SuperValu, one of the largest grocery wholesalers and retailers in the U.S., announced its intention to spin-off Save-A-Lot business into a separate, publicly traded company. The spin-off filing can be viewed here.
I bought Videocon d2h (VDTH) to the spin-off portfolio at $8.25. I think it’s one of the best investment ideas in the current market for both medium and long term holding period. * * *…
The company plans to spin off its UK unit, Advanced BF inKemia, and incorporate it on the London Alternative Market (AIM) in 2016. WGP Global estimates market capitalization of the unit between 50-60 million pounds ($87…
The energy and power supplier Talen Energy (TLN) is taking a leap today after Riverstone Holdings, the main stockholder which holds 35% of the company, offered to buy the remaining 65% at a price of…
Samsung SDS said it was considering spinning off its logistics process outsourcing and IT systems services businesses but no decisions have been made yet. A speculation is that Samsung C&T Corp will acquire Samsung SDS’s…
Zedge completed today its spin-off from IDT Corporation (the separation document can be found here). Zedge provides a popular app which allows brands to promote their content with consumers who utilize the content. Over 200…
http://www.sec.gov/Archives/edgar/data/1671584/000119312516608670/d26473dex99.htm
Australia’s Alumina said it has “serious concerns” about the impact of a demerger plan of U.S. partner Alcoa on the pair’s bauxite and alumina production joint venture, Alcoa Worldwide Alumina and Chemicals. Alumina is concerned that…
Pointer Telocation Ltd. (Nasdaq Capital Market: PNTR) – a leading developer, manufacturer and operator of Mobile Resource Management (MRM), today announced that it has filed an information statement with the United States Securities and Exchange…
I bough Armstrong Flooring (AFI) to the recommended spinoff list at $16.9. Armstrong Flooring (AFI) has been separated via spin-off from Armstrong World (AWI) about six weeks ago. The motivation for the separation is clear…