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Spinoffs Soar 70%, Unlocking Reckitt Benckiser, Baxter, Vornado Realty, Hertz and Consumer Staples Stocks for New Investors - TSR (The Spinoff Report®)
[April 16, 2014]

Spinoffs Soar 70%, Unlocking Reckitt Benckiser, Baxter, Vornado Realty, Hertz and Consumer Staples Stocks for New Investors - TSR (The Spinoff Report®)


LONDON & NEW YORK --(Business Wire)--

With a +37% return achieved on average two-years post separation / break-up, Corporate Spinoffs are fast moving to the forefront of investment growth strategies used by prominent money managers as a new pure form of index beating value creation.

"Our Spinoff Calendar shows US Spinoff deals are growing remarkably in all sectors", says Ryan Mendy, co-founder of the world's leading corporate Spinoff and special situation equity research firms, TSR and TDR.

2014's deal calendar uncovers a 70% growth over 2013's Spinoff activity, and beyond the boundaries of Canada and the United States; "the UK, EMEA and Asia-pack Spinoffs will see tremendous growth in activity in the future, matching that of the US", according Mendy of TSR (News - Alert).



If this morning's news is anything to go by in London, it proves TSR's research is spot on, as £37bn FTSE listed Reckitt Benckiser (LON: RB) is considering a Spinoff of its pharmaceutical unit. This is a break-up that TSR analysed and predicted for its notable fund management subscriber base in their 2013 research of "Potential Spinoffs Yet to Happen, M&A and Takeovers".

"Being circa 10% of sales and trading at 13.7x EV/EBITDA, we believe that a Spinoff of RB's Pharmaceuticals unit can help the Consumer Staples (News - Alert) company re-rate and provide a return of more than 20% for investors in the first year alone. Similar transactions in the past includes that of Bristol-Myers (Biopharmaceutical Products) creating value by separating its holding in Mead Johnson Nutrition Company (Pediatric Nutrition) in 2009-2010", comments Mendy of TSR.


Announced Spinoffs in the last few weeks for new Investors:

Top global company management are now evidently setting their Board room focus on the break-up valuation and strategies of their currently difficult to value divisions.

To enquire about any of TSR's top recommendations or future Spinoff analysis, go to: www.spinoffreport.com


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