This is known as divestiture.
Divestiture is a crucial business tactic that involves dividing a company or business into smaller entities to function independently, sell assets, or dissolve entirely. Through this process, a business can streamline its operations and maximize its value for shareholders. Divestiture is a common practice in the corporate world, and it can have a significant impact on the financial health of a company. Let's explore the concept of divestiture in more detail.
