A situation in which a parent company sells a minority share of a child company, usually in an IPO, while retaining the rest. The child company will have its own board of directors and financial statements, but will benefit from the parent company's resources and strategic support. Usually, the parent company will eventually sell the rest of the child company in the open market. also called partial spinoff.
http://www.investorwords.com/746/carve_out.html
http://www.investorwords.com/3597/partial_spinoff.html

http://www.proz.com/kudoz/english_to_serbo_croat/economics/1...

delimično razdvajanje - prodaja manjinskog dela akcijskog kapitala putem inicijalne javne ponude

IPO (inicijalna/početna javna ponuda)To sell a minor equity stake in a division or portion of a company through an IPO. The minority stake is generally 20%.

IPO. The first sale of stock by a company to the public. The most common reason for a company to initiate an IPO is in order to raise more capital.
http://www.investorwords.com/2640/IPO.html


--------------------------------------------------
Note added at 56 mins (2010-05-17 11:28:04 GMT)
--------------------------------------------------

Konkretnije: izdvajanje i prodaja dela akcijskog kapitala

Izdvajanje i prodaja dijela poslovanja (Carve out). Tvrtke odnosno vlasnici se često odlučuju na izdvajanje dijela poslovanja i njegovu prodaju. ...
www.grubisic-partneri.net/carve_out.html