He wishes to divest himself of some newly inherited assets.
»The Bank made a commercial decision to divest itself of its registration business.
Financial and business terms. 2012.
divest oneself of sth — UK US divest yourself of sth Phrasal Verb with divest({{}}/dɪˈvest/ verb [I or T] ► FINANCE to sell an asset, a business, etc. that belongs to you: »He wishes to divest himself of some newly inherited assets. »The Bank made a commercial decision… … Financial and business terms
divest — di|vest [daıˈvest, dı ] v [Date: 1600 1700; : Old French; Origin: desvestir to undress , from Latin vestire to dress ] [I and T] technical if a company divests, it sells some of its ↑assets, ↑investments etc ▪ pressure on hospitals to divest… … Dictionary of contemporary English
divest — verb divest sb of sth phrasal verb (T) formal 1 divest yourself of to take off something you are wearing or carrying: Pedro divested himself of his overcoat and boots. 2 to get rid of something that you own: divest yourself of: A new minister… … Longman dictionary of contemporary English
