dispossession, divest, divestiture,turnaround

 BP in Deal to Sell Some Gulf Fields

BP reached a deal to sell some of its Gulf of Mexico offshore oil fields to Plains Exploration & Production for $5.55 billion, as BP continues to divest itself of assets to pay for the 2010 oil spill in the region.

With New C.E.O., Yahoo Charts Independent Course With the announcement of its new chief executive on Wednesday, Yahoo appears determined to chart its own course, rather than selling out.

By naming Scott Thompson, the president of PayPal, as its new chief, the struggling Internet company sent a signal that it intended to try to fix its problems in the public domain, rather than taking itself private.

Mr. Thompson's appointment comes a little less than two weeks after Yahoo's board voted to formally work on a potential sale of its holdings in its Asian partners. Should those transactions - the divestiture of its entire stake in Yahoo Japan and of most of its stake in Alibaba of China - be completed, Yahoo will have several billions of dollars to finance any turnaround effort.


dispossess

━━ vt. 取上げる, 奪う ((of)); 追出す ((of)).
dis・possessed　━━ a. 土地, 家などを奪われた.
dis・possession　━━ n.
noun

The condition of being deprived of what one once had or ought to have: deprival, deprivation, divestiture, loss, privation. Seegive/take/reciprocity, rich/poor.

The noun has 2 meanings:
Meaning #1: the expulsion of someone (such as a tenant) from the possession of land by process of law
Synonyms: eviction, legal ouster
Meaning #2: freeing from evil spirits
Synonym: exorcism

divest

[動](他)1 ［divest A of B］(1) 〈A（人など）からB（服など）を〉脱がせる, はぐ Winter divested the trees of their foliage.冬...

divest oneself of

((形式))〈服を〉脱ぐ；〈責任などを〉のがれる；〈誇りなどを〉捨てる She divested herself of all commitments.彼女は公約をすべて破棄した.

divestiture

[名][U]奪うこと, 剥奪(はくだつ)；《金融》投資の撤収；子会社の売却［分離］. （またdi・vést・ment）