Scissione -

In a business context, scissione is a corporate restructuring operation where a company transfers all or part of its assets and liabilities to one or more existing or newly formed companies.

A specific type of demerger where shares of the new entity are assigned directly to the transferring company rather than its shareholders. Scissione

The original company continues to exist but spins off a portion of its assets/liabilities to another entity. In a business context, scissione is a corporate