👉 Divested is a phrase used to describe how a company has been sold or transferred ownership of its assets, which may include shares, stocks, and other financial instruments. This can happen for various reasons such as mergers, acquisitions, or other transactions where the company's assets are no longer under its control. In the context of divested companies, it typically refers to an entity that has been acquired by another company, either through a merger, acquisition, or other means. The goal of divested
