All articles tagged with #spin out
Microsoft is exploring options to spin out Xbox or restructure it as a wholly-owned subsidiary or joint venture, with no immediate plans, as it also pursues significant cost cuts while increasing investment in blockbuster Halo and Fallout games to energize fans.
Sanofi plans to spin out its consumer health unit and allocate €2 billion ($2.1 billion) in savings towards research and development efforts. The move is part of the company's strategy to focus on bringing the next wave of medical advances to market, following the trend set by other large drugmakers. The cuts will take place between 2024 and 2025, with the consumer unit likely becoming an independent French company by the end of next year.