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divesture

NOUN
divestiture
Synonyms


Example Sentences

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Nationally, Kroger expects divesture could involve anywhere from 100 to 375 locations, which would move into a standalone entity dubbed SpinCo, and run by Albertsons.

From Seattle Times ● Oct. 14, 2022

Regulators also poured cold water on a proposed full divesture of Calgary-based Shaw’s wireless business, Freedom Mobile, labeling it as insufficient to address the competition concerns.

From Reuters ● May 12, 2022

The companies have proposed full divesture of Shaw’s wireless business, Freedom Mobile, to address concerns regarding the possible impact of the merger deal on Canada’s competitive wireless market.

From Reuters ● May 7, 2022

The company will also pass on to shareholders the majority of the cash proceeds from the divesture of U.S. subsidiary Reebok, which it expects to be finished in the first quarter of 2022, it said.

From Reuters ● Dec. 16, 2021

The divesture will help avoid future operational complexities associated with C3 and reduce short-term capital investment, Canopy said, adding that all C3 employees would be retained by Dermapharm.

From Reuters ● Dec. 15, 2021


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