Video
Spin-offs can make or break companies. In one-third of separations conducted between 2001 and 2010, the combined market cap of the new businesses rose 50% from their pre-spin-off values. But in another third, post-separation market caps fell by 40% within 18 months. In this short video, Jim Wininger, a partner in Bain's Mergers & Acquisitions practice, shares five factors that can determine a spin-off's success.
Read the Bain Brief: Mastering the good breakup
First published in November 2014