divestiture
Example Sentences
Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.
General Mills expects its turnaround efforts to improve organic sales next year, but in the meantime, investments in new products and portfolio divestitures pressured fiscal third-quarter profitability.
“Consistent with our strategy, this divestiture enables us to concentrate our capital, leadership and operational focus on the properties that we believe generate the strongest returns and offer the greatest long-term upside,” he said.
Torch Key’s focus is on complex deals such as carve-outs and divestitures, including buying companies with some challenges that need operational work, Reed said.
While the divestitures may reduce debt, how far the proceeds can offset lost earnings will depend on the size of the sales, it says.
Global Payments said last month that it had completed its divestiture from its Issuer Solutions business.
From Barron's
From Roget's 21st Century Thesaurus, Third Edition Copyright © 2013 by the Philip Lief Group.