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What is a divesture?

What is a divesture? Here are some definitions.

Noun
  1. Obsolete form of divestiture.
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Another view is that AMPs are an easier remedy to apply than, for example, a divesture of assets or an order requiring certain actions that may necessitate monitoring subsequent to the issuance of the order.
Federal-Mogul is disposing of Glacier Vandervell to Dana in order to fulfil the divesture requirements of the above mentioned authorities.
As part of its divesture programme, in 2008, the government targeted IMPRISCO and Rubilizi National Hatchery for privatisation.
The divesture of shareholdings and the closure of locations are key elements.
In particular, we further strengthened our Information Technology segment through the divesture of non-strategic operations and by capturing the benefits derived from prior year restructuring activities.
For electricity, such measures could imply either divesture or asset swaps of power plants on a European scale.

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