A form of corporate restructuring in which a parent firm sells shares in a subsidiary through an initial public offering (IPO).
A business strategy where a large company or group splits up into multiple independent companies, or sells off subsidiaries.
A divisive reorganization involves the transfer of all or part of a division, subsidiary, or corporate segment in a tax-free manner. It includes three main types: split-up, split-off, and spin-off.
A financial structure that primarily involves an oil or gas company spinning off ownership of an oil-producing property to shareholders, allowing for direct revenue distribution without corporate taxation.
A type of corporate restructuring wherein a parent company divests itself of a wholly owned subsidiary by distributing shares in the latter to its own shareholders, making the subsidiary an independent company. This process often aims to increase shareholder value and improve the focus of both entities.
A type of corporate restructuring in which a parent company divests itself of a wholly owned subsidiary by giving its shareholders the opportunity to exchange their shares for shares in the subsidiary, thereby making it an independent entity. Unlike a spin-off where shares are distributed automatically, in a split-off, the parent company makes a tender to its shareholders, who can choose whether or not to acquire shares in the new company.
