Search results
Results from the WOW.Com Content Network
Spin-off entity Transaction value (in billions USD) Inflation adjusted (in billions 2022 USD) Ref 1 2024 General Electric Company: GE Aerospace, GE Vernova, GE Healthcare: 191 191 [1] 2 2008 Altria Group: Philip Morris International: 108 141 [2] [3] 3 2000 BCE: Nortel: 60 97 [3] 4 2013 Abbott Laboratories: AbbVie: 56 67 [3] 5 2015 eBay: PayPal ...
The United States Securities and Exchange Commission's (SEC) definition of "spin-off" is more precise. Spin-offs occur when the equity owners of the parent company receive equity stakes in the newly spun off company. [6] For example, when Agilent Technologies was spun off from Hewlett-Packard (HP) in 1999, the stockholders of HP received ...
Pages in category "Corporate spin-offs" The following 200 pages are in this category, out of approximately 317 total. This list may not reflect recent changes .
In the last several years, major American companies like J&J, Kellogg and General Electric announced company break-ups and spin-offs, signaling a preference for smaller, more nimble companies over ...
Equity carve-out (ECO), also known as a split-off IPO or a partial spin-off, is a type of corporate reorganization, in which a company creates a new subsidiary and subsequently IPOs it, while retaining management control. [1] [2] Only part of the shares are offered to the public, so the parent company retains an equity stake in the subsidiary ...
Comcast is expected to announce a plan Wednesday to spin off its cable networks into a separate company, two people familiar with the matter told NBC News. ... 800-290-4726 more ways to reach us ...
In 2014, Liberty Media spun off TruePosition and its holdings in Charter Communications into a new company, Liberty Broadband. [60] In late 2016, Liberty Media agreed to buy the Formula One Group for US$4.4 billion (£3.3 billion). [61] The deal was finalized in January 2017 for a total of US$4.6 billion (£3.44 billion). [62]
A classic example is Kraft breaking itself in two via a spin-off after it acquired Cadbury. The idea was to break off the slow-growing U.S. business from the faster growing international and snack ...