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...EY piled more than $700mn of extra debt on to its global operating business to deal with the costs of the failed plan to spin off its consulting arm, according to newly filed accounts....
Private equity-backed business hit by rise in staff and financing costs
...EY, which pursued its own plan to spin off its consulting arm, feared ceding a first-mover advantage to PwC....
...GE and 3M completed spin-offs of non-core units this week, marking the end of an era for two conglomerates that were once among the most overt representations of US corporate might. 3M on Monday completed...
...At the valuation multiples of its US peers, this spin-off could be worth up to $35bn....
...But The Smile, a spin-off project featuring Radiohead’s singer Thom Yorke and lead guitarist Jonny Greenwood, do....
...Now, five years on, Netflix have gone one further, offering the mockney maestro the chance to develop an entire spin-off series with the same name....
Blair Nimmo to leave as company losses widen since its sale by the Big Four firm
...On Wednesday, the BBC said it would spin-off several new stations as part of an overhaul of radio strategy....
...“Decarbonisation and M&A” would also drive growth at the Swiss-based business after the spin-off, the company said....
...Shares in Alibaba tumbled after the company announced it had cancelled plans to spin off its cloud computing unit and paused a push to list its grocery chain....
...French pharmaceuticals company Sanofi is exploring options to spin out and list its consumer care division as an independent company as early as the end of next year, most likely through a listing in Paris...
...A spin-off might make sense. On 30 per cent profit margins and a 20 times forward multiple — a discount to data group LSEG — Parameta would be worth about £1.2bn, versus £1.7bn for the group....
...Guido has been president of the storied Bay Area franchise since 2016, during which time the team has transformed on and off the field....
...Boeing had hoped the spin-off would lead to lower procurement costs and help it shed unionised workers but Spirit has suffered from lopsided contracts with its former owner and main customer, as well as...
Chief of Google’s AI unit and Isomorphic Labs spells out targets following $3bn Eli Lilly-Novartis partnerships
...Holcim announced over the weekend that it plans to completely spin off its North American business with an eye to listing it publicly in the US by the first half of next year....
...GSK spun off the consumer health joint venture with Pfizer last year, planning to use the proceeds to fuel its own dealmaking....
...Subtext and subtlety soon disappear as this compellingly ambiguous encounter spins out into a tortured, overwrought on-again off-again saga revolving around two increasingly insufferable, unconvincing characters...
...Alibaba has ditched plans to spin off its cloud business and paused plans to list its supermarket unit after investors showed little enthusiasm for its radical restructuring plan....
The Netflix hit’s theatrical spin-off balances horror and humour to great effect
...This prompted Berlin to consider taking a stake, in order to accelerate the spin-off from ailing parent company Thyssenkrupp....
Paramount+ spin-off series may share the same name and characters but it is an entirely different animal
...And when you knock us down, we’re going to get up, and on the way up, we’re going to bite a kneecap off.”...
...Odedra’s midnight blue robe licks around him as he spins, Mangaldas’s cinnamon silks unfurl in her wake....
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