TeachMeFinance.com - explain Divestiture
Divestiture The term 'Divestiture' as it applies to the area of energy can be defined as ' The stripping off of one utility function from the others by selling (spinning-off) or in some other way changing the ownership of the assets related to that function. Stripping off is most commonly associated with spinning-off generation assets so they are no longer owned by the shareholders that own the transmission and distribution assets'.
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