Spring (Corporate) Cleaning: Spin-Offs and Divesting Assets and Businesses

Kickoff your spring cleaning by brushing up on corporate spin-offs and divestitures. Divestitures involve a parent company selling one or more subsidiaries, divisions, or specific sets of assets rather than a sale of the entire enterprise. Driven by strategic, financial, regulatory, and activist shareholder factors, divestiture transactions present unique M&A considerations. Learn more regarding divestitures and spin-offs with this practice note.

Read now »

Related Content

• Operative Agreements in Divestiture Transactions
  Familiarize yourself with the primary documents used for the most common divestiture transaction structures.

• Securities Law Considerations in Divestiture Transactions
  Explore the impact of U.S. securities laws with respect to the three primary divestiture transaction structures (third-party sale, equity carve-out, and spin-off) and the relevant filings that will need to be made.

• Preparation for and Closing Divestiture Transactions
  Review the main steps that must be taken to prepare for and close a divestiture transaction, including corresponding asset allocation considerations, corporate governance matters, regulatory requirements, and other related considerations.

• Divestitures of Divisions and Subsidiaries Resource Kit
  Get to know the various documents, governance matters, and other considerations relevant to a divestiture transaction, as well as where to find practice notes, templates, and checklists relating to divestitures.

• Spin-Off and Divestiture Tracker
  Check out our new spin-off and divestiture tracker covering recent spin-off transactions in public company filings.

Practical Guidance Updates
Featuring the latest updates from your Practical Guidance account.

• The Practical Guidance Journal Climate Change Special Edition features guidance on insuring for climate change, renewable energy initiatives, and a guide for public and private projects related to sea level rise.
• Check out the new Practical Guidance Author Center! Learn about the 1750+ leading attorney authors contributing to our 22 practice areas and find out how you can Become a Practical Guidance Author.
• Legal Developments provide the latest updates and analyses of emerging topics impacting your practice area. Visit the Legal Developments page to see the latest topics, which also include breaking legal news and related Practical Guidance content.
• Document alerts allow you to stay current on legal developments that affect your practice. Find out how to set up your document alerts.
• Listen Up! The Practical Guidance and Law360 Podcasts Resource Kit features interviews with industry-leading attorneys on cutting edge issues in the law: NFTs, Cannabis, COVID-19, and more.
• Click here to review the robust and growing collection of more than 150+ data points from publicly filed transactions available in Market Standards.

Experience results today with practical guidance, legal research, and data-driven insights—all in one place.

Experience Lexis+