# carve-out

- Canonical URL: https://www.gerhardmerk.de/carve-out
- Post ID: 591463
- Modified: 2023-07-25T21:00:31+00:00
- Language: en

## Definition

Unless otherwise defined, this refers to the sale of treasury shares in a subsidiary established primarily for this purpose (the selling of treasury shares in a subsidiary; this is often preceded by the actual creation of the subsidiary). According to the 1998 Law on Control and Transparency in the Corporate Sector, companies may acquire a maximum of ten percent of their own shares. Treasury shares must be shown separately in the balance sheet and deducted from equity when calculating key figures. A spin-off to circumvent these regulations is not permitted. - If a spin-off takes place at institutions, the approval of the supervisory authority must also be obtained as a rule. Attention: The financial encyclopedia is protected by copyright and may only be used for private purposes without express consent! University Professor Dr. Gerhard Merk, Dipl.rer.pol., Dipl.rer.oec. Professor Dr. Eckehard Krah, Dipl.rer.pol. E-mail address: info@ekrah.com https://de.wikipedia.org/wiki/Gerhard_Ernst_Merk https://www.jung-stilling-gesellschaft.de/merk/ https://www.gerhardmerk.de/

## Machine-readable

- Generator: Merk Knowledge 1.1.1