A B C D E F G H I J K L M N O P Q R S T U V W X Y Z
Hiving off a part of a company to form a new company, which then functions completely separately. The new company might be listed on a stock exchange. Shareholders in the original company usually receive the same percentage holding in the new company. Demergers are normally performed so each company can focus on its core business.
See also: Spin Off