Carve-out
Carve-out is a minority interest in a corporate subsidiary is sold to new shareholders, so the parent gains new equity financing yet retains control.
Definitions
According to Fundamentals of Financial Management by Eugene F. Brigham and Joel F. Houston (15th edition),
- Carve-out. A minority interest in a corporate subsidiary is sold to new shareholders, so the parent gains new equity financing yet retains control.
Related concepts
- Financial management. A combination of enterprise efforts undertaken in order to procure and utilize monetary resources of the enterprise.
