# Spin-off

**IRI:** https://folio.openlegalstandard.org/R8mdtiEByhNM1c8AfvQOkOO

## Labels

**Translations:**

- de-de: Ausgründung
- en-gb: Spin-off
- es-es: Spin-off
- es-mx: Spin-off
- fr-fr: Scission
- he-il: ספין-אוף
- hi-in: स्पिन-ऑफ
- ja-jp: スピンオフ
- pt-br: Cisão
- zh-cn: 分拆

## 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.

## Sub Class Of

- https://folio.openlegalstandard.org/RsaC1DeVmdIpw8YKXA9JNt

**Deprecated:** False