Samsung Biologics’ announcement to split into a contract drug manufacturer and a holding company has caused fluctuations in C&T shares. This move signals a significant restructuring within South Korea’s largest conglomerate. The plan aims to streamline operations by separating the manufacturing arm from the oversight and management functions, potentially enhancing overall efficiency and focus in […]
Category: Spin-Off Companies
Medtronic’s Diabetes Business Spin-Off Strategy
Medtronic plans to spin out its diabetes business due to increased competition in the market. Other companies have already received FDA authorization for insulin pumps and CGMs for Type 2 diabetes, challenging Medtronic’s position. Insulet leads the U.S. market for insulin pumps and is expanding globally, while Tandem Diabetes Care, Beta Bionics, Sequel MedTech, and […]
GFL Environmental acquires OSI in major spin-off deal
In a significant move, GFL Environmental Services has acquired OSI, marking one of its first major deals since the spin-off. CEO Patrick Dovigi highlighted the acquisition at the WasteExpo 2025 investor summit in Las Vegas, emphasizing that the company plans to operate the environmental services business with a debt leverage of 5.5 to 6.0 times. […]
Top Ships Inc. Plans Spin-Off of Nasdaq-Listed Tanker Company
Top Ships Inc. has announced its intention to spin off a new Nasdaq-listed Suezmax tanker company. The company is taking advantage of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, as indicated in the cautionary statement included with this announcement. Forward-looking statements using terms like ‘believe,’ ‘anticipate,’ ‘intends,’ and others […]
