Carve-Out
A carve-out separates part of a business through a sale, IPO, or standalone structure while the parent may retain ownership.
Divestitures, Spin-Offs, and Carve Outs covers Carve-Out, Demerger, Divestiture, Spin-Off, and related corporate-finance topics for deal structure, consideration, takeover, defense, divestiture, and restructuring analysis.
Divestitures, Spin-Offs, and Carve Outs covers mergers, acquisitions, buyouts, SPAC transactions, deal consideration, takeover bids, defenses, divestitures, restructurings, turnarounds, and control transactions.
Use these pages when a transaction changes ownership, control, valuation, financing, assets, liabilities, shareholder rights, or business scope. It sits inside Divestitures, Restructuring, and Turnarounds, so readers can move up when the broader company-finance context matters.
Use the table below to choose the narrower corporate-finance branch before applying a term to a model, board memo, financing analysis, transaction review, or risk assessment. Move into the term page when the evidence source, calculation, agreement, filing, account, or governance right matters.
| Area | Use it for |
|---|---|
| Carve-Out | A carve-out separates part of a business through a sale, IPO, or standalone structure while the parent may retain ownership. |
| Demerger | A demerger separates a company into distinct businesses, often to improve focus, valuation, or strategic flexibility. |
| Divestiture | A divestiture is the sale, spin-off, closure, or separation of a business unit, asset, or subsidiary. |
| Spin-Off | A spin-off distributes or separates a subsidiary into an independent company, usually with its own shares and management. |
| Spin-Off vs. Split-Up | Spin-offs and split-ups both separate businesses, but they differ in whether the parent continues after the restructuring. |
| Spin-Out | A Spin-Out is a corporate action where a company creates a new independent entity by separating part of its operations or assets into the newly formed company. |
| Unbundling | Unbundling involves the separation of a business into its constituent parts or the selling off of separate parts of a security. |
M&A content is educational and does not provide legal, tax, accounting, valuation, fairness-opinion, or transaction advice.
Choose a subsection first. Deeper term pages live inside each subsection, which keeps large topic hubs readable.
A carve-out separates part of a business through a sale, IPO, or standalone structure while the parent may retain ownership.
A demerger separates a company into distinct businesses, often to improve focus, valuation, or strategic flexibility.
A divestiture is the sale, spin-off, closure, or separation of a business unit, asset, or subsidiary.
A spin-off distributes or separates a subsidiary into an independent company, usually with its own shares and management.
Spin-offs and split-ups both separate businesses, but they differ in whether the parent continues after the restructuring.
A Spin-Out is a corporate action where a company creates a new independent entity by separating part of its operations or assets into the newly formed company.
Unbundling involves the separation of a business into its constituent parts or the selling off of separate parts of a security.