How Common are Postmerger Divestitures of Acquired Company Units?
M&A Leadership Council
AUGUST 15, 2022
For example, in Switzerland, Sandoz and Ciba spun off their chemicals business units – one as a taxable initial public offering and one as a tax-free “demerger” – before merging their pharmaceutical cores into Novartis. United States of America: McGraw Hill, 2006. Recent U.S. examples include Sara Lee Corp.’s
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