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Apple Should Spin Off the Macintosh

2016-06-22 15:00:00| PC Magazine: the Official John C. Dvorak RSS Feed

Making a separate company for MacOS PCs is smart for all involved.

Tags: the apple spin macintosh

 

Australia's Crown to spin off international businesses

2016-06-16 03:44:25| BBC News | Business | UK Edition

Australia's Crown Resorts set to demerge most of its international assets into a new company, removing itself from interests in China.

Tags: international businesses crown spin

 
 

HPE to spin off IT services arm in joint venture with CSC

2016-05-25 08:52:00| Telecompaper Headlines

(Telecompaper) HP Enterprise has announced plans to spin off its IT services business in a joint venture with CSC. In the latest step in the company's transformation, CEO Meg Whitman said the group will focus going forward on its networking equipment and infrastructure business. The spin-off, expected to be completed by next March, will see HPE shareholders receive shares equal to 50 percent of the new company. The merged group will have annual revenues of around USD 26 billion and continue to serve HP#s existing customers. Mike Lawrie, the current head of CSC, will become CEO of the new company, and Whitman will join the Board of Directors. The new company's board will be split 50/50 between directors nominated by HPE and CSC. Mike Nefkens, the current EVP and GM of HPE's Enterprise Services business, will join the new company's executive team. 

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Honeywell Prepares To Spin Off Resins Business

2016-05-24 15:07:00| Chemical Processing

Move comes after record M&A bid is foiled.

Tags: business spin prepares honeywell

 

Manufacturers Life Set To Spin Off 3 Prime U.S. Office Assets

2016-05-16 03:27:00| National Real Estate Investor

Mark Heschmeyer <news@costar.com> Canada's Manufacturers Life Insurance Co. filed final paperwork in Singapore for an initial public offer of a real estate investment trust backed by three U.S. office properties. read more

Tags: us set life office

 

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