Divestiture
Divestiture is the opposite of an acquisition. That is, a company sells a portion of its assets—often a whole division—to another firm or individual.
Definitions
According to Financial Management Theory and Practice by Eugene F. Brigham and Michael C. Ehrhardt (13th edition),
- Divestiture. The opposite of an acquisition. That is, a company sells a portion of its assets—often a whole division—to another firm or individual.
According to Fundamentals of Financial Management by Eugene F. Brigham and Joel F. Houston (15th edition),
- Divestiture. The sale of some of a company’s operating assets.
According to the Strategic Management by David and David (15th edition),
- Divestiture. Selling a division or part of an organization.
According to the HRBoK Guide,
- Divestiture. The sale of a company's asset(s). Property that an organization sells or gives to another organization (for example, a company's sale of a business unit).
Related concepts
- Financial management. A combination of enterprise efforts undertaken in order to procure and utilize monetary resources of the enterprise.
