“Divest” is a common word. “Divestiture” is less familiar, and you may be wondering what it means. Discover the definition of “divestiture,” how to plan and execute different types of corporate divestitures, and the reasons for doing so.
What Is a Divestiture?
The more familiar word “divest” means to get rid of something. It's usually used in the context of investments, in which case it would mean to get rid of investments that are no longer wanted.