Sodexo shareholders give green light to Pluxee spin-off
(Reuters) – Sodexo shareholders on Tuesday approved the spin-off of its voucher and benefits division Pluxee, paving the way for its listing on Euronext Paris … Read more
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Mexico’s Televisa close to launching sports and gaming spin-off
MEXICO CITY (Reuters) – Mexico’s Grupo Televisa is set to launch the spin-off of its sports, gaming and some editorial operations in February, to focus … Read more
Reliance spin-off Jio Financial valued at $20 billion, above estimates
By Chris Thomas and Sethuraman N R BENGALURU (Reuters) -Jio Financial Services (JFS) has been valued at around $20 billion after its stock price was … Read more
UBS looks to bring Naratil back and mulls Swiss bank spin-off – NZZ
ZURICH (Reuters) – As UBS’s takeover of former rival Swiss bank Credit Suisse nears completion, details are emerging of what the new merged bank will … Read more
UBS has hired JPMorgan to explore C.Suisse domestic spin-off -Swiss media
ZURICH (Reuters) – UBS has hired JPMorgan to explore a possible IPO of Credit Suisse’s domestic business, Zurich based finance blog Inside Paradeplatz reported on … Read more
Maserati aims at driving margins higher before any spin-off talk
By Giulio Piovaccari MILAN (Reuters) – Maserati aims to increase its margin on operating profit to 15% in the next 12 months and sees a … Read more
Vale CEO says iron ore miner will spin-off copper, nickel unit
LONDON (Reuters) – The chief executive of Vale SA said on Friday the Brazilian iron ore miner is reconsidering a near-term spin-off of its base … Read more
Analysis-Kroger, Albertsons spin-off is extra ammunition in regulatory battle
By Abigail Summerville and Anirban Sen NEW YORK (Reuters) – Kroger Co and Albertsons Cos Inc are willing to divest up to 650 supermarket stores … Read more
J&J names consumer health business Kenvue ahead of spin-off
(Reuters) -Johnson & Johnson named its consumer business Kenvue on Wednesday, moving ahead with its plans to spin-off the unit in what would be the … Read more
Brazil’s Natura denies plan to spin-off, sell companies
SAO PAULO (Reuters) – Brazil’s Natura & Co Holding SA said on Thursday its board is not considering a spinoff of its Aesop cosmetics brand … Read more
Analysis-Novartis CEO may struggle to rally investors to Sandoz spin-off
By Natalie Grover LONDON (Reuters) – Novartis CEO Vas Narasimhan could struggle to woo investors to the listing of generics drugs business Sandoz, as weaker … Read more
Gap CEO exit opens door for spin-off talks again
(Reuters) – The abrupt exit of Gap Inc’s chief executive on the back of falling sales and shrinking margins will likely push the struggling apparel … Read more
GSK to name consumer healthcare unit ‘Haleon’ after spin-off
– GlaxoSmithKline said on Tuesday its consumer healthcare venture with Pfizer will be named Haleon, as the British drugmaker confirmed the business will be spun … Read more