After taking 30% Conoco oil and gas public office in the largest domestic initial public offering (IPO) in U.S. history, management EI DuPont de Nemours & Co. (DuPont) is considering the question of depriving the remaining interest in Conoco. This should be achieved through a relatively rare deal called corporate "split-off", according to which the company's shareholders will have the opportunity DuPont exchange their shares in DuPont stock Conoco (but, in contrast to the more traditional "spin-off", they do not required to exchange their shares). Management goal of restructuring is to move from its traditional DuPont business energy and chemical to the life sciences (agriculture, biotechnology, and pharmaceuticals). "Hide
by Stuart C. Gilson, Perry L. Fagan Source: Harvard Business School 22 pages. Publication Date: December 12, 2001. Prod. #: 202005-PDF-ENG
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