Honeywell (HON) has officially cleared the final hurdle for its spinoff of Solstice Advanced Materials. The company’s board of directors gave its approval last week, confirming that the separation will proceed as planned on October 30, 2025, with shares to begin regular-way trading under the ticker SOLS on the Nasdaq. As we previously covered here, this marks… Read More »
CSL Limited (CSLLY), Australia’s biotech and plasma-therapeutics giant, will spin off its vaccine division, CSL Seqirus, into a separately listed entity by mid-2026. The move comes alongside a sweeping restructuring that includes job cuts, a multibillion-dollar charge, and a substantial share buyback. Seqirus Spinoff Details CSL said it plans to complete the Seqirus spinoff by June 2026, with… Read More »
DePuy Synthes Spinoff Johnson & Johnson (JNJ) is slimming down again by getting back on the spinoff treadmill. The company announced last week that it plans to separate its orthopaedics division into a standalone company under the revived name DePuy Synthes, according to its press release. Unlike many spinoff announcements, the DePuy Synthes spinoff comes as a surprise,… Read More »
The Magnum Ice Cream Company Spinoff Delayed Unilever(UL) shareholders can’t have their ice cream if Congress doesn’t eat its vegetables. Unilever’s The Magnum Ice Cream Company spinoff, previously scheduled for November 10, has been delayed as the SEC is unable to declare the registration effective due to the ongoing government shutdown. In a statement, Unilever said that it… Read More »
thyssenkrupp AG(TKAMY) has completed the spinoff of its naval shipbuilding division, thyssenkrupp Marine Systems, now trading independently as TKMS. Shares began trading today, October 20, 2025, on the Frankfurt Stock Exchange under the ticker TKMS, marking the latest chapter in thyssenkrupp’s multi-year effort to simplify its structure and surface value through targeted spinoffs. This is, we believe, the… Read More »
Another week, another mix of spinoffs, near-spinoffs, and spin-offs-that-weren’t. Here’s what caught our eye this week. ABB’s Robot Spinoff Becomes a $38 Billion Sale to SoftBank ABB Ltd.(ABBNY) had been widely expected to spin off its robotics division — a move long anticipated by investors as the final step in ABB’s multi-year simplification effort. Instead, the Swiss industrial… Read More »
As we have discussed previously, DuPont(DD) has had more spins than a washing machine. Several weeks ago, DuPont set the record date for its Qnity spinoff, but final Board approval and some important details were lacking. Now, the Board has approved the Qnity spinoff and remaining details are out. As we reported earlier, the record date for the… Read More »
Great Pacific Gold (GPGCF) plans to spin out its Walhalla Gold Project via a 1:1 distribution to shareholders. The company set a special meeting for November 27, 2025 to approve the transaction, with a shareholder record date expected around October 20, 2025, per the company’s updates on the Walhalla spinout overview page and the meeting-date announcement. Walhalla Gold… Read More »
Vivani Medical (NASDAQ: VANI) has hit an unusual snag in its planned spinoff of Cortigent, a neuromodulation subsidiary expected to trade on Nasdaq under the ticker CRGT. The company initially announced a record date of October 8, 2025, but later withdrew it on October 3, blaming delays related to the ongoing U.S. federal government shutdown. It is rare… Read More »
Another round of round the world spinoff news worth highlighting — from Germany to Canada to the auto sector. Siemens (SIEGY) Weighs Unusual Plan for Healthineers Stake Siemens AG (OTC: SIEGY) is reportedly exploring a separation of its ~71% stake in Siemens Healthineers (SHL.DE). Instead of a traditional carveout IPO or straightforward spinoff, Siemens is said to be… Read More »
Honeywell Sets Record Date and Distribution Details for Solstice Spinoff In August, we covered Honeywell’s (HON) ambitious three-way breakup plan. The restructuring will occur in two stages: first, the separation of Solstice Advanced Materials, followed next year by the split of Aerospace and Automation. Honeywell’s board has now approved the Solstice spinoff, and the key details are finally… Read More »
AnaptysBio (ANAB) announced on Monday, September 29, 2025 that it plans to spinoff its biopharma programs from its royalty and milestone assets by the end of 2026. Investors cheered the move: AnaptysBio stock is up more than 30% to around $31.75 on heavy volume. According to the press release, the transaction would create two independent companies: A royalty… Read More »
Another week, some more odds and ends. More ends than odds, as two spinoff record date announcements mean we are close to completion on a few spinoffs DuPont Announces Record Date For Qnity Spinoff As we recently wrote about, DuPont(DD) will be spinning off its Qnity Electronics business, targeting a November 1 distribution date. The tax-free spinoff will… Read More »
Kenvue (KVUE), the Johnson & Johnson(JNJ) consumer health spinoff, fell to an all-time low this week after President Trump and Health Secretary Robert F. Kennedy Jr. suggested that Tylenol use during pregnancy could cause autism. The FDA and leading medical experts immediately dismissed the claims, but the stock still tumbled more than 7% intraday before clawing back some… Read More »
It seems that every corporate giant eventually reaches the moment when slimming down looks more attractive than bulking up. S&P Global (SPGI), long one of the purest “picks-and-shovels” businesses in financial markets, has now decided its sprawling house is just a little too cluttered. The company announced in late April that it will spin off its Mobility division… Read More »