Tag Archives: spin-off

Sandoz Gains Investment-Grade Rating Post Spin-off, Secures Substantial Financing

(IN BRIEF) Novartis has confirmed its plans for a full Spin-off of its Sandoz business, with trading of new Sandoz Group AG shares and ADRs scheduled to begin on October 4, 2023. This comes after receiving shareholder approval and key … Read the full press release

Rabobank’s TreasurUp becomes an independent company and closes series A funding round

TreasurUp completes series A funding round led by OFX and Rabobank Australian cross border payments specialist OFX, Rabobank, TreasurUp management and engineering partner COERA invest in spin-off structure TreasurUp aims to become the leader in online treasury solutions for banks … Read the full press release