Valuations of Corporate Divestitures
in International Markets
"The Global Spin-Off Calendar"
Published at the beginning of each month, this "The Global Spin-Off Calendar" monitors the progress of all spin-offs outside of United States. The following information is provided:
- History of the parent company leading up to the proposed divestiture
- Description of the spin-off transaction, including share ratios and target dates
- An analysis of the tax status and progress of shareholder and regulatory approvals
- Parent company business description and analysis
- Analysis of subsidiary businesses and contribution to parent sales and profit
"Flash" Alerts
On the day the divestiture is announced, The Global Spin-Off Report transmits an email containing all relevant information and an initial opinion. Throughout the spin-off process, emails will be routinely sent to update clients with time-sensitive, material information regarding the details of each divestiture. These update also provide updates or changes to investment recommendations.
Comprehensive Spin-Off Analysis
Comprehensive analysis of every spin-off will provide the earliest available projections and valuations for these forthcoming independent companies. Investment opportunities are highlighted within subsidiaries to be divested, as well as parent companies that will benefit from these pending transactions. Reports are published several weeks before the spin-off date to provide clients sufficient time to position for the upcoming transaction.
"Global Spin-Offs of Tomorrow"
This report provides a detailed overview and analysis of companies believed to be candidates for pursuing a future spin-off, split-off or other form of divestiture of one or more subsidiaries or business segments. The authors endeavor to provide a unique viewpoint regarding the rationale for, and implications of such transactions from a strategic, financial and valuation perspective. The report will be published periodically as spin-off candidates are identified, and will be followed by additional reports when anticipated transactions actually occur.
The Global Spin-Off Report Compendium
This monthly piece provides an effective forum for the head of Horizon Research, Murray Stahl to discuss restructurings outside the realm of spin-offs, as well as intriguing divestitures in foreign markets. Certain spin-offs may fall out of favor before they realize the full benefits of independence from the parent company. These spin-offs will be revisited in the Compendium, with the most compelling situations expounded upon in full length research reports. |