Sunday Spinoff Odds & Ends: ABB’s Robot Reversal, Coty Weighs Spinoff, Comcast’s Versant Loan
Stock Spinoffs·2025-10-19 23:41
ABB’s Robot Spinoff Becomes a $38 Billion Sale to SoftBankAnother week, another mix of spinoffs, near-spinoffs, and spin-offs-that-weren’t. Here’s what caught our eye this week.ABB Ltd.(ABBNY) had been widely expected to spin off its robotics division — a move long anticipated by investors as the final step in ABB’s multi-year simplification effort. Instead, the Swiss industrial giant has chosen to sell the business to SoftBank Group for roughly $38 billion.The sale highlights a growing theme we’ve seen in ...