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NewCo
A NewCo or Newco is a term used to describe a corporate spin-off, startup, or subsidiary company before they are assigned a final name, or to proposed merged companies to distinguish the to-be-formed combined entity with an existing company involved in the merger which may have the same (or a similar) name. In a handful of cases the new company may retain the name "Newco". The term can also be used to describe a company that was created to replace its predecessor, which ceased to exist for reasons such as financial issues: the creation of a NewCo to continue the existence of Rangers F.C. was a notable example. Examples * IBM GTS - Managed Infrastructure Services → Kyndryl * 3M’s data storage business (spun off in 1996) → Imation * Abbott Laboratories pharmaceutical division → AbbVie * Atlas Copco Mining and Rock Excavation Technique business area → Epiroc * AT&T computer hardware subsidiary → NCR * Bayer chemicals operations → Lanxess * BP petrochemicals group � ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Compass Airlines (North America)
Compass Airlines, Limited liability company, LLC, was a regional airline in the United States that operated from 2006 to 2020, when it shut down due to the COVID-19 pandemic. It was headquartered in Delta Air Lines Building C at Minneapolis–Saint Paul International Airport in Fort Snelling (unorganized territory), Minnesota, Fort Snelling, Hennepin County, Minnesota, Hennepin County, Minnesota; prior to December 16, 2009, it was headquartered in unincorporated area, unincorporated Fairfax County, Virginia, Fairfax County, Virginia, United States, east of the Chantilly, Virginia, Chantilly CDP. The airline launched inaugural service with a single Bombardier CRJ100/200#CRJ-200, Bombardier CRJ200 aircraft under the Northwest Airlink brand between Minneapolis−Saint Paul International Airport, Minneapolis/St. Paul and Washington, D.C., on May 2, 2007. On August 21, 2007, it began flying two Embraer E-Jet family#E175, Embraer 175 76-passenger aircraft, and expanded to 36 aircraft ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Corporate Spin-off
A corporate spin-off, also known as a spin-out, starburst or hive-off, is a type of corporate action where a company "splits off" a section as a separate business or creates a second incarnation, even if the first is still active. It is distinct from a sell-off, where a company sells a section to another company or firm in exchange for cash or securities. Characteristics Spin-offs are divisions of companies or organizations that then become independent businesses with assets, employees, intellectual property, technology, or existing products that are taken from the parent company. Shareholders of the parent company receive equivalent shares in the new company in order to compensate for the loss of equity in the original Capital stock, stocks. However, shareholders may then buy and sell stocks from either company independently; this potentially makes investment in the companies more attractive, as potential share purchasers can invest narrowly in the portion of the business they t ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Hewlett-Packard
The Hewlett-Packard Company, commonly shortened to Hewlett-Packard ( ) or HP, was an American multinational information technology company. It was founded by Bill Hewlett and David Packard in 1939 in a one-car garage in Palo Alto, California, where the company would remain headquartered for the remainder of its lifetime; this HP Garage is now a designated landmark and marked with a plaque calling it the "Birthplace of 'Silicon Valley. HP developed and provided a wide variety of hardware components, as well as software and related services, to consumers, small and medium-sized businesses (small and medium-sized enterprises, SMBs), and fairly large companies, including customers in government sectors, until the company officially split into Hewlett Packard Enterprise and HP Inc. in 2015. HP initially produced a line of electronic test and measurement equipment. It won its first big contract in 1938 to provide the HP 200B, a variation of its first product, the HP 200A low-distor ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Evonik Industries
{{Infobox company , name = Evonik Industries AG , logo = Logo Evonik 2020.svg , image = RellingHaus II, Essen.jpg , image_caption = Evonik's headquarters in Essen, Germany , type = Aktiengesellschaft , traded_as = {{Frankfurt Stock Exchange, EVK MDAX Component , industry = Specialty chemicals , key_people = {{plainlist , * Christian Kullmann {{small, (CEO, Chairman) * Bernd Tönjes (Chairman of the supervisory board) , products = Chemicals , revenue = {{Decrease €15.2 billion (2024){{cite web , url= https://www.evonik.com/en/investor-relations/Reporting.html#tabs-b118b10b7a-item-2d4ab0c2ad-tab , title=Evonik Financial Report 2024 , publisher= Evonik Industries AG , access-date=1 April 2025 , net_income = {{Decrease €222 million (2024) , num_employees = 31,930 (2024) , foundation = {{start date and age, df=yes, 2007 , location = Essen, Germany , homepage = www.evonik.c Evonik Industries AG is a publicly-listed German specialty Chemical substance, chemicals comp ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Degussa
