FOLIO Ontology

Divestiture is the process of selling, liquidating, or otherwise disposing of a company's assets, subsidiaries, or business units, often as a strategic decision or in response to regulatory requirements. Divestitures can be executed for various reasons, such as to streamline operations, raise capital, reduce debt, or comply with antitrust regulations, and typically involve the transfer of ownership and control of the divested assets to another entity.