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divestiture
(redirected from divestures)

   Also found in: Legal, Financial, Encyclopedia 0.01 sec.
di·ves·ti·ture  (d-vst-chr, -chr, d-)
n.
1. An act of divesting.
2. The sale, liquidation, or spinoff of a corporate division or subsidiary.

[From Medieval Latin dvesttus, past participle of dvestre, to undress, variant of disvestre : Latin dis-, dis- + Latin vestre, to dress; see vestment.]
ThesaurusLegend:  Synonyms Related Words Antonyms
Noun1.divestiture - an order to an offending party to rid itself of property; it has the purpose of depriving the defendant of the gains of wrongful behavior; "the court found divestiture to be necessary in preventing a monopoly"
court order - a writ issued by a court of law requiring a person to do something or to refrain from doing something
law, jurisprudence - the collection of rules imposed by authority; "civilization presupposes respect for the law"; "the great problem for jurisprudence to allow freedom while enforcing order"
2.divestiture - the sale by a company of a product line or a subsidiary or a division
sale - a particular instance of selling; "he has just made his first sale"; "they had to complete the sale before the banks closed"
Translations
divestiture, divestment
n (form)
(= deprivation) (of clothes)Entkleidung f, → Entblößung f; (of rights) → Beraubung f
(Fin: of investment) → Veräußerung f


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In 2000, the revision of Commercial Codes introduced procedures for splitting-up companies to facilitate restructuring through spin-offs and divestures, and the enactment of Civil Rehabilitation Law simplified bankruptcy reorganization procedures.
The saga of the Alltel-Verizon merger continues as parties interested in snapping up the divestures begin to take the stage.
Laidley has extensive experience in the areas of corporate reorganizations, acquisitions and divestures.
 
 
 
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