The hive-off or demerger of business units is a strategic corporate restructuring process where a company separates and operates specific business segments as distinct entities. This can be done to optimize operations, focus on core businesses, or facilitate the sale of non-core assets. It involves a careful evaluation of the assets, liabilities, and workforce associated with the units being demerged. The process often requires legal and regulatory approvals and necessitates a clear demerger plan outlining the distribution of assets and liabilities among the resulting entities. Effective communication with stakeholders, including employees, shareholders, and regulatory authorities, is vital to ensure a smooth transition and compliance with applicable laws. Properly executed, a hive-off or demerger can unlock value and streamline a company’s operations.