Building a Case for Macy’s and Just Eat Takeaway’s Spinoffs
Macy’s e-commerce unit could fetch a handsome valuation as a standalone, and poorly performing Grubhub is dragging down JET's stock price.
Five Accounting and Reporting Considerations Before Reopening
Companies must now adjust to a yet-evolving new normal.
10 Key Principles for Effective Capital Deployment: Part 2
Acquire carefully, beware of leverage, have rules-based buyback processes, don’t bank on dividends, and realize that value creation is hard work.
Share Prices Plummet Following Divestitures in 2019
Almost two-thirds of companies are seeing their stock prices underperform industry benchmarks, with the average underperformance at 7%.
The Link Between Divestitures and Share-Price Malaise
An extensive study counterintuitively reveals that a majority of divestitures are accompanied by lagging stock performance for the divesting firm.
Newell Continues ‘Accelerated Transformation’
The struggling consumer products firm agrees to sell its Pure Fishing and Jostens units as part of its turnaround effort.
Valeant Sells Dendreon, Other Assets for $2B
The sales of Dendreon and three skincare brands will help the troubled drug maker to reduce its $30 billion debt burden.
Total Sells Chemical Unit to Carlyle for $3.2B
The French energy group is seeking to shed $10 billion in assets by the end of 2017 as it responds to low oil prices.
Devon Energy to Sell $1B in Upstream Assets
The divestitures are part of the energy producer's program to sell from $2 billion to $3 billion in assets this year.
Twice as Many Firms Plan Asset Sales in 2016
Divestments are being used mostly to grow core businesses and invest in new products, an EY study finds.
Halliburton Pushing to Keep Baker-Hughes Deal Alive
The oilfield services supplier has taken another step to ease the concerns of regulators who fear the merger would be anticompetitive.