One notable divestiture was the spin$-$off of $P$&$G\text{'}$s food and beverage division, which included popular brands like Folgers coffee and Pringles snacks. P&G decided to separate these brands into a standalone company called The J$.$M$.$ Smucker Company. The spin$-$off allowed $P$&$G$ to concentrate its resources and investments on its core categories of personal care, household products, and beauty brands. Which restructuring strategy, such as this, is generally associated with reduced debt costs and increased strategic controls?

Downscoping

Downsizing

Leveraged buyouts

Complete sell$-$off