Sentence examples for the divestitures from inspiring English sources
noun
The act of divesting, or something divested
The divestitures meant that I.B.M. was no longer the world's largest information technology company.
But the divestitures, coming within 90 days of him taking office, are largely unrelated to Heinz.
The order gives the companies until May 19 , 2001 to complete the divestitures.
But Darren Lehrich, an analyst at SunTrust Robinson Humphrey, said the divestitures indicated that Tenet's turnaround was far from imminent.
The proceeds from the divestitures will be used to finance Citizens' planned acquisitions of telephone access lines.
That includes reductions resulting from the divestitures of the company's German retail banking operations and its Indian outsourcing franchise.
It did not detail the timing of the planned divestitures, the cost or how many jobs would be affected.
The investments and the divestiture were first reported by The Associated Press.
Even with the divestiture, the new company will control about 40percentt of Alaskan oil production.
Under state law, the owners have until 2004 to complete the divestiture.
Lucent expects to complete the divestiture by the close of its fourth quarter, which ends on Sept. 30.
