Keyword: spin-offs

News

DowDuPont Wins Conditional Approval in Brazil

19.05.2017 - The board of Brazilian competition authority Administrative Council for Economic Defense (CADE) has approved the planned $130 million merger of US chemical giants Dow Chemical and...

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DSM Composites Resins to Trade as Aliancys

13.11.2015 - DSM Composite Resins will begin trading under a new name, Aliancys, from Jan. 1, 2016. The company will retain its management and headquarters at Schauffhausen, Switzerland, but...

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Pfizer to Spin Off Zoetis Stake to Shareholders

23.05.2013 - Pfizer said on Wednesday it will spin off its majority stake in animal health business Zoetis to shareholders by allowing them to swap Pfizer stock for Zoetis shares at a 7%...

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Drug Industry CEOs Plotting More Carve-outs

07.05.2013 - A new generation of drug industry chief executives is stepping up plans to restructure their businesses by divesting slower-growing and maturing operations, opening up new...

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Zoetis IPO Prices at $26; Largest US Deal Since Facebook

01.02.2013 - Pfizer's animal health subsidiary Zoetis raised $2.2 billion in its public offering on Thursday, becoming the largest IPO from a U.S. company since Facebook. Madison, New Jersey...

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Agrium Refuses Investor Demand to Spin Off Retail

14.08.2012 - Canadian fertilizer company Agrium said on Tuesday it would not take the "substantial risk" of spinning off its retail operations, as the company sought to fend off pressure from...