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The Collaborative International Dictionary
Denationalizing

Denationalize \De*na"tion*al*ize\, v. t. [imp. & p. p. Denationalized; p. pr. & vb. n. Denationalizing.] [Cf. F. d['e]nationaliser.]

  1. To divest or deprive of national character or rights.

    Bonaparte's decree denationalizes, as he calls it, all ships that have touched at a British port.
    --Cobbett.

    An expatriated, denationalized race.
    --G. Eliot.

  2. to change (something, as an industry or business) from state to private ownership or control; as, the British denationalization of steel.

    Syn: privatize, denationalise.

Wiktionary
denationalizing

vb. (present participle of denationalize English)