| 单词 | CARVE-OUT |
| 释义 | A CORPORATE FINANCE transaction where a company segregates a portion of its business, places it in a separate corporate entity, and sells it to a third party or floats it through an INITIAL PUBLIC OFFERING. A carveout may occur if the company seeks to permanently exit a business segment that is no longer deemed essential to strategic growth, or if it wishes to raise additional CAPITAL for other corporate operations. Also known as SPINOFF. |
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