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Corporate spin-offs

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  • Tuesday, 21 February, 2023
    News Corp
    News Corp says deal to sell real estate asset has fallen apart

    Rupert Murdoch’s company had been in talks to sell to rival CoStar in a deal valued in the ‘low billions’ of dollars

  • Thursday, 8 September, 2022
    Accounting & Consulting services
    EY bosses approve radical break-up of Big Four firm

    Partners will now vote on proposal to split audit from advisory business

  • Thursday, 8 September, 2022
    Melrose Industries PLC
    Melrose to spin off auto business in GKN break-up

    Demerged company will aim to start trading next year as it splits from aerospace business

  • Thursday, 25 August, 2022
    Novartis AG
    Novartis to spin off generic drugs unit Sandoz

    Swiss group takes bold step to focus on faster-growing and higher-margin medicines

  • Monday, 15 August, 2022
    LexM&G Investments PLC
    M&G: new chief may yield value at lower risk than a break-up Premium content

    Investors should wait for results of leadership change before pursuing a further demerger

  • Sunday, 14 August, 2022
    M&G Investments PLC
    City of London institution M&G looks ripe for a break-up

    Three years after group’s demerger from Prudential, critics say structure does not work

  • Tuesday, 26 July, 2022
    3M Co
    3M earplugs unit files for bankruptcy amid lawsuits from military veterans

    US conglomerate known for Post-it notes and face masks will also spin off healthcare unit

  • Monday, 18 July, 2022
    Haleon
    Debut of GSK consumer-health spin-off Haleon disappoints

    Investors cool on biggest London listing since Glencore in 2011 on worries about inflation and consumer confidence

  • Wednesday, 6 July, 2022
    GSK PLC
    GSK investor support for spin-off vindicates rejection of Unilever bid, says chief

    Vote to separate consumer healthcare paves way for London’s largest stock market listing in a decade

  • Tuesday, 21 June, 2022
    Kellogg Co
    Kellogg’s to split into three separate food businesses

    Chief says US group studied past break-ups in its own industry and by other companies such as GE

  • Thursday, 9 June, 2022
    Eni SpA
    Eni presses ahead with Milan listing of retail and renewables arm

    Spin-off is biggest structural move by oil and gas major in response to pressure to cut emissions

  • Wednesday, 1 June, 2022
    Pharmaceuticals sector
    Pfizer to exit GSK consumer health joint venture after London listing

    US pharma group to sell down stake in Haleon business after July IPO

  • Wednesday, 1 June, 2022
    LexGSK PLC
    GSK: consumer demerger is the right prescription for UK drugs giant Premium content

    Spinning off the business will make more bolt-on deals possible

  • Thursday, 12 May, 2022
    Brookfield Asset Management Inc
    Brookfield pushes ahead with asset management business spin-off

    Toronto-based group to sell quarter of unit by year-end in one of biggest Wall Street listings of year

  • Thursday, 17 March, 2022
    LexThyssenkrupp AG
    Thyssenkrupp: steeled for more challenges on the way to standalone unit Premium content

    Higher prices should burnish the proposed steel spin-off

  • Tuesday, 15 March, 2022
    LexSolvay SA
    Solvay: chemicals company break-up should lift valuation Premium content

    Belgian group seeks to unlock conglomerate discount and add fizz to lagging shares

  • Tuesday, 22 February, 2022
    News in-depthBrookfield Asset Management Inc
    Brookfield weighs the value of a new pillar in its complex structure

    Canada-based $690bn investment group explores fee-based business spin-off to win over Wall Street

  • Monday, 14 February, 2022
    Glencore
    Activist investor sets out plan for Glencore coal demerger

    Bluebell Capital Partners says miner should use dual class share structure for spin-off

  • Thursday, 10 February, 2022
    Brookfield Asset Management Inc
    Brookfield considers spinning off its asset management business

    Unit could be valued at more than $75bn in one of biggest ever Wall Street listings

  • Friday, 31 December, 2021
    Japanese business & finance
    Mitsubishi Heavy chief eyes overhaul amid wave of corporate split-ups

    Falling share price piles pressure on Japanese industrial conglomerate to shed non-core divisions

  • Tuesday, 21 December, 2021
    News in-depthGSK PLC
    GSK confident independence best treatment for consumer health unit

    Business aims to leverage its pharma credentials while appealing to a wider pool of investors

  • Tuesday, 30 November, 2021
    Glencore
    Activist calls on Glencore to spin off coal assets

    Bluebell Capital says group’s current strategy is ‘morally unacceptable and financially flawed’

  • Tuesday, 23 November, 2021
    Electric vehicles
    Truck electric drive held back by lack of chargers, says Iveco boss

    Industry could move to zero emission ‘by 2030 or 35’ if infrastructure in place

  • Friday, 19 November, 2021
    LexMacy's Inc
    Macy’s: break-up is a trend best avoided Premium content

    The role the department store’s physical footprint plays in driving online sales should not be overlooked

  • Friday, 19 November, 2021
    News in-depthJohnson & Johnson Co Inc
    Johnson & Johnson touts ‘golden moment’ to pursue pharma-led future

    Plan to spin off consumer division has failed to thrill investors

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