spin-off

4 articles
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