The German energy concern RWE has agreed to sell its western German gas network in order to avoid fines for anti-competitive activities.
disinvest Show phonetics
verb [I] (US ALSO divest)
to sell your shares in a company or to stop taking part in a business activity
noun [U] (US ALSO divestiture or divestment)
(from Cambridge Advanced Learner's Dictionary)
As United Airlines mulls options for its frequent-flier program and its maintenance unit, a major shareholder is urging AMR, the parent of American Airlines, to consider its own divestitures.
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