Published on 12 Dec 2023 on Bloomberg via Yahoo Finance
Syensqo and Solvay’s $1.7 Billion Surge Makes Case for Spinoffs
(Bloomberg) -- A €1.6 billion ($1.7 billion) increase in the combined market value of Solvay SA and its Syensqo SA business has strengthened the appeal of spinoffs, as conglomerates weigh strategic options in lieu of tapping the near-dormant initial public offerings market.
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