Tag Archives: split

Exelon to Split Businesses

Utilities subsidiaries “Remain”, while power generation businesses “Spin” off Exelon Corp. announced yesterday that its board of directors has approved a plan to separate Exelon Utilities (RemainCo), comprised of the company’s six regulated electric and gas utilities, and Exelon Generation (SpinCo), its power generation and customer-facing energy businesses into two publicly traded companies. The move […]

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Toshiba Realignment

Four divisions: Infrastructure, Energy, Electronics