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 »
So my editor put the assignment on my desk- write about Aptiv(APTV)’s announcement of its plan to spin off its Electrical Distribution Systems business. It seemed boring and straightforward enough. Nothing was ringing a bell and I started to doze off at the thought of Electrical Distribution Systems. Based in SCHAFFHAUSEN, Switzerland- is that even a real place?… Read More »
Delphi Automotive (DLPH) announced it was spinning off its powertrain segment back in May in order to better highlight its burgeoning electronics business. Now the two ‘new’ companies have names and oh boy, they’re ‘good’ ones. Lets start with the electronics business will be called Aptiv and will trade under the ticker ‘APTV’. No, no one is being… Read More »