Tag #Spin-Off

Showing 1 to 12 of 17 results

welt.de

🌐 85% Global Worthiness

Sep 18, 16:19

Continental Completes Aumovio Spin-off, Shares Rise

Continental AG successfully spun off its Aumovio automotive supplier subsidiary, with Aumovio's shares debuting at €35 and Continental's shares closing at €58, resulting in a combined value exceeding the previous day's close.

Continental Completes Aumovio Spin-off, Shares Rise

Continental AG successfully spun off its Aumovio automotive supplier subsidiary, with Aumovio's shares debuting at €35 and Continental's shares closing at €58, resulting in a combined value exceeding the previous day's close.

Progress

40% Bias Score

ShareSaveArticle

Decent Work and Economic Growth

12345678

Previous 1 of 8 Next

What is the immediate market impact of Aumovio's spin-off from Continental?

Aumovio shares opened at €35, rising to €35.40, while Continental shares closed at €58.00. The combined value exceeded the previous day's closing price, indicating a positive market reception of the spin-off.

sueddeutsche.de

🌐 85% Global Worthiness

Aug 8, 22:17

TKMS to Spin Off from Thyssenkrupp, Go Public

Thyssenkrupp shareholders approved the spin-off of its marine systems division, TKMS, a leading builder of non-nuclear submarines, which will become an independent, publicly traded company with Thyssenkrupp retaining a 51% stake. The move is part of Thyssenkrupp's broader restructuring plan.

TKMS to Spin Off from Thyssenkrupp, Go Public

Thyssenkrupp shareholders approved the spin-off of its marine systems division, TKMS, a leading builder of non-nuclear submarines, which will become an independent, publicly traded company with Thyssenkrupp retaining a 51% stake. The move is part of Thyssenkrupp's broader restructuring plan.

Progress

48% Bias Score

ShareSaveArticle

Decent Work and Economic Growth

12345678

Previous 1 of 8 Next

How will the spin-off impact TKMS's future investments and market position?

The spin-off aims to enhance TKMS's growth by providing operational freedom and access to capital markets. TKMS, a global leader in non-nuclear submarines, boasts over €18 billion in orders, including the construction of the new German research vessel 'Polarstern 2'.

tr.euronews.com

🌐 60% Global Worthiness

Jun 6, 22:11

Ballerina": Ana de Armas' Action-Packed Revenge Quest

Ballerina," starring Ana de Armas as a Russian ballerina-turned-assassin seeking revenge, bridges the gap between "John Wick: Chapter 3" and "Chapter 4," featuring intense action sequences and showcasing de Armas's impressive combat skills amidst a somewhat weak plot.

Ballerina": Ana de Armas' Action-Packed Revenge Quest

Ballerina," starring Ana de Armas as a Russian ballerina-turned-assassin seeking revenge, bridges the gap between "John Wick: Chapter 3" and "Chapter 4," featuring intense action sequences and showcasing de Armas's impressive combat skills amidst a somewhat weak plot.

Progress

48% Bias Score

ShareSaveArticle

Gender Equality

12345678

Previous 1 of 8 Next

What is the central conflict driving the plot of "Ballerina," and what are its immediate consequences within the John Wick universe?

Ballerina," a John Wick spin-off starring Ana de Armas, recounts events between "John Wick: Chapter 3" and "Chapter 4," focusing on Eve Macarro's quest for revenge against her father's killers. The film features action sequences showcasing de Armas's skills, but suffers from a slow-paced first act and a weak script.

repubblica.it

🌐 75% Global Worthiness

Feb 7, 13:10

Iveco to Spin Off Defense Sector

Iveco Group announced plans to potentially spin off its defense division, Iveco Defence Vehicles (IDV), in 2025, citing differing market trends and a desire to simplify its structure, following a year where the company recorded €15.28 billion in revenue and an adjusted net income increase of €181 mi...

Iveco to Spin Off Defense Sector

Iveco Group announced plans to potentially spin off its defense division, Iveco Defence Vehicles (IDV), in 2025, citing differing market trends and a desire to simplify its structure, following a year where the company recorded €15.28 billion in revenue and an adjusted net income increase of €181 mi...

Progress

36% Bias Score

ShareSaveArticle

Decent Work and Economic Growth

12345678

Previous 1 of 8 Next

What factors are driving Iveco's consideration of this spin-off, and what are the potential consequences for Iveco and its stakeholders?

