Sascha Schuermann/Getty Images News Baxter International (NYSE:BAX) rose 4% after a report that private equity firm Carlyle Group (CG) is in talks to acquire the kidney care spinoff for more than $4 billion, including debt. The parties entered into talks about the Vantive unit late last month, according to aContinue Reading
Drew Angerer/Getty Images News Liberty Global (NASDAQ:LBTYA) has evaluated selling a stake in Swiss telecom operator Sunrise ahead of a planned spin-off later this year. Conversations have occurred with investors including the Swiss family office on the topic, according to a Reuters report on Friday, which cited people familiar withContinue Reading
Sundry Photography/iStock Editorial via Getty Images Western Digital Corporation (NASDAQ:WDC) was added to Wells Fargo’s Q3 2024 Tactical Ideas list on Monday as the data storage company prepares to separate its HDD and Flash businesses into two publicly traded businesses. “WD is on track toward the separation of the FlashContinue Reading
Panama7/iStock Editorial via Getty Images Sanofi (NASDAQ:SNY) has sought initial bids for its $20B consumer healthcare spinoff as the French drugmaker moves forward with its divestment plans, which include a potential public listing, Bloomberg News reported Tuesday, citing people familiar with the matter. According to the people, the Paris-based pharmaContinue Reading
JHVEPhoto/iStock Editorial via Getty Images GRAIL (GRAL) will begin trading on the Nasdaq as a publicly-listed independent company on Tuesday, after Illumina (NASDAQ:ILMN) completed the spinoff of the cancer test developer following regulatory pressure. It will be listed and begin regular trading on the Nasdaq under the symbol “GRAL” asContinue Reading
