{"iri":"https://folio.openlegalstandard.org/R9fU3LWOxgJp4CwRmoUeqbr","label":"Carve-out","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":"Carve-out","en-gb":"Carve-out","fr-fr":"Carve-out","pt-br":"Carve-out","es-es":"Exclusión","es-mx":"Exclusión","he-il":"פיצול","hi-in":"कार्व-आउट","ja-jp":"カーブアウト","zh-cn":"剥离"},"hidden_label":null,"definition":"A carve-out divestiture is a corporate action in which a company partially divests a business unit, division, or subsidiary by selling a minority stake, often through an initial public offering (IPO). The parent company retains majority ownership and control of the carved-out entity, while the new shareholders hold a minority stake. Carve-out divestitures are typically executed to raise capital, unlock value, or allow the separated entity to focus on its core competencies while maintaining a strategic relationship with the parent company.","examples":[],"notes":[],"history_note":null,"editorial_note":null,"in_scheme":null,"identifier":null,"description":null,"source":null,"country":null}