hive off

verb

1. to transfer or be transferred from a larger group or unit
2. usually tr to transfer (profitable activities of a nationalized industry) back to private ownership

Example Sentences

Dr Jash says he also told her that they may even have to perform an invasive surgery which would involve hiving off a part of her lung.

From BBC

Men spilled over each other, hiving off into small groups to drink.

From Seattle Times

Failing to do so could risk Musk hiving off the A.I. work that had driven investor enthusiasm in the stock.

From New York Times

Meanwhile the French Mandate hived off Lebanon from Syria to create a strategic beachhead and imposed new boundaries over the whole territory in the early 1920s, before an Arab rebellion which they also ruthlessly suppressed.

From BBC

The two firms have been engaged in a public battle since last November, when Ping An urged the bank to hive off its profitable Asia business to deliver better returns to shareholders.

From Reuters