Definition from Wiktionary, the free dictionary
divestiture (plural divestitures)
- the act of divesting, or something divested
- the sale or liquidation of a subsidiary company, especially if forced by some governing authority
2009 January 31, “Procter & Gamble forced to slice view”, Toronto Star:
- Organic sales, which exclude the impact of acquisitions, divestitures and foreign exchange, are now expected to rise 2 per cent to 5 per cent […] .