Every Spin-Off
Crane NXT
CXTCompletedSeparation of Crane NXT industrial technology business (CXT); Crane is the SpinCo
- Distribution date
- 3 Apr 2023
- Structure
- Spin-off
- Parent
- Crane (CR)
- Spin-off ticker
- CXT
- 2-year mark
- 3 Apr 2025
- Market
- United States
Section 355 clock. Two years from the distribution, an acquirer can generally step in without putting the tax-free status at risk.Window passed
3 Apr 2023100%3 Apr 2025
Source documents
- Press releaseCompletion release (04/03/23)
- PresentationInvestor Day presentation (03/22)
- Information statementInformation statement
Every Spin-Off research
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