Middleby has spent years looking like a company that made more sense in pieces. Commercial kitchen equipment was one piece. Food Processing was another. Residential Kitchen was another still. They kind of looked similar, but, are, in fact, very different businesses. It’s not really surprising than that Middleby has chosen to split them up. Middleby has already moved… Read More »
S&P Global’s Mobility Global spinoff is now set and in the final stretch before execution. The distribution date is July 1, 2026. That is when S&P Global expects to complete the distribution of Mobility Global shares to shareholders. Holders of S&P Global common stock as of the June 15, 2026 record date are expected to receive one share… Read More »
Every schoolchild is aware of the dangers of mixing water and electricity. Perhaps with this in mind, Pentair(PNR) will be spinning off its Electric division and retaining its Flow Control division. As every spinoff needs a gut-wrenchingly bad name with an even worse explanation of its meaning, the new company will be known as nVent Electric. Why? Beth… Read More »