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    Corporate spin-offs

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    • Wednesday, 7 June, 2023
      Sequoia Capital
      US venture capital giant Sequoia to split off China business

      Group plans to break up into three entities following Beijing’s campaign to rein in country’s largest tech companies

    • Wednesday, 31 May, 2023
      News in-depthHSBC Holdings PLC
      How HSBC’s China battle threatens to ‘heat right back up’

      Ping An’s next steps after losing a vote promise to shed light on its motivations

    • Thursday, 18 May, 2023
      Sony Corp
      Sony considers partial spin-off and listing of financial services unit

      Shares of Japanese conglomerate rise 6% as investors welcome idea

    • Monday, 10 April, 2023
      Teck Resources
      Teck Resources chief declares Glencore bid a ‘non-starter’

      Shareholders urged to vote for separation plan for Canadian mining group

    • 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

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