{"iri":"https://folio.openlegalstandard.org/R8mdtiEByhNM1c8AfvQOkOO","label":"Spin-off","sub_class_of":["https://folio.openlegalstandard.org/RsaC1DeVmdIpw8YKXA9JNt"],"parent_class_of":[],"is_defined_by":null,"see_also":[],"comment":null,"deprecated":false,"preferred_label":null,"alternative_labels":[],"translations":{"de-de":"Ausgründung","pt-br":"Cisão","fr-fr":"Scission","en-gb":"Spin-off","es-es":"Spin-off","es-mx":"Spin-off","he-il":"ספין-אוף","hi-in":"स्पिन-ऑफ","ja-jp":"スピンオフ","zh-cn":"分拆"},"hidden_label":null,"definition":"A spin-off divestiture is a corporate action in which a company separates a business unit, division, or subsidiary into a standalone, independent entity. In this process, shares of the new company are often distributed to existing shareholders of the parent company on a pro-rata basis. Spin-off divestitures are often undertaken to allow the separated entity to focus on its core competencies, unlock shareholder value, or comply with regulatory requirements.","examples":[],"notes":[],"history_note":null,"editorial_note":null,"in_scheme":null,"identifier":null,"description":null,"source":null,"country":null}