Chula Spin Off

spin off  Definition of spin-off noun in Oxford Advanced American Dictionary Meaning, pronunciation, picture, example sentences, grammar, usage notes, synonyms and PHINIA Inc completes spin-off from BorgWarner PHINIA, Inc , a leader in premium fuel systems, electrical systems and aftermarket parts

Spin-Off is a corporate action wherein the parent company sells a specific division to create a new independent entity  Complete list of spin-​off companies of ETH Zurich ; Resonance Exploration Technologies AG, Biotech & Pharma, Medtech, Sensors and Analytics, LifeSciences,

In doing so, that business unit becomes an independent company The parent company distributes shares in the spin off company to existing shareholders on a pro SPIN–OFF meaning: 1 : a television program, movie, book, etc , that is based on characters from another television program, movie, book, etc ;