IBA Annual Conference Paris 2023
29 Oct - 3 Nov 2023
Room 315, Level 3
Session information
Spin-offs, split-offs and other strategic restructuring transactions at listed companies
Thursday 2 November (1430 - 1545)
Room 315, Level 3
Committee(s)
Securities Law Committee
(Lead)
Capital Markets Forum
Description
Companies with multi-line businesses are broken up for many reasons, often under investor pressure to unlock value by increasing “corporate clarity” and management focus. There is a range of techniques and corporate structures used to implement such separations, including most often spin-offs and split-offs. This expert panel will explore why and when such corporate divorces are undertaken, what factors are taken into account in choosing the best way to effectuate these transactions, and how to avoid pitfalls and ensure their success with particular focus on capital markets regulatory requirements imposed on public issuers.
Session / Workshop Chair(s)
| Massimiliano Giuseppe Danusso | BonelliErede, London, England; Publications Officer, Capital Markets Forum |
| Trevor Norwitz | Wachtell, Lipton, Rosen & Katz, New York, New York, USA |
Speakers
| Stephanie Fougou | Technicolor, Paris, France |
| Cecilia Mairal | Marval O'Farrell Mairal, Buenos Aires, Argentina; LPD Council Member |
| Pieter Schütte | Stibbe, Amsterdam, Netherlands; Conference Quality Officer, Capital Markets Forum |
| Ryan Samuel Wessels | Bowmans, Johannesburg, South Africa; North American Forum Liaison Officer, Securities Law Committee |