spin-off News

Intel Announces Strategic Spin-off of Networking Business to Fuel Innovation and Growth

Intel Corporation plans to spin off its Network and Edge Group into a standalone business, seeking investors for growth. The company faces challenges, including workforce cuts and ...

Kraft Heinz Eyes $20 Billion Spin-Off: A Strategic Move to Unlock Hidden Value?

Kraft Heinz is considering a $20 billion spin-off of part of its grocery business to focus on core products like Heinz ketchup, aiming to increase overall market value. The decisio...

Comcast Unveils Versant: The Future of NBCUniversal's Cable Networks Post-Spin Off

NBCUniversal's cable network division is rebranding as Versant following its separation from Comcast, encompassing major networks and digital platforms. The spin-off is expected to...

Comcast Unveils Versant: The Future of NBCUniversal's Cable Network Division Post-Spin-Off

NBCUniversal's cable network division rebrands as Versant post-Comcast spin-off, encompassing major networks and digital platforms. Comcast retains key assets, with the separation ...