(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 on Feb. 1. French food …
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 in its core business, documents …
-
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 set at a much higher-than-expected …
-
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 look like. UBS is working …
-
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 Thursday. Last month UBS agreed …
-
By Giulio Piovaccari MILAN (Reuters) – Maserati aims to increase its margin on operating profit to 15% in the next 12 months and sees a longer term target of 20% …
-
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 metals business and an eventual …
-
By Abigail Summerville and Anirban Sen NEW YORK (Reuters) – Kroger Co and Albertsons Cos Inc are willing to divest up to 650 supermarket stores to secure regulatory clearance for …
-
(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 biggest shake-up in the healthcare …
-
SAO PAULO (Reuters) – Brazil’s Natura & Co Holding SA said on Thursday its board is not considering a spinoff of its Aesop cosmetics brand or the sale of Body …
-
By Natalie Grover LONDON (Reuters) – Novartis CEO Vas Narasimhan could struggle to woo investors to the listing of generics drugs business Sandoz, as weaker drug prices and jittery financial …
-
(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 retailer to sell one or …
-
– GlaxoSmithKline said on Tuesday its consumer healthcare venture with Pfizer will be named Haleon, as the British drugmaker confirmed the business will be spun off in mid-2022 as planned …
-
– ODP Corp said on Friday it had decided to delay its previously announced plans to split into two public companies to mull over sale offers for its consumer business, …
-
LONDON -GlaxoSmithKline on Monday named former Tesco CEO Dave Lewis as non-executive chair designate of a new Consumer Healthcare company to be created from a proposed demerger from GSK in …
-
By Victoria Waldersee FRANKFURT – Spinning off Daimler Truck has already proven a solid move to unlock value for Daimler AG shareholders, CEO Ola Kaellenius said on Friday, with the …
-
BERLIN – Thyssenkrupp Chief Executive Martina Merz wants to get the group’s shareholders to vote on a spin-off of the steel division at its annual general meeting in February 2023, …