GlaxoSmithKline (GSK) shares rose after the drug titan said it would spin off its consumer division and likely slash its dividend 31%. The company unveiled the news at an investor updat...
Chinese tech firm JD.com has filed to list its supply chain unit, JD Logistics, on the Hong Kong Stock Exchange. Its initial public offering could raise $5 billion, shooting the company’s valuation ...
IAC/InterActiveCorp announced December that its Board of Directors had approved the plan to spin off its stake in video software company Vimeo.Vimeo is a cloud-based video platform that provides a one...
AT&T has reportedly signed a deal with private equity firm TPG to spin off its DirectTV, AT&T TV, and U-Verse units, according to a Securities and Exchange filing on Thursday.According to the ...
Volkswagen AG plans to spinoff its Porches sports-car unit, a move that could boost its valuation and bring generate huge cash for the company, according to sources familiar with the matter.The automa...
German sportswear company Adidas has unveiled its plans to sell the Reebok brand to help the company step up its competition in the American market. Adidas said further details of its new five-year st...
Pharmaceutical company Perrigo (PRGO) in 2018 announced its plans to spin off its prescription business.In 2013, Perrigo acquired Elan Corporation for $8.6 billion, after the company completed its spi...
As you all know, Spinoff stocks sometimes provide value for those who are able to pick out the right spinoff to invest in. In cases likes this, to win, you must find a Spinoff situation that wil...
Siemens expects its spin-off Siemens Energy to reach a market value of above 17 billion Euros ($19.98 billion) when it hits the Frankfurt stock exchange, a source familiar with the matter said.Accordi...
During Wednesday trading, shares of Aker Carbon Capture (ACC-ME.OL) and Aker Offshore Wind (AOW-ME.OL) surged on their stock market debut in Oslo. The surge led to a boost in the Aker conglomerate spi...