Versum Materials (VSM), with a market capitalization of $2.7 billion, enables chipmakers to achieve higher performance at lower cost with enhanced reliability.
Hilton Worldwide Holdings (HLT) will split into three by year-end.
On the first trading day of October, RR Donnelley & Sons (RRD), the owner of the Edgar financial-statement wire service — trading at $23.81 with a market capitalization of $1.7 billion — split
Johnson Controls (JCI) will spin off its automotive interiors unit into a separately traded company on Oct. 31, 2016.
In July, CBS Corp. (CBS) — trading at $52 with a market cap of $23.2 billion — took the first step toward taking public its flagging radio business.
Last summer, Supervalu (SVU), announced plans to spin-off its wholly owned subsidiary Save-A-Lot, a discount grocery retailer.