Corporate Restructuring - Equity carve-outs have flunked out as a technique to create shareholder value for parent companies, says McKinsey & Co. The exception is when the parent floats an IPO for the subsidiary with the intent of executing a complete separation later on.
Year of publication:
Mergers & acquisitions. - New York, NY : Investment Dealers' Digest, ISSN 0026-0010, ZDB-ID 8628555. - Vol. 37.2002, 6, p. 16-17