The decision reflects differing market trends in commercial vehicles and defense. Iveco's 2024 revenue was €15.28 billion, with adjusted net income up €181 million year-on-year. IDV's separation would likely involve its brands (IDV and Astra) and related activities; Leonardo's interest in the sector is well-established, adding further context to the spin-off.

forbes.com

🌐 75% Global Worthiness

Jan 23, 16:14

3M Q4 Earnings Beat Expectations, but Stock Valuation Raises Concerns

3M exceeded Q4 2024 earnings expectations, reporting adjusted EPS of $1.68 and revenue of $5.81 billion, exceeding estimates; the company's positive outlook for 2025 boosted its stock price by 4%, but concerns remain about its valuation and macroeconomic risks.

3M Q4 Earnings Beat Expectations, but Stock Valuation Raises Concerns

3M exceeded Q4 2024 earnings expectations, reporting adjusted EPS of $1.68 and revenue of $5.81 billion, exceeding estimates; the company's positive outlook for 2025 boosted its stock price by 4%, but concerns remain about its valuation and macroeconomic risks.

Progress

40% Bias Score

ShareSaveArticle

Decent Work and Economic Growth

12345678

Previous 1 of 8 Next

What were the key financial results for 3M in Q4 2024, and what was the immediate market reaction?

3M (MMM) exceeded Q4 2024 earnings expectations, reporting adjusted EPS of $1.68 versus the consensus estimate of $1.66, on revenue of $5.81 billion compared to the estimated $5.78 billion. The company's positive 2025 outlook further boosted investor confidence, resulting in a 4% stock price increase following the announcement.

cnbc.com

🌐 75% Global Worthiness

Dec 16, 13:10

Canal+ Shares Plunge 15.7% on London Debut

Shares in Canal+, spun off from Vivendi, fell 15.7% on their London debut Monday, trading at 243 pence by 10:13 a.m., while Vivendi shares rose 33.2%; the listing is seen as a boost to the UK's capital markets.

Canal+ Shares Plunge 15.7% on London Debut

Shares in Canal+, spun off from Vivendi, fell 15.7% on their London debut Monday, trading at 243 pence by 10:13 a.m., while Vivendi shares rose 33.2%; the listing is seen as a boost to the UK's capital markets.

Progress

44% Bias Score

ShareSaveArticle

Decent Work and Economic Growth

12345678

Previous 1 of 8 Next

How does Canal+'s spin-off from Vivendi relate to broader trends in corporate restructuring and market valuation?

The contrasting performance of Canal+ and Vivendi shares highlights the complexities of corporate restructuring and market valuation. Canal+'s decline may reflect investor uncertainty regarding its future prospects, particularly in the competitive sports broadcasting market. Vivendi's rise, however, demonstrates the success of its strategy to separate its assets and improve its overall market valuation.

zeit.de

🌐 85% Global Worthiness

Sep 18, 13:20

Continental Completes Aumovio Spin-off, Shares Rise

Continental AG successfully spun off its Aumovio automotive supplier subsidiary, with Aumovio shares debuting at €35 and Continental shares closing at €58, resulting in a combined value exceeding the previous day's closing price.

Continental Completes Aumovio Spin-off, Shares Rise

Continental AG successfully spun off its Aumovio automotive supplier subsidiary, with Aumovio shares debuting at €35 and Continental shares closing at €58, resulting in a combined value exceeding the previous day's closing price.

Progress

40% Bias Score

ShareSaveArticle

Decent Work and Economic Growth

12345678

Previous 1 of 8 Next

What is the immediate market impact of Aumovio's spin-off from Continental?

Aumovio shares debuted at €35, rising to €35.40, while Continental shares closed at €58.00. The combined value exceeded the previous day's closing price of €72.98, reaching €75.70. Continental shareholders received 0.5 Aumovio shares per Continental share.

theglobeandmail.com

🌐 75% Global Worthiness

Jun 12, 16:10

Telus to Reacquire Telus Digital for US\$400 Million Amidst Share Price Plunge

Telus Inc. proposed a US\$400 million-plus deal to buy back its technology outsourcing affiliate, Telus Digital, whose share price plummeted since its 2021 IPO, aiming to improve its financial standing and facilitate future spin-offs of other business units.

Telus to Reacquire Telus Digital for US\$400 Million Amidst Share Price Plunge

Telus Inc. proposed a US\$400 million-plus deal to buy back its technology outsourcing affiliate, Telus Digital, whose share price plummeted since its 2021 IPO, aiming to improve its financial standing and facilitate future spin-offs of other business units.

Progress

40% Bias Score

ShareSaveArticle

Decent Work and Economic Growth

12345678

Previous 1 of 8 Next

What is the immediate financial impact of Telus's proposed acquisition of Telus Digital, and how does it affect its debt reduction goals?

