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Divestment

usgb/daɪˈvestmənt/Volume
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Business ContextPlay
Divestment often relates to strategic business decisions, emphasizing the sale aspect. SlideThe telecom giant announced a divestment of its overseas operations.
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Financial HealthPlay
Divestment may imply improving a company's financial situation by selling underperforming units. SlideTo reduce debt, the firm completed the divestment of its manufacturing division.
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Market FocusPlay
Companies divest to focus on core markets or areas of strength. SlideThe divestment allows us to concentrate on our core software business.