The phrase "decided to divest" is grammatically correct and can be used in written English.
It means to sell off or get rid of assets or investments. It is often used in business or finance contexts. Example: The company's board of directors has decided to divest their shares in the struggling division in order to focus on more profitable ventures.
"In confidentiality," it read: "we have decided to divest tobacco … If you can, let's discuss further.
He added: "For this reason, Axa has decided to divest from the companies most exposed to coal-related activities".
That we decided to divest from coal companies today reflects the seriousness of the climate change problem".
The Guardian's editor-in-chief Alan Rusbridger said: "I'm really delighted that GMG, having independently considered all the evidence, has decided to divest out of fossil fuels.
The college which represents more than 21,000 medical practitioners and trainees in Australia and New Zealand has decided to divest from fossil fuels.
With the affiliation of the medical school and Presbyterian Hospital in 1911 to form what eventually became the Columbia-Presbyterian Medecidedentor, Columbia divestd to ditselfitself of its clinical units and in 1925, Vanderbilt became part of Presbyterian Hospital.
An example: suppose that the market price for a share in ExxonMobil is ten dollars, and that, as a result of a divestment campaign, a university decides to divest from ExxonMobil, and it sells the shares for nine dollars each. What happens then?
"Suppose that the market price for a share in ExxonMobil is ten dollars, and that, as a result of a divestment campaign, a university decides to divest from ExxonMobil, and it sells the shares for nine dollars each. What happens then?
Clearly, ethical and legal issues can arise when companies decide to divest customers.
Should the sultan decide to divest, some ready buyers are standing by.
Even worse, should one or both of the corporate parents decide to divest, the partnership can complicate a sale.
