reprivatize
/ˌriːˈprʌɪvɪtʌɪz/(also reprivatise)
verb
[with object] To return (a previously nationalized business, industry, or service) to private ownership and control. Compare privatize.
Origin
1930s; earliest use found in The Economist. Either from re- + private + -ize, or from re- + privatize (although that is first attested later). Compare German reprivatisieren.