spin-off

10 articles
BenzingaBenzinga··Vandana Singh

Big Pharma Circles Inhibrx Cancer Assets in $9B Spin-Off Deal

Inhibrx is fielding takeover interest from major pharma for cancer drug INBRX-106 in potential $9B spin-off; stock surges 39.86%.
JNJMRKPFELLYSNY+2biotechclinical trials
BenzingaBenzinga··Lekha Gupta

Honeywell Sells $1.4B Productivity Unit to Brady, Reshaping Pre-Spinoff Portfolio

Honeywell sells $1.4B Productivity unit to Brady Corporation, advancing portfolio simplification ahead of Q3 2026 Aerospace spin-off.
BRCHONspin-offdivestiture
GlobeNewswire Inc.GlobeNewswire Inc.··Na

Keurig Dr Pepper Completes JDE Peet's Acquisition, Plans Coffee Giant Spinoff

KDP completes JDE Peet's acquisition with 96.22% stake; plans separation into North American beverage and global coffee companies led by Rafael Oliveira.
KDPJDEPYacquisitionspin-off
GlobeNewswire Inc.GlobeNewswire Inc.··Nicholas Luksha

Mustang Energy Completes Uranium Asset Spinoff, Allied Strategic Launches on CSE

Mustang Energy spins off uranium assets into Allied Strategic Resource Corp., which receives conditional CSE approval under ticker 'ASR'. Shareholders receive new shares in both entities.
MECPFspin-offSaskatchewan
BenzingaBenzinga··Hexagon Ab

Octave Plots Independent Future With $1.6B Revenue Spin-Off From Hexagon

Enterprise software firm Octave, valued at $1.6B revenue, advances toward May 2026 spin-off from Hexagon with ambitious growth targets of 6-8% ARR expansion.
HXGBYOSGARR growthenterprise software
BenzingaBenzinga··Lekha Gupta

Honeywell Lands $500M Pentagon Deal as Aerospace Spin-Off Advances

Honeywell secures $500M DoD contract for aerospace-defense capacity upgrades while progressing standalone aerospace unit spin-off, targeting Q3 2026 Nasdaq debut.
HONPPANATOaerospace and defensespin-off
BenzingaBenzinga··Vandana Singh

Unilever Eyes Historic Breakup: McCormick Deal Could Reshape Consumer Giants

Unilever explores potential all-stock Foods spin-off to McCormick, shifting focus to higher-margin beauty and personal care segments in transformative restructuring.
ULMKCMKC.Vspin-offM&A
BenzingaBenzinga··Akanksha Bakshi

Honeywell's Aerospace Unit Files for Independence, Targeting 2026 Nasdaq Listing

Honeywell files to spin off aerospace unit as independent Nasdaq-listed company ($HONA) in Q3 2026, with $17.4B revenue and $4.3B EBIT.
HONaerospace and defensecapital allocation
BenzingaBenzinga··Globe Newswire

TMTG Explores Truth Social Spin-Off Following TAE Merger Agreement

TMTG explores spinning off Truth Social into separate publicly-traded entity following proposed merger with TAE Technologies. Deal remains preliminary with no guarantee of completion.
DJTDJTWWTVATVACUTVACWshareholder valuespin-off
Investing.comInvesting.com··Jeffrey Neal Johnson

Genuine Parts to Split NAPA Auto and Motion Industrial Units

Genuine Parts to split NAPA auto and Motion Industrial into separate publicly traded companies within 12 months, aiming to unlock shareholder value through focused strategies.
GPCGWWFASTORLYspin-offdividend yield