FOLIO Ontology

Identification

IRI:
https://folio.openlegalstandard.org/R3SySoBpqTLFk1SEcLT3cw
Label Split-off
Preferred Label N/A
Identifier N/A
Alternative Labels

None

Definition

A split-off divestiture is a corporate action in which a company separates a business unit, division, or subsidiary into a standalone, independent entity, but unlike a spin-off, it requires existing shareholders to exchange their shares in the parent company for shares in the newly formed entity. This process effectively separates the ownership of the parent company and the newly created company. Split-off divestitures are undertaken for various reasons, such as to focus on core competencies, improve operational efficiency, or comply with regulatory requirements.

Class Relationships

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See Also

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Parent Class Of 0

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Translations

๐Ÿ‡ฉ๐Ÿ‡ช

de-de

Abspaltung

๐Ÿ‡ง๐Ÿ‡ท

pt-br

Cisรฃo

๐Ÿ‡ช๐Ÿ‡ธ

es-es

Escisiรณn

๐Ÿ‡ซ๐Ÿ‡ท

fr-fr

Scission

๐Ÿ‡ฒ๐Ÿ‡ฝ

es-mx

Separaciรณn

๐Ÿ‡ฌ๐Ÿ‡ง

en-gb

Split-off

๐Ÿ‡ฎ๐Ÿ‡ฑ

he-il

ืคื™ืฆื•ืœ

๐Ÿ‡ฎ๐Ÿ‡ณ

hi-in

เคตเคฟเคญเคพเคœเคจ

๐Ÿ‡จ๐Ÿ‡ณ

zh-cn

ๅˆ†ๆ‹†

๐Ÿ‡ฏ๐Ÿ‡ต

ja-jp

ๅˆ†็คพๅŒ–

Class Hierarchy Visualization

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Additional Information

Metadata

Comment

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Description

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Notes

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Editorial Information

History Note

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Editorial Note

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Deprecated

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Source and Origin

No source or origin information available