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divestment |
Also found in: Dictionary/thesaurus, Financial, Encyclopedia, Wikipedia, Hutchinson | 0.02 sec. |
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divestment to strip one's investment from an entity. See also: appropriation, attachment, condemnation, curtailment, denial, disseisin, distraint, distress, eviction, expropriation, foreclosure, forfeiture, privation, removal, sequestration, taking How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
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| Divestitures may once have been looked upon as a symbol of failure, but no more. Reno would not predict whether the extra time would produce agreement on divestitures that would satisfy the government's objections. The divestiture of Flexible Lamps, a UK manufacturer of lighting systems for commercial vehicles, following the divestitures earlier this year of the company's Neapco and Pioneer business units, furthers UCI's Centers of Excellence strategy, allowing the company now to devote full focus and attention to its core automotive aftermarket businesses: Airtex Products (fuel systems), ASC Industries (cooling systems), Champion Laboratories (filtration) and Wells Manufacturing (engine management). |
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