As InterActiveCorp (IAC) recently finalized the distribution of its majority stake in Match.com to shareholders, its shares were trading lower on Monday, following the first earnings report. IAC is...
The Canada-based drugmaker Bausch Companies Inc (BHC). announced on Thursday that it plans to spin off its eye care business, Bausch + Lomb, into an independent publicly listed company. Following the ...
The Boston-based biotech firm, Cerevel Therapeutics, which spun out of Pfizer in 2018 has announced that it will go into a merger with another company, and also go public.The merger deal was announced...
One of the world’s leading firearms and accessories provider, Smith & Wesson announced on Friday that its board of directors had approved the spinoff of its outdoor products and accessories busi...
Mexico City-based Alfa (ALFAA.MX) announced on Friday that will spin off the remaining of its 75% stake in Nemak (NEMAKA.MX), which caused the company's stock to surge 17%. Stakeholders are currently ...
General Motors (GM) Chief Executive Mary Barra said on Wednesday that “nothing is off the table” when it comes to maximizing the automaker’s electric efforts which includes a possible spinoff of...
Tim Bray, Amazon's former Vice President who suddenly resigned in May is calling on the company to spin-off its cloud-computing business Amazon Web Services. According to Bray, spinning off Amazon Web...
On Sunday, SAP announced that it is planning to spinoff Qualtrics just twenty months after acquiring the company for $8 billion in 2018. However, the company revealed that it will remain the maj...
In November 2019, US-based solar power company, SunPower announced that it would split both of its publicly traded companies. The solar power firm announced that it would separate most of its solar pa...
The pandemic events of this year came as a shock to many businesses, causing their expectations for 2020 to take a different turn entirely. After a successful stock spinoff, Kontoor Brands expected to...