the market NZZ - Spinoff – What does the spinoff of parts of the company bring to the shareholders?
Apr 19, 2023
From General Electric and 3M to Novartis and ABB to Alibaba and Vale: The trend is towards outsourcing of corporate divisions. The Market shows how the transactions affect the stock price and provides three examples.
So it’s no wonder spin-off announcements are piling up at the moment. “This has to do with the fact that the appetite for regular public openings has collapsed in the difficult stock market environment,” says Jim Osman of The Edge, an investment advisor focused on special situations.
“”Any company that wants to sell part of its shares with an IPO faces significant difficulties because investors do not want to pay a premium at the moment, as is the case in a bull market,” he adds.
Please note that this article is in German only.