divest verb [ I or T ] mainly US

i) divest

verb [ I or T ] mainly US
UK
/daɪˈvest/ US
/dɪˈvest/
https://dictionary.cambridge.org/dictionary/english/divest

to sell something, especially a business or a part of a business:

The company is divesting its less profitable business operations.
She has divested herself of (= sold) some of her share-holdings.

ii) divest
verb [ T ]
US
/dɑɪˈvest, dɪ-/


to get rid of an investment, part of a business, etc. by selling:

He had encouraged the state to divest such holdings.