what is spin-off in banking?

Answer 1

Good question. It's typically when a publicly traded company sheds one or more of its businesses. . .in the form of a new company. . .or it could be an existing, wholly owned subsidiary. . .and shareholders end up with an ownership stake in the new--and remaining--companies.

One of the largest. . .and best known. . .spin offs in US corporate business history. . .is the original AT&T ("Ma Bell"). . .giving birth to her baby bells. . .with one of them (SBC). . .recently re-acquiring the parent and renaming itself. . .AT&T!

You didn't ask but. . .why is this done? Because a public company's stock price trades based on sales and earnings multiples. . .and sometimes. . .or at least this is what bankers are paid to say. . .a company can trade better if it spins off a business unit that may be dragging the stock price multiple below a peer group range.

Hope this helps!

Answer 2

Spin-off is a situation when a company separates one of its divisions into a separate company and distributes stock of the new company to its shareholders.

Answer 3

one after the different from the question of despite if putting your cash in a Swiss monetary agency account certainly proves conspiracy to defraud the IRS, united statesmade statements to depositors basically before deposits being made with regard to the circumstances under which account holder tips could be printed. they have now long previous against what they reported, meaning they're liars and frauds.