divest

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Divest

To deprive or take away.

Divest is usually used in reference to the relinquishment of authority, power, property, or title. If, for example, an individual is disinherited, he or she is divested of the right to inherit money. Similarly, an individual may be divested of his or her citizenship for Treason.

Divest is also spelled devest.

divest

to take away an estate or interest in property vested in a person. See VESTING.
References in periodicals archive ?
The divested subsidiary's new owner is Recover Nordic Group.
Swedish pharmaceutical company Moberg Pharma AB (STO:MOB) announced on Wednesday the entering into an agreement with Randob Labs to divest the brand Balmex for a total consideration of USD4.25m, plus the inventory value at closing.
The divested operations have been part of Lemcon Networks, which is 100% owned by LemminkEninen.
SAS Group on Monday announced that it has signed an agreement with Swedavia to divest six properties at Arlanda in Stockholm, Landvetter in Gothenburg and Sturup in Malmo.
Cullinane said that to divest would mean to walk away.
Instalco Intressenter AB (STO:INSTAL), an installation company in the Nordic region, announced on Monday the decision to divest its company Expertkyl in the business area West.
Danish telecomms operator TDC A/S said on Thursday (16 December) that its German subsidiary Talkline Management & Finance Holding GmbH had concluded an agreement to divest its value added services provider Talkline ID to the German company Freenet.de AG.
Russian lender VTB Bank (MCX: VTBR) has said that it has divested its insurance business.
The Canadian telecomms equipment maker Nortel Networks has signed an agreement to divest the majority of its manufacturing activities related to the systems integration, configuration and testing of the company's DMS circuit switching products to Montreal-based C-MAC Industries Inc.
NORDIC BUSINESS REPORT-February 12, 2018-Victoria Park divests lifestyle property segment
Global Banking News-January 8, 2014--Dutch pensions group divests from Israeli banks
M2 EQUITYBITES-February 12, 2018-Victoria Park divests lifestyle property segment