A takeover is a term used to describe the acquisition of one company by another company. Sometimes the takeover is hostile.
Some takeovers work out well for the buyers, of course. This doesn’t diminish the inherent risk. More important, risk multiplies as takeovers become a habit.
Takeovers are more likely to succeed when the buyer is already a successful company and is under no pressure to buy anything. That way, the buyer can take its time and wait for a truly attractive, low-risk opportunity to come along.
A hostile takeover is when a company wants to acquire another company—but the management of the takeover target does not want to be taken over. Sometimes the takeover is then facilitated by going directly to the company’s shareholders. This typically provokes a fight with the target’s management.
At TSI Network, we recommend using our three-part Successful Investor philosophy for all of your investment decisions:
Discover how most investors who successfully build wealth over the long term follow certain investing practices. Find out what they are in our FREE investing guide, How to Invest in Stocks: Canada Investor Advice on Building a Balanced Stock Portfolio.
As investors seek sustainable income in an evolving market landscape, TSI’s own Scott Clayton has identified compelling opportunities in spinoffs for 2025. This analysis applies our comprehensive dividend sustainability framework to companies planning those strategic splits for next year.
While spinoffs often capture headlines for their… Read More
RUSSEL METALS INC., $44.24, is a buy. Through their shares, investors tap one of North America’s largest metals distribution companies, with a growing focus on value-added processing.
The company carries on business in three segments: metals service centres, energy field stores and steel distributors. Its network… Read More
You Can See Our Spinoff Stock Portfolio For December 2024 Here.
Why we like spinoffs so much
We think that spinoffs are the closest thing you can find to a sure thing for two main reasons:
1) The management of a parent company will only hand out shares… Read More
GROUPE DYNAMITE INC. $21 is a hold. The company (Toronto symbol GRGD; Consumer sector; Market cap: $2.3 billion; No dividend paid; Takeover Target Rating: Lowest; www.groupedynamite.com) is a Montreal-based retailer of women’s apparel with roughly 300 stores in Canada and the U.S. They operate under the Garage and Dynamite… Read More
DYE & DURHAM LTD. $18 is a hold. The company (Toronto symbol DND, Manufacturing & Industry sector; Shares outstanding: 66.9 million; Market cap: $1.2 billion; Dividend yield: 0.4%; Takeover Target Rating: Medium; www.dyedurham.com) is a cloud-based software provider for legal and business professionals.
On July 17, 2020, Dye & Durham… Read More
On April 30, 2018, Pentair spun off its electrical unit as nVent Electric. Investors received one nVent share for each Pentair share they held.
After the split, both stocks moved sideways before dropping along with the market in March 2020 as the pandemic took hold. However,… Read More
COMCAST CORP. $43 is a hold. The company (Nasdaq symbol CMCSA; Consumer sector; Shares outstanding: 3.9 billion; Market cap: $167.7 billion; Dividend yield 2.9%; Takeover Target Rating: Lowest; www.comcast.com) is a global media business with five main businesses: Residential Connectivity & Platforms (cable TV systems), Business Services Connectivity, Media… Read More
On April 3, 2020, aerospace and military equipment maker RTX Corp. (formerly called Raytheon Technologies, New York symbol RTX) spun off its Otis (elevators) and Carrier (heating and air conditioning equipment) businesses. For each UTX share they held, investors received 0.5 of a share in… Read More
LAMB WESTON HOLDINGS INC. $76 is a buy. The company (New York symbol LW; Consumer sector; Shares outstanding: 142.6 million; Market cap: $10.8 billion; Dividend yield: 1.9%; Takeover Target Rating: Highest; www.lambweston.com) is a leading producer of frozen french fries, potatoes and other packaged vegetables.
Lamb Weston’s sales and earnings… Read More
These two medical-related spinoffs have struggled since they became separate companies. That has attracted the interest of activist investors. While that attention improves the prospects of both firms, we see better opportunities elsewhere.
KENVUE INC. $24 is a hold. The company (New York symbol KVUE; Consumer sector; Shares… Read More
Learn everything you need to know in '7 Winning Strategies for Dividend Investors' FREE Special Report from The Successful Investor.
The Best Canadian Dividend Stocks to Buy: REITS Canada and other Top Canadian Dividend Stocks.
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What personal information do we collect?
The information we receive from customers helps us personalize and continually improve your online experience at TSI Network. TSI Network may collect personal information online for all legal purposes, which include, but are not limited to:
Information You Give Us: We receive and store any information you enter on our website or give us in any other way through sign-up forms or ordering forms for publications and services. You can choose not to provide certain information, but then you might not be able to take advantage of many of our services and features. We use the information that you provide for such purposes as responding to your requests, customizing your web browsing experience for you, improving our website, and communicating with you.
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Does TSI Network Use the Information It Receives?
"Contact Us" and Comment Features: TSI Network encourages visitors to its websites to contact us with questions and comments. Email addresses and other information of persons using these features may be collected in order to facilitate our responses to those inquiries.
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Except as provided herein, TSI Network will not sell or rent personal information about you to unaffiliated third parties.
We may disclose personal information you have provided through our websites, for the above purposes, to persons or companies that we retain to carry out and other activities for which you have registered or in which you have otherwise asked to participate. In particular, we may for these purposes transfer information to any country (including the USA and other countries which may not offer the same level of data protection as Canada). We also will disclose personal information if required by law, including compliance with warrants, subpoenas or other legal processes.
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Changes to this Policy
This Policy is the sole authorized statement of TSI Network's practices with respect to the collection of personal information through TSI Network's websites and the subsequent use and disclosure of such information. Any summaries of this Policy generated by third party software or otherwise (for example, in connection with the "Platform for Privacy Preferences" or "P3P") shall have no legal effect, are in no way binding upon TSI Network, shall not be relied upon in substitute for this Policy, and neither supersede nor modify this Policy.
TSI Network may revise this Policy from time to time.
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