reprivatize

verb
re·​pri·​vat·​ize | \ (ˌ)rē-ˈprī-və-ˌtīz How to pronounce reprivatize (audio) \
reprivatized; reprivatizing

Definition of reprivatize

transitive verb

: to make (something) private again especially : to change (something, such as a business or industry that was previously made public) back to private control or ownership reprivatized the banks