Spin-off Ausgründung Spin-off Spin-off Spin-off Scission ספין-אוף स्पिन-ऑफ スピンオフ Cisão 分拆 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.