Keyword: spinoff

News

Ecolab Separates Oil-drilling Chemicals Business

06.02.2019 - Ecolab has announced its intention to spin off its upstream energy businesses into a standalone, public company. The businesses, which have annual sales of around $2.4 billion...

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DowDuPont Delays Split, Plans Share Buyback

06.11.2017 - As part of its first financial report, the chemical industry’s newest giant, the merged DowDuPont, has announced it has rolled back its timetable for splitting into three...

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AkzoNobel Rejects PPG Bid, Eyes Spin-off

10.03.2017 - All in one day, Dutch coatings specialist AkzoNobel revealed on Mar. 9 that it had received an unsolicited takeover offer from US rival PPG and was looking at spinning off its...

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Ashland to Spin off Valvoline to Shareholders

29.09.2015 - US chemical producer Ashland has announced it will spin off its engine lubricants subsidiary Valvoline in a tax-free transaction to shareholders. The separation is expected to take...

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Bayer Still Eyeing IPO for MaterialScience

01.06.2015 - An initial public offering of the Bayer MaterialScience (BMS) is the most likely option for the Bayer group to separate out the plastics subgroup as it hasn't received any...

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Astra Tech: AstraZeneca Confirms Considering Spin-Off

22.11.2010 - AstraZeneca confirmed on Friday it was considering spinning off its Astra Tech dental implants and medical devices business and had hired JP Morgan Chase to help with a strategic...