Home > Terms > English, UK (UE) > Subsidiary carve-out
Subsidiary carve-out
A transaction in which the parent creates a wholly-owned independent legal subsidiary, with stock and a management team different from the parent's, and issues a portion of the subsidiary's stock to the public.
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- Part of Speech: noun
- Synonym(s):
- Blossary:
- Industry/Domain: Banking; Business services
- Category: Mergers & acquisitions
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