Telus Inc. is offering US\$3.40 per share to regain full control of its affiliate, Telus Digital, whose share price has fallen over 90 percent since its 2021 IPO. This represents a 15 percent premium over the pre-market share price and aims to mitigate losses from the declining subsidiary.

welt.de

🌐 85% Global Worthiness

Apr 25, 22:15

Continental Restructures, Spinning Off Underperforming Divisions

Continental, a German automotive supplier, announced a restructuring plan at its annual general meeting, spinning off its underperforming automotive supply division, Aumovio, by October 2025, and plans to divest its Contitech plastics division by 2026, leaving only its tire business; this follows ye...

Continental Restructures, Spinning Off Underperforming Divisions

Continental, a German automotive supplier, announced a restructuring plan at its annual general meeting, spinning off its underperforming automotive supply division, Aumovio, by October 2025, and plans to divest its Contitech plastics division by 2026, leaving only its tire business; this follows ye...

Progress

48% Bias Score

ShareSaveArticle

Decent Work and Economic Growth

12345678

Previous 1 of 8 Next

How will Continental's restructuring affect its employees and overall market position?

This restructuring reflects Continental's response to increasing technological demands and competition. By spinning off weaker divisions, Continental aims to create more focused, flexible entities better positioned to capitalize on market opportunities. This strategy follows a trend among large corporations to streamline operations and improve profitability.

abcnews.go.com

🌐 75% Global Worthiness

Feb 6, 16:14

Honeywell to Split into Three Independent Companies

Honeywell, a U.S. industrial conglomerate, announced it will separate into three independent companies by 2026, following pressure from Elliott Investment Management and mirroring similar restructuring by General Electric and Alcoa, to enhance agility and strategic focus.

Honeywell to Split into Three Independent Companies

Honeywell, a U.S. industrial conglomerate, announced it will separate into three independent companies by 2026, following pressure from Elliott Investment Management and mirroring similar restructuring by General Electric and Alcoa, to enhance agility and strategic focus.

Progress

40% Bias Score

ShareSaveArticle

Decent Work and Economic Growth

12345678

Previous 1 of 8 Next

How does Honeywell's restructuring compare to similar moves by other U.S. conglomerates, and what factors are driving this trend?

This restructuring reflects a broader trend among U.S. conglomerates to simplify their structures in response to shareholder demands and increased competition from more focused companies. The move aims to enhance each division's ability to adapt to market changes and provide investors with clearer visibility into each business's priorities. Honeywell's decision is a direct response to pressure from Elliott Investment Management, highlighting the growing influence of activist investors on corporate strategy.

nrc.nl

🌐 85% Global Worthiness

Jan 9, 01:10

Galapagos Restructures, Splits into Two, Cuts 300 Jobs

Galapagos, a Dutch-Belgian biotech firm facing financial struggles after setbacks in US market approvals, is splitting into two entities: one focusing on oncology cell therapy, and SpinCo, receiving \u20ac2.45 billion for acquisitions, resulting in 300 job cuts and separation from a restrictive agre...

Galapagos Restructures, Splits into Two, Cuts 300 Jobs

Galapagos, a Dutch-Belgian biotech firm facing financial struggles after setbacks in US market approvals, is splitting into two entities: one focusing on oncology cell therapy, and SpinCo, receiving \u20ac2.45 billion for acquisitions, resulting in 300 job cuts and separation from a restrictive agre...

Progress

40% Bias Score

ShareSaveArticle

Good Health and Well-being

12345678

Previous 1 of 8 Next

How does the restructuring impact Galapagos' financial standing and future strategic direction?

The restructuring aims to address Galapagos' poor performance and investor skepticism regarding its use of capital. SpinCo will use the funding for acquisitions of smaller biotech companies, while Galapagos retains \u20ac500 million for its cell therapy operations. This move also frees Galapagos from a restrictive 2019 agreement with Gilead Sciences, which limited its actions.

zeit.de

🌐 75% Global Worthiness

Dec 9, 19:09

Continental to Spin Off Automotive Division by 2025

Continental, a German automotive supplier, will spin off its underperforming automotive division by the end of 2025, involving 7,150 job cuts and €400 million in annual cost reductions, to create a "leaner" company focused on its profitable tire business.

Continental to Spin Off Automotive Division by 2025

Continental, a German automotive supplier, will spin off its underperforming automotive division by the end of 2025, involving 7,150 job cuts and €400 million in annual cost reductions, to create a "leaner" company focused on its profitable tire business.

Progress

40% Bias Score

ShareSaveArticle

Decent Work and Economic Growth

12345678

Previous 1 of 8 Next

What is the immediate impact of Continental's decision to spin off its automotive division?

Continental, a German automotive supplier, plans to spin off its struggling automotive division by the end of 2025. This division includes electronics, brakes, and interiors. The move follows years of losses and a current restructuring program cutting 7,150 jobs to reduce costs by €400 million annually.

Showing 1 to 12 of 17 results