Spinoff
Sanofi’s ‘Play to Win’ strategy backfires, stock tumbles
Sanofi is facing investor discontent as its CEO, Paul Hudson, unveiled the latest chapter in the “Play to Win” strategy ...
3M CEO updates on healthcare spinoff amid revenue decline
In a recent company update, 3M has provided insights into the status of its long-anticipated healthcare business spinout, indicating that ...
Sandoz’s Subdued Market Entrance After Splitting from Novartis
Sandoz has successfully completed its separation from Novartis after extensive preparations lasting over a year. However, the initial valuation on ...
Medtronic to sell its medical supplies unit to Carlyle Group for $7 billion
In a significant development nearly a year after Medtronic’s announcement of its intention to spin off its patient monitoring and ...
Novartis Nears Sandoz Spinoff Milestone with Unique Stock Distribution Strategy
As the long-anticipated spinoff of Novartis’ Sandoz division draws near, the Swiss pharmaceutical giant has unveiled a novel approach to ...
AstraZeneca Expects Higher China Sales, Denies Spinoff Report
AstraZeneca’s CEO Pascal Soriot has denied a report that the company is considering spinning off its China business, which is ...