Subscribe

Theme: Actionable

KEDM Lite Vol. 30

This week’s additions and highlights 1. SPIN-OFFS Corteva (CTVA US). Good time to take a look at the upcoming Cortiva of Seeds (Vylor) and Crop Protection (New Corteva), with the shares down recently on poor results. Dis‑synergies were recently cut to $50m. The case is worth a look given the different business dynamics; seed volumes…

KEDM Lite Vol. 29

This week’s additions and highlights 1. SPIN-OFFS Resonac (4004 JP). Resonac’s spin of Crasus Chemical (646A JP) is good to go, to be effective Oct. 1. A reminder that while Resonac has done quite well in recent years, Crasus’ performance has been a major headwind for the group. Spinning Crasus is a big move (over…

KEDM Lite Vol. 28

This week’s additions and highlights 1. SPIN-OFFS Flex (FLEX US). Flex recently jumped on a strong 2027 outlook but also plans to spin off its cloud and power infrastructure business, the latter separating its rapidly growing AI-focused business from the core manufacturing business. Let’s wait for more details, but you know we like to keep…

KEDM Lite Vol. 27

This week’s additions and highlights 1. SPIN-OFFS Fosun International (656 HK). If you ever thought ‘I’d like to own a piece of peace’, this might be your chance. Fosun plans to spin off ClubMed Lifestyle Group in Hong Kong, bringing Club Med back to public markets to fund a major global expansion. The idea is…

KEDM Lite Vol. 26

This week’s additions and highlights 1. SPIN-OFFS Siemens Energy (ENR GY). Siemens Energy is rumored to be considering spinning off its “Transformation of Industry” division, which makes compressors and steam turbines. This unit generates ~€5.5bn revenues (roughly 14% of group sales), with the reports also mentioning that this could grow to €10-11bn by 2031 and…