NEW YORK & LONDON--(BUSINESS WIRE)--If the fiscal cliffs of the US and Europe are met with a confidence inspiring plan by leaders, watch this space as “2013 is going to see a surge of corporate break-ups [Spinoffs]” says, Jonathan Morgan of The Spinoff Report, the leading pre-event global investment advisor that covers every upcoming break-up such as: Liberty Media Corp. (LMCA), Dean Foods Co. (DF), Ingersoll-Rand Plc (NYSE: IR), Elan Corporation Plc (ELN), News Corp. (NWSA), and many more.
“Potential M&A and hidden catalyst value that isn’t recognized by the street, yet!”
Morgan continues, “We believe 2013’s going to be very big and knowing you have the true SOTP deep value spinoff report on every deal ahead of the market can give you returns like our +19% YTD from over 45 Spinoffs we’ve recommended”.
True to Morgan’s words, tomorrow will see the UK listing of a very valuable asset being demerged from market leading specialist metals business, Cookson Group (CKSN). Listed on the decently liquid FTSE 250, the new business will be called, Alent (ALNT).
Spinoff unit Alent, with its leading market share, high margin business and technological edge as a supplier of surface chemicals and electronic materials to automotive market, plus over half the world’s growing smartphone and tablet device big brand firms, has, according to The Spinoff Report’s analysis, “Potential M&A and hidden catalyst value that isn’t recognized by the street, yet!”
With customers such as: Apple, Cisco, Dell and HP, Alent already has a rich client base. The new name for ex parent business Cookson Group will be, Vesuvius (VSVS).