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Divestiture vs Diversification - What's the difference?

divestiture | diversification |

As nouns the difference between divestiture and diversification

is that divestiture is the act of divesting, or something divested while diversification is the act, or the result, of diversifying.

divestiture

English

Noun

(en noun)
  • the act of divesting, or something divested
  • the sale or liquidation of a subsidiary company, especially if forced by some governing authority
  • * {{quote-news, year=2009, date=January 31, author=, title=Procter & Gamble forced to slice view, work=Toronto Star citation
    • , passage=Organic sales, which exclude the impact of acquisitions, divestitures and foreign exchange, are now expected to rise 2 per cent to 5 per cent

    diversification

    English

    (wikipedia diversification)

    Noun

    (en noun)
  • The act, or the result, of diversifying.
  • A corporate strategy in which a company acquires or establishes a business other than that of its current product.