hive

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In a move that mirrors the previous hiving off of its popular Burberry fashion line, the demerger will allow existing stakeholders to continue to benefit from their investments in both businesses.
Staff costs can be dramatically reduced and profit margins increased by hiving off administration, leaving agencies to pursue sales more aggressively.
Other global accountancy firms have taken, or are taking, steps to follow the example of Arthur Andersen in hiving off their consultancies.
Under the agreement, the conglomerate has promised to radically reduce its debt, estimated at 50 billion dollars, by selling assets and hiving off affiliates.
Some have noted that perhaps the big automakers might become systems integrators, much like Boeing hiving off subassemblies.