Discover the concept of carve-outs in business, where a company strategically separates a business unit or set of assets to create an independent entity while still maintaining some degree of control. This move can enhance operational focus, improve financial performance, and unlock value for shareholders. Carve-outs come in different forms, including spin-offs, where the new entity is fully independent, and equity carve-outs, which involve selling a minority stake. Explore definitions, types, processes, and key benefits in detail.