Tag: Spin-offs
Comcast SpinCo chooses corporate name Versant
Comcast's spinoff of the majority of its NBCUniversal cable network portfolio will be named Versant, the company said Tuesday, ending a monthslong pro [...]
Pfizer (PFE) earnings Q2 2024
Kena Betancur | Corbis News | Getty ImagesPfizer on Tuesday reported second-quarter revenue and adjusted earnings that blew past expectations and rais [...]
Pfizer (PFE) earnings Q1 2024
Jakub Porzycki | Nurphoto | Getty ImagesPfizer on Wednesday reported first-quarter revenue that beat expectations and hiked its full-year profit outlo [...]
3G Capital quietly exited its Kraft Heinz investment last year
Brazilian private equity firm 3G Capital quietly sold off its 16.1% stake in Kraft Heinz in the fourth quarter, nearly nine years after masterminding [...]
Pfizer (PFE) Q3 earnings report 2023
CFOTO | Future Publishing | Getty ImagesPfizer on Tuesday reported a narrower-than-expected adjusted loss for the third quarter as the drugmaker recor [...]
Kraft Heinz picks new CEO Carlos Abrams-Rivera to replace Miguel Patricio
Heinz Kraft products arranged at a Stop and Shop store in Dobbs Ferry, New York, US, on Tuesday, July 25, 2023.Tiffany Hagler-Geard | Bloomberg | Gett [...]
Kraft Heinz launches Maxwell House instant iced latte with foam
Maxwell House's new Iced Latte with FoamSource: Kraft HeinzAt 131 years old, Maxwell House is no spring chicken, and most of its loyal drinkers aren't [...]
J&J to reduce Kenvue stake by 80% through stock exchange offer
Kenvue, a unit of Johnson & Johnson's consumer health business.CFOTO | Future Publishing | Getty ImagesJohnson & Johnson on Monday said it pla [...]
J&J investors can soon swap shares for Kenvue stock
Thibaut Mongon, CEO and Paul Ruh CFO of Kenvue Inc. a Johnson & Johnson's consumer-health business, pose together during the company's IPO at the [...]
Pfizer to raise $31 billion for Seagen deal in debt offering
A logo for Pfizer is displayed on a monitor on the floor at the New York Stock Exchange, July 29, 2019.Brendan McDermid | ReutersPfizer plans to raise [...]
J&J consumer health unit valued at $40 billion for IPO
Johnson & Johnson logoSOPA Images | LightRocket | Getty ImagesJohnson & Johnson's consumer health business is valued at $40 billion ahead of i [...]
MSG Entertainment explores possible spinoff that would include NY arena
Fans arrive to Madison Square Garden before the game between the Golden State Warriors and New York Knicks on February 23, 2021 in New York City.John [...]
3M will spin off its health care business into a new public company
3M announced Tuesday that it will spin off its health care business into a separate publicly traded company.The new business will focus on wound and o [...]
Why Ford’s big EV split decision may get even bigger in the future
Attendees look at the all-electric Ford F-150 Lightning pickup truck at the Washington Auto Show in Washington on Tuesday, January 25, 2022.Bill Clark [...]
Victoria’s Secret reportedly borrows $500 million to finance break up from Bathtub & Physique Works
Pedestrians stroll previous a Bathtub & Physique Works retailer.Craig Warga | Bloomberg | Getty PicturesLingerie retailer Victoria's Secret is [...]