Rise in Spin-offs and Deals: Portfolio Diversification and Complexity

This chapter discusses the increase in spin-offs and other types of deals involving public companies, driven by factors such as rising interest rates and the complexity of portfolios. It explores notable deals in 2023, the structure and optimization of spin-offs, and changes in deal structures in the broader M&A market. The speakers also touch on equity consideration, valuation gaps, and provide cautious optimism for the future of the M&A market.