Comcast is not finished taking itself apart. The company completed the Versant spinoff earlier this year, separating cable networks such as CNBC, MSNBC, USA Network, E!, Syfy, Oxygen, Golf Channel, Fandango, Rotten Tomatoes and related assets into a standalone public company. Now Comcast is going bigger. Comcast announced plans to separate NBCUniversal and Sky into a new publicly… Read More »
Update — June 29: Honeywell Aerospace has begun regular-way trading on Nasdaq under HONA after the completion of the Honeywell Aerospace spinoff. Honeywell Technologies continues under HON following the planned 1-for-2 reverse split. HONA is joining the S&P 500 and S&P 100, while Honeywell Technologies remains in the Dow Jones Industrial Average and the S&P 500. Honeywell Aerospace… Read More »
Not every announced spinoff reaches the finish line as a clean distribution. Some get paused or cancelled. Some get sold. Some turn into an IPO, a private-equity investment, and a much longer wait. This week’s roundup is about those almost-spinoffs: deals that are still worth watching, even if the original plan has changed. Kraft Heinz Puts The Breakup… Read More »
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 »