Institutional Investor (May 18)
2023/ 05/ 20 by jd in Global News
“In an effort to raise much-needed cash, more private companies are spinning off non-core businesses. And private equity firms are eagerly buying. Forty-nine percent of corporate M&A professionals at private companies say they are likely to spin off a non-core division in 2023,” forty percent expect “to sell one to two businesses this year, while 7.5 percent say they are likely to pursue three to four divestitures.”
Tags: ” Divestitures, 2023, Cash, Effort, M&A, Non-core businesses, Private equity, Spin off