{{Infobox company , name = Evonik Industries AG , logo = Logo Evonik 2020.svg , image = RellingHaus II, Essen.jpg , image_caption = Evonik's headquarters in Essen, Germany , type = Aktiengesellschaft , traded_as = {{Frankfurt Stock Exchange, EVK MDAX Component , industry = Specialty chemicals , key_people = {{plainlist , * Christian Kullmann {{small, (CEO, Chairman) * Bernd Tönjes (Chairman of the supervisory board) , products = Chemicals , revenue = {{Decrease €15.2 billion (2024){{cite web , url= https://www.evonik.com/en/investor-relations/Reporting.html#tabs-b118b10b7a-item-2d4ab0c2ad-tab , title=Evonik Financial Report 2024 , publisher=Evonik Industries AG , access-date=1 April 2025 , net_income = {{Decrease €222 million (2024) , num_employees = 31,930 (2024) , foundation = {{start date and age, df=yes, 2007 , location = Essen, Germany , homepage = www.evonik.c Evonik Industries AG is a publicly-listed German specialty Chemical substance, chemicals compa ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
RAG AG
RAG AG, formerly Ruhrkohle AG, is the largest German coal mining corporation. The company headquarters are in Essen in the Ruhr area. The company was founded on 27 November 1968, consolidating several coal mining corporations into the Ruhrkohle AG. On 12 September 2007 as a result of restructuring, the business areas of chemicals, energy and real estate were transferred to the new business entity Evonik Industries AG. Today, Evonik Industries are majority owned by the ''RAG-Stiftung'' (English: ''RAG-Foundation''), which uses corporate profits to finance the costs that arise due to the former mining activities in the Ruhr region. The foundation plans on using about 220 million euro per year from 2019 to maintain abandoned coal mines, which mainly involves pumping out the ground water that destabilises tunnels. Since its board of trustees is dominated by federal and regional government officials as well as unions, RAG Foundation is also keen to secure Evonik's more than 20,000 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
NBCUniversal
NBCUniversal Media, LLC (abbreviated as NBCU and Trade name, doing business as NBCUniversal or Comcast NBCUniversal since 2013) is an American Multinational corporation, multinational mass media and Show business, entertainment conglomerate (company), conglomerate that is a subsidiary of Comcast and headquartered at 30 Rockefeller Plaza in Midtown Manhattan in New York City. It is mostly involved in the media and entertainment industry, named for its two most significant divisions: the NBC, National Broadcasting Company (NBC)—one of the United States' Big Three (television networks), Big Three television networks—and Universal Pictures, one of the Major film studios, major Hollywood film studios. It also has a significant presence in broadcasting through a portfolio of domestic and international properties, including USA Network, USA, Syfy, Bravo (American TV network), Bravo, Oxygen (TV network), Oxygen, E!, Telemundo, Golf Channel, CNBC, Universo (TV channel), Universo, the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
List Of Assets Owned By Comcast
Here is a list of assets owned by American global telecommunications conglomerate Comcast. Comcast Holdings Corporation *Xfinity (Comcast Cable Communications, LLC) ** Comcast Business *** Nitel ** Comcast Interactive Media *** StreamSage ** ''Comcast Cable Holdings, LLC'' (formerly ''AT&T Broadband Corporation'') ** ''Comcast MO Group, LLC'' (formerly Media One or ''Bell West'') ** ''Comcast MO of Delaware, LLC'' ** Comcast Phone LLC ** Comcast IP Phone LLC ** CN900 (Michigan) ** CN81 (Indiana) ** Comcast Wholesale ** Xfinity Mobile ** Effectv ** Xfinity Streampix ** Xumo * Comcast Spectacor operating sports and entertainment venues Spectra** ComcastTIX ** Maine Mariners (ECHL) ** Paciolan ** Philadelphia Flyers *** Gritty *** On the Fly Productions ** Philadelphia Wings ** Philadelphia Fusion (CS Philadelphia OW Team, LLC) ** Wells Fargo Center (Philadelphia) ** T1 Entertainment & Sports (34% with SK Telecom and Highland Capital) *** T1 * In Demand Networks (33.3% ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
NBC Universal
NBCUniversal Media, LLC (abbreviated as NBCU and doing business as NBCUniversal or Comcast NBCUniversal since 2013) is an American multinational mass media and entertainment conglomerate that is a subsidiary of Comcast and headquartered at 30 Rockefeller Plaza in Midtown Manhattan in New York City. It is mostly involved in the media and entertainment industry, named for its two most significant divisions: the National Broadcasting Company (NBC)—one of the United States' Big Three television networks—and Universal Pictures, one of the major Hollywood film studios. It also has a significant presence in broadcasting through a portfolio of domestic and international properties, including USA, Syfy, Bravo, Oxygen, E!, Telemundo, Golf Channel, CNBC, Universo, the streaming service Peacock and ownership stakes in Snap Inc. and Vox Media. Via its Universal Destinations & Experiences division, NBCUniversal is also the third-largest operator of amusement parks in the wor ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Northwest Airlines
Northwest Airlines (often abbreviated as NWA) was a major airline in the United States that operated from 1926 until it Delta Air Lines–Northwest Airlines merger, merged with Delta Air Lines in 2010. The merger made Delta the largest airline in the world until the American Airlines Group#Merger proposals and plans, American Airlines–US Airways merger in 2013. Northwest was headquartered in Eagan, Minnesota, near Minneapolis–Saint Paul International Airport. After World War II, it became dominant in the trans-Pacific market with a hub in Tokyo, Japan (initially Haneda Airport, later Narita International Airport). In response to United Airlines' 1985 acquisition of Pan Am's Pacific routes, Northwest paid $884 million to purchase Republic Airlines and then established fortress hubs at Detroit Metropolitan Wayne County Airport and Memphis International Airport. With this merger, NWA established the domestic network necessary to feed its well-established Pacific routes. Lackin ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
