The European Special Situations Report

In response to the increase in spin-offs, carve-outs and activist campaigns in Europe, The Spin-Off Report, which has provided special situations research to the buy-side for over 30 years, now provides valuation and fundamental research across a range of European restructuring opportunities.

The service consists of the following:

• Initiation Reports - Our comprehensive reports focus on European spin-offs with an expected spin-off market capitalization above €250m, published one to two months prior to the expected completion date. In addition to a detailed review of the strategic rationale behind the separation, each report also evaluates the fundamental merits and weaknesses of each business segment in order to establish price targets and trading recommendations for both pre and post-spin entities.
• Updates & Alerts - We provide updated price targets and timely analysis on every spin-off from the announcement date through 90 days post-completion, including changes to the debt allocation, share distribution, management teams and other elements of the transaction while monitoring the share price for a potential investment opportunity.
• Monthly Special Situation Digest - This two-part monthly publication provides summaries of every spin-off under coverage and analyst commentary on opportunities outside the traditional spin-off space, including carve-outs, activist campaigns, strategic reviews and other special situations.
• Compendiums- Written by Murray Stahl of Horizon Kinetics, this quarterly publication analyzes upcoming and recently completed European spin-offs in addition to Murray’s highest conviction investment themes in Europe.

For sample research reports, please visit spinoff.report.  Please contact us at +1-212-233-0100 if you have questions regarding the service or would like to subscribe.