Tag: Spinoff

AECOM Board OKs Management Services Group Spinoff PlanM&A Activity

AECOM Board OKs Management Services Group Spinoff Plan

The board of directors at AECOM has approved the company’s plan to separate its management services business as a new publicly traded…
UTC to Split Into Three Firms After Rockwell Collins Deal Completion; Greg Hayes QuotedM&A Activity

UTC to Split Into Three Firms After Rockwell Collins Deal Completion; Greg Hayes Quoted

United Technologies Corp. (NYSE: UTX) has announced plans to divide into three independent companies after it completed its $30B purchase of
Perspecta Begins Trading on NYSE as Independent Firm Under CEO Mac CurtisM&A Activity

Perspecta Begins Trading on NYSE as Independent Firm Under CEO Mac Curtis

Perspecta has begun to trade under the ticker symbol “PRSP” on the New York Stock Exchange after it finalized its separation
Olivier Rabiller to Lead Honeywell Transportation Systems Business SpinoffExecutive Moves

Olivier Rabiller to Lead Honeywell Transportation Systems Business Spinoff

Olivier Rabiller will continue to serve as president and CEO of Honeywell‘s (NYSE: HON) transportation systems business after the unit’s
FTC Clears Merger of DXC’s US Public Sector Business With Vencore, KeyPointM&A Activity

FTC Clears Merger of DXC’s US Public Sector Business With Vencore, KeyPoint

The Federal Trade Commission has given antitrust approval to DXC Technology (NYSE: DXC) to merge its U.S. public sector business with Vencore and KeyPoint Government Solutions.
Honeywell to Spin Off Business Groups by End of 2018; Darius Adamczyk CommentsM&A Activity

Honeywell to Spin Off Business Groups by End of 2018; Darius Adamczyk Comments

Honeywell (NYSE: HON) has announced it will spin off the industrial conglomerate’s ADI global distribution business, Homes portfolio and transportation systems business
Doug Wagoner to Step Down as SAIC Sector President in September; Tony Moraco CommentsExecutive Moves

Doug Wagoner to Step Down as SAIC Sector President in September; Tony Moraco Comments

Doug Wagoner, president of services and solutions sector at Science Applications International Corp. (NYSE: SAIC), will step down from his role at
Xerox Splits Into Digital Printing Tech,  Service Businesses; Jeff Jacobson CommentsM&A Activity

Xerox Splits Into Digital Printing Tech, Service Businesses; Jeff Jacobson Comments

Xerox (NYSE: XRX) has officially separated into two publicly traded companies, one focused on digital printing technology and the other selling business process services. The
Australia’s Defense Dept Awards $419M Contract to Leidos Subsidiary for IT Products,  ServicesContract Awards

Australia’s Defense Dept Awards $419M Contract to Leidos Subsidiary for IT Products, Services

Leidos‘ (NYSE: LDOS) Abacus Innovations Australia subsidiary has secured an estimated $418.7 contract from Australia’s defense department to provide computer equipment and accessories
HPE to Merge Non-Core Software Assets With Micro Focus in $8.8B Deal; Meg Whitman CommentsM&A Activity

HPE to Merge Non-Core Software Assets With Micro Focus in $8.8B Deal; Meg Whitman Comments

Hewlett Packard Enterprise (NYSE: HPE) has announced plans to merge its non-core software assets with global enterprise software firm Micro Focus under an