Revealed – 2012 Next Major Global Spinoff Stocks And Demergers

NEW YORK & LONDON--(BUSINESS WIRE)--

The Spinoff Report® (TSR), the world's leading pre-event specialist investment advisor on global Corporate Spinoffs, in association with Deloitte, the business advisory firm, has published its unique study into Corporate Spinoffs. This first of four regional focused studies, has fully analysed all US based pure Spinoffs from 2000 to 2010 and provides insight into three core elements:

1. Performance (e.g. by timing and market capitalisation),

2. Sectors (best and worst performers), and

3. Structure (incl. Spinoff taxation, indices and preparation).

Uncovering vital trends, the study reveals that Corporate Spinoffs have delivered an average return of 20% for investors (Parent and Spinoff) after one year. The study further identifies and quantifies the key differences in performance and explores the reasons behind the successes and failures; providing a major insight on Spinoffs for investors and corporates.

George Budden, partner at Deloitte, said: “This research is completely consistent with our experience that it is crucial to be well prepared when breaking-up a business in order to create value.”

TSR have released research on over 60 Spinoffs globally in 2011 thus far, and with an average $9 Billion market value per deal based on their latest Monthly Spinoff Review Calendar, including TSR's analysis of potential break-ups; 2012 should see a record 109 Corporate Spinoffs.

Benchmark TSR Performance*: 4 Years: Dec 3, 2007 to Nov 30, 2011

+37% - TSR Corporate Spinoff Portfolio*

-26% - MSCI World Index

-15% - S&P 500

* Based on TSR's Research Recommendations on Spinoffs.

Some high profile Spinoffs include:

Alexander & Baldwin (ALEX), Tyco (TYC), Covidien (COV), American Airlines (AMR), Marriott (MAR), Expedia (EXPE), TripAdvisors (TRIP), Capital & Counties Properties (CAPC), El-Paso (EP), Edenred (EDEN), Time Warner (TWX), McDermott (MDR), Foster's (FGL), Fortune Brands (BEAM), Pirelli (PC), EnCana Corp.(ECA), Carphone Warehouse / Best Buy (CPW / BBY), Liberty Media (LINTA), General Growth Properties (GGP), Kraft (KFT), Vishay (VSH), Verizon (VZ), Ralcorp (RAH), ITT Corp. (ITT), McGraw-Hill (MHP), Madison Square Garden (MSG), Sunoco Inc. (SUN) and Cardinal Health (CAH).

The study is available exclusively to The Spinoff Report's global institutional hedge and mutual fund client base. Full analysis on all Spinoffs is available directly via www.spinoffreport.com/contact-us.