An Equity Carve-Out Is Not Only a Spin-Off but Also

question 14

True/False

An equity carve-out is not only a spin-off but also a special type of IPO.

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Definitions:

Chinese Economy

The economic system of the People's Republic of China, known for its rapid growth, manufacturing base, and significant role in global trade.

Per Capita GDP

The gross domestic product of a country divided by its population, reflecting the average economic output per person.

Less Developed Countries

Nations with lower living standards, undeveloped industrial bases, and low Human Development Index (HDI) relative to other countries.

Annual Rate

A rate of interest, growth, or performance measured over a twelve-month period.