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What does divesting mean?

Looking for the meaning or definition of the word divesting? Here's what it means.

Verb
  1. present participle of divest
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Recently, the company has been divesting itself of those businesses to concentrate on its core TV technologies.
This enhances the prospective value to be derived from divesting this late-stage program.
He sat down on a convenient Corinthian capital, first divesting it of its resident goose, and put his lovely head in his hands.
This cash flow is the total source of cash both from operating the company's assets and from the divesting of assets.
Braman said FFI's analysis showed that investors divesting from fossil fuels in recent years would not have lost money.
In this way, using the device of acquiring and divesting subsidiary companies, the policy of large companies has alternated between diversification and focusing.

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