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Upper Crust owner SSP plans for Indian IPO of Travel Food Services

Global Banking & Finance

(Reuters) -Upper Crust owner SSP Group said on Tuesday that it is planning an initial public offering in India of airport lounge operator Travel Food Services, its venture with K Hospitality Corp.

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How Common are Postmerger Divestitures of Acquired Company Units?

M&A Leadership Council

A sell-off, which is by far the most common type of divestiture (and the type usually referred to as such), is the sale of one or more company units to another company – for example, when BF Goodrich Corporation sold its JcAIR Test Systems business to Aeroflex Incorporated in 2005. What is a spin-off? . Recent U.S.