11 Apr 2023
Spring (Corporate) Cleaning: Spin-Offs and Divesting Assets and Businesses
Kickoff your spring cleaning by brushing up on corporate spin-offs and divestitures. Divestitures involve a parent company selling one or more subsidiaries, divisions, or specific sets of assets rather than a sale of the entire enterprise. Driven by strategic, financial, regulatory, and activist shareholder factors, divestiture transactions present unique M&A considerations. Learn more regarding divestitures and spin-offs with this practice note.
Related Content
- Operative Agreements in Divestiture Transactions
Familiarize yourself with the primary documents used for the most common divestiture transaction structures.
- Securities Law Considerations in Divestiture Transactions
Explore the impact of U.S. securities laws with respect to the three primary divestiture transaction structures (third-party sale, equity carve-out, and spin-off) and the relevant filings that will need to be made.
- Preparation for and Closing Divestiture Transactions
Review the main steps that must be taken to prepare for and close a divestiture transaction, including corresponding asset allocation considerations, corporate governance matters, regulatory requirements, and other related considerations.
- Divestitures of Divisions and Subsidiaries Resource Kit
Get to know the various documents, governance matters, and other considerations relevant to a divestiture transaction, as well as where to find practice notes, templates, and checklists relating to divestitures.
- Spin-Off and Divestiture Tracker
Check out our new spin-off and divestiture tracker covering recent spin-off transactions in public company filings.
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