Calendar
Spin-offs completed in 2024
21 separations, 11 of them in Europe, newest first.
DateSpin-offTransactionDocuments2-year mark
Date16 Dec 2024
Canal+CANEUFrom Vivendi · VIV (Euronext Paris) · LSE Main Market
TransactionPay-TV and film/TV studio group (Canal+, StudioCanal).
2-year markNon-US
Date16 Dec 2024
HavasHAVASEUFrom Vivendi · VIV · Euronext Amsterdam
TransactionAdvertising and communications agency group.
Documents
2-year markNon-US
Date16 Dec 2024
Louis Hachette GroupALHGEUFrom Vivendi · VIV · Euronext Growth Paris
TransactionHolding of 66.5% of Lagardère SA (publishing, travel retail) and 100% of Prisma Media.
Documents
2-year markNon-US
Date25 Nov 2024
ConcentraCONFrom Select Medical · SEM
TransactionPartial spin of Concentra (COn)
Documents
2-year mark25 Nov 2026
Date8 Nov 2024
Sunrise CommunicationsSNREEUFrom Liberty Global · LBTYA
TransactionSpin-off of Liberty Global's Swiss telecom operator Sunrise, listed in Zurich with ADSs on Nasdaq.
Documents
2-year markNon-US
Date1 Nov 2024
Everus Construction GroupECGFrom MDU Resources · MDU
TransactionSpin of Everus Construction Group (ECG)
Documents
2-year mark1 Nov 2026
Date3 Oct 2024
PentixapharmPTPEUFrom Eckert & Ziegler · EUZ · Frankfurt (Prime Standard)
TransactionRadiopharmaceutical biotech developing CXCR4-targeted diagnostics/therapeutics (PentixaFor/PentixaTher).
Documents
2-year markNon-US
Date1 Oct 2024
Curbline PropertiesCURBFrom SITE Centers · SITC
TransactionSpin of Curbline Properties convenience assets (CURB)
Documents
2-year markPassed
Date1 Oct 2024
South BowSOBOFrom TC Energy · TRP
TransactionSpin of South Bow liquids pipelines business (SOBO)
Documents
2-year markPassed
Date1 Oct 2024
GiG SoftwareEUFrom Gaming Innovation Group · G2M (Nasdaq Stockholm) / G2MNO (Oslo) · Nasdaq First North Premier Growth Market (SDRs); NDRs on Euronext NOTC
TransactionIGaming B2B platform/sportsbook software business separated from affiliate-media business (Gentoo Media); distribution completed 2024-09-30.
Documents
2-year markNon-US
Date27 Sep 2024
AmentumAMTMFrom Jacobs Solutions · J
TransactionSpin-merge of critical mission solutions and cyber intelligence with Amentum (AMTM)
Documents
2-year markPassed
Date26 Sep 2024
Optima HealthOPTEUFrom Marlowe · MRL · AIM
TransactionOccupational health services provider (Marlowe's former occupational health division); demerger dividend 1 Optima share per Marlowe share, no capital raised.
Documents
2-year markNon-US
Date31 Jul 2024
Seaport Entertainment GroupSEGFrom Howard Hughes · HHH
TransactionSpin of Seaport Entertainment (SEG)
2-year markPassed
Date1 Jul 2024
KalmarKALMAREUFrom Cargotec · CGCBV · Nasdaq Helsinki
TransactionContainer-handling and terminal equipment business.
2-year markNon-US
Date24 Jun 2024
GRAILGRALFrom Illumina · ILMN
TransactionSpin of GRAIL cancer detection (GRAL)
Documents
2-year markPassed
Date18 Jun 2024
Hermana HoldingEUFrom Magnora · MGN · Oslo Stock Exchange (per release)
TransactionLegacy licence business (70% of Western Isles Holding) demerged to shareholders 1:1; Magnora keeps 30% of Hermana.
2-year markNon-US
Date1 Jun 2024
Inhibrx BiosciencesINBXFrom Inhibrix · INBX
TransactionSpin of new Inhibrix, excluding 101 assets (INXB)
Documents
2-year markPassed
Date30 Apr 2024
SvitzerEUFrom A.P. Moller-Maersk
TransactionDemerger of Maersk's towage and marine services business, listed in Copenhagen.
Documents
2-year markNon-US
Date2 Apr 2024
GE VernovaGEVFrom General Electric · GE
TransactionSpin of GE Aerospace (GE) and GE Vernova (GEV) power businesses
Documents
2-year markPassed
Date1 Apr 2024
SolventumSOLVFrom 3M · MMM
TransactionPartial spin of Solventum healthcare unit (SOLV)
Documents
2-year markPassed
Date1 Feb 2024
PluxeePLXEUFrom Sodexo · SW · Euronext Paris
TransactionEmployee benefits and engagement: meal vouchers, gift cards, benefit cards.
Documents
2-year markNon-US
Gold links open the source document. Grey links open the SEC EDGAR search for the company where a direct link is not yet verified. European deals link to the company release, the exchange notice or a news report until the release is on file. The 2-year mark approximates the end of the Section 355(e) presumption period and applies to US deals only. Methodology.