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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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