Sony Financial shares will start trading on Tokyo bourse on Monday after being spun off from Sony Group, which is moving to focus on its entertainment and image sensor businesses https://t.co/xdhobNhFTR ...

Tik Tok. The company will be valued around $14 billion. This is going to be American operated all the way.No, Michael Dell's involved and Rupert Murdoch's involved, including Larry Ellison and Oracle, I guess, is going to be a very play a very big role in terms of security, safety, and everything else. It's a blue chip group of investors and uh we'll be announcing more about who exactly is involved in the deal in the in the days to. ...

Spin-off Announcement - KBR plans to spin off its Mission Technology Solutions (MTS) segment to create two independent, pure-play public companies: "New KBR" comprising Sustainable Technology Solutions (STS) and "SpinCo" comprising MTS [1, 7] - The transaction is intended to be tax-free to KBR and its shareholders and is expected to close in mid-to-late 2026 [7, 33] Portfolio Transformation - The spin-off is the culmination of a decade-long portfolio transformation to focus on differentiated and innovative science, technology, and engineering solutions [7, 9, 10] - KBR has acquired 13 businesses and divested 4 non-core businesses, exiting commoditized services and shifting away from lump sum turnkey-type contracts [13] New KBR (STS) - New KBR, comprising STS, has TTM Q2'25 revenues of $2.2 billion and an adjusted EBITDA margin of approximately 22% [15, 20] - STS backlog for Q2'25 is $3.7 billion [15] SpinCo (MTS) - SpinCo, comprising MTS, has TTM Q2'25 revenues of $5.8 billion and an adjusted EBITDA margin of approximately 10% [16, 27] - MTS backlog and options for Q2'25 is $17.8 billion [16] Financial Performance - KBR's adjusted EBITDA has grown by 180% from $334 million in 2015 to $935 million in TTM Q2'25 [11]

For more on where Disney goes from here, we are joined by Le Lightshed Partners co-founder and analyst Rich Greenfield. Rich, great to have you with us. You're smiling.You heard what Laura said. I mean, I think the point here, literally the absurdity that comes out of her mouth, it just makes me laugh. I'm sorry, but like should Disney spin off.I think the point is that you want to escape the the purview of the FCC here. Sure. Look, and we've been arguing literally since Bob Chapik, even before Iger, that D ...

Core Viewpoint - DuPont is set to host an Investor Day on September 18, 2025, to discuss the future of the company following the planned spin-off of its electronics business, Qnity Electronics, Inc. [1][7] Group 1: DuPont Company Overview - DuPont is a global innovation leader providing technology-based materials and solutions across various industries, including electronics, transportation, construction, water, healthcare, and worker safety [3]. - The company emphasizes its commitment to advancing customer ideas and delivering essential innovations [3]. Group 2: Qnity Company Overview - Qnity is DuPont's electronics business, focusing on technology solutions across the semiconductor value chain, including AI, high-performance computing, and advanced connectivity [5]. - The business provides solutions for semiconductor chip manufacturing and high-speed transmission within complex electronic systems [5]. Group 3: Spin-off Details - DuPont announced the targeted completion date for the spin-off of Qnity as November 1, 2025, which will not require a shareholder vote [7]. - The spin-off is subject to customary conditions, including board approval, tax opinions, regulatory approvals, and completion of financing [7].

Core Viewpoint - Honeywell announced the future Board of Directors for Solstice Advanced Materials, a specialty materials company set to spin off from Honeywell, focusing on key markets such as refrigerants, semiconductor materials, protective fibers, and healthcare packaging solutions [1][3]. Group 1: Board Composition - Dr. Rajeev Gautam will serve as Independent Chair of the Board, bringing over 40 years of experience at Honeywell [2][5]. - David Sewell, President and CEO of Solstice Advanced Materials, has over 30 years of experience in the materials and chemicals industries [2][5]. - The Board will include leaders with extensive backgrounds in industrial, technology, chemicals, and materials sectors, ensuring a diverse and experienced leadership team [2][4]. Group 2: Strategic Vision and Goals - The Board is expected to provide cross-sector insights and leadership to drive growth and enhance customer relationships from the outset [3]. - Solstice aims to enter its new phase with strong momentum, a clear strategic vision, and a commitment to innovation and operational excellence [3][4]. - The spin-off is on track for completion in the fourth quarter of 2025, positioning Solstice for immediate impact in its target markets [4][5].

Company Overview and Performance - MSG Entertainment's spin-off from Sphere Entertainment Co was completed on April 20, 2023[10] - In fiscal year 2025, the company hosted over 975 live events[14] and welcomed nearly 6 million guests[15] - The company reported total revenue of $942.7 million in fiscal year 2025[52] - Operating income for fiscal year 2025 was $122.1 million[52], while adjusted operating income (AOI) reached $222.5 million[52] Key Assets and Agreements - The company has 35-year deals to host home games for the New York Knicks & Rangers[15] - Madison Square Garden is the 2 grossing venue of its size in the world[16, 17] - Radio City Music Hall is the 1 grossing venue of its size in the world[18, 19] - The company has valuable long-term arena license agreements with MSG Sports, including 3% annual escalators[40, 41] Financial Position and Strategy - As of June 30, 2025, total debt outstanding was $609 million, with unrestricted cash and cash equivalents of $43 million, resulting in net debt of $566 million[56] - Net debt leverage is 2.5x, calculated using fiscal 2025 AOI of $222.5 million[56, 57] - The company repurchased $180 million of Class A shares since April 2023 and has $70 million remaining under share repurchase authorization[58]

I mean the spin-offs are uh progressing on time. So we expect to have the chemicals business advanced material spin-off completed Q4 of this year uh and then aerospace will happen uh second half of 2026. So they are progressing well.But the good news is that uh the two important points there. First is we have majorly completed our portfolio transformation work with that because when I started we announced these spins but we also have done a lot of portfolio work some substraction some additions. So that's l ...

Corporate Strategy - Kraft Heinz is considering spinning off its slower-growing brands [1] Investment Analysis - Bond investors are positioning for potential winners and losers resulting from the spin-off [1]

Company Strategy & Restructuring - Kraft Heinz is reportedly planning to break itself up by spinning off a chunk of its grocery business into a new entity valued at up to $20 billion [1] - The remaining company would focus on sauce brands like Heinz Ketchup and Grey Poupon Mustard [1] Financial Performance & Market Valuation - Kraft Heinz shares are up by about 1.7% this morning [2] - Kraft Heinz shares are down about 60% since the 2015 deal [2] Industry Dynamics & Challenges - Packaged food companies are facing challenges as consumers are eating less of their products [3] - Ketchup business has high margins, but other packaged food products do not [3]