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Does the parent record anything when the subsidiary engages in an equity carve-out transaction?

Does the parent record anything when the subsidiary engages in an equity carve-out transaction?

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Answer #1
If in cave out transaction, parent company regains control, then no gain or loss is recognized.
The difference between cash received from issuing shares and an increase in non-controlling interest account is recognized as additional paid-in capital account.
If in cave out transaction, parent company loses control, then gain or loss from is recognized.

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