Tag Archives: Coty stock

Sunday Spinoff Odds & Ends: ABB’s Robot Reversal, Coty Weighs Spinoff, Comcast’s Versant Loan

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 »

Will Nelson Peltz’s Procter & Gamble(PG) Stake Lead To Spinoffs?

Nelson Peltz is legendary for successfully pushing for structural change at large companies.  This has often resulted in spinoffs of disparate divisions. Last week, Peltz’s investment vehicle, Trian Fund Management, disclosed a $3.5 billion stake in Procter & Gamble(PG). Peltz steps into the shoes of Bill Ackman, who several years ago took an activist position in P&G, only… Read More »