What is Spinoff ?
The process of converting a subsidiary or division of an existing company into a separate, independent entity is known as “spin-off.” In a spin-off, the subsidiary or division becomes a stand-alone company with its own operations, management, and ownership structure. This allows the parent company to focus on its core businesses, while the spun-off entity can pursue its own strategic goals and growth opportunities. Shareholders of the parent company usually receive shares of the newly formed stand-alone entity.
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