Bussiness

TC Energy Plans to Spin Off Liquids Pipelines Business

Posted by July 27, 2023

By Stephen Nakrosis TC Energy plans to spin off its liquids pipeline business into a separately traded, investment-grade company, the company said

Read More

Alibaba’s Zhang to step down as CEO, chairman amid business…

Posted by June 20, 2023

Alibaba Group Holding Ltd. is shaking up its leadership, with Daniel Zhang planning to step down from his roles as both chairman and chie

Read More

Kelso Raises THG Stake, Calls for Nutrition-Business Spinoff in Absence…

Posted by April 21, 2023

By Michael Susin Kelso Group Holdings PLC on Friday called for a separation of THG PLC's nutrition business if no offer for the whole company was f

Read More

Teck Resources Considers Spinoff of Steelmaking Coal Business

Posted by February 16, 2023

By Robb M. Stewart Teck Resources Ltd. is considering a possible spinoff of its steelmaking coal business, which would refocus the Canadian mining

Read More

Telekom Austria’s Top Shareholders Agree to Spin off Mobile-Towers Business

Posted by February 7, 2023

By Ed Frankl Telekom Austria AG said late Monday that its main shareholders have agreed to support a spin off of its mobile-towers business. The Au

Read More

Xylem Is a Water Stock to Buy Now

Posted by February 1, 2023

The market hasn’t been a fan

Read More

Breakup of Google’s Ad Business Would Reshape $500 Billion Sector

Posted by January 29, 2023

Google spent the better part of two decades building the world’s most powerful digital advertising machine. Breaking it up would send shock waves through the

Read More

General Electric Set to Spin Off Health Unit—Putting Focus Back…

Posted by January 2, 2023

General Electric Co. will start 2023 by splitting off its healthcare unit, completing a key step in the slow-motion breakup of the industrial giant.

Read More