divestiture

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divestiture

n. the court ordered or voluntary giving up of a possession or right, which is a common result in an anti-trust action to prevent monopoly or other restraint of trade.

References in periodicals archive ?
In this study, we focus on an important subset of portfolio restructuring activities: namely, asset divesture and asset expansion restructuring.
"We understand this announcement will create uncertainty for Arizona Chemical employees, their families and other stakeholders, and we will do all we can to assist employees with any issues that arise during this divesture process."
Divesture of certain processing plants may be required in the U.S.
Divesture of this product grade was the condition set forth in the conditional approval granted to Tronox by the European Commission on July 4, 2018.
His extensive background in software-based businesses fits perfectly with Dialogics emergence as a pure software company after the recent divesture of our hardware business.
(NYSE: CJ) as part of a divesture for CDN 37.5m, the company said.
In its divesture order, the DOJ explained that without the mandated sales, the prices for broadcast television spot advertising and the retransmission fees charged to cable and satellite providers "would likely increase" in the six DMAs singled out by the Justice Department.
Following product development, Abstral was out-licensed to Kyowa Hakko Kirin Co Ltd and the European subsidiary ProStrakan Group plc, which still holds the rights in the Japan and EU respectively, whereas Galena Biopharma Inc held the rights for Abstral in the US until this divesture.
TPG said the divesture allows it to focus on the growth and development of innovative products.
In 2006, Emerald was formed from the divesture of six specialty chemical businesses from Lubrizol.
This divesture will strengthen our focus on the German and Polish Deltavista organizations and their financial basis in order to accelerate growth and successfully establish the company amongst the leading credit bureaus in the German and Polish markets.”
15 December 2010 - Nomura today retained its "neutral" recommendation on German engineering group Siemens AG (ETR:SIE) and kept the share price target at EUR 72 after the announced divesture of its IT services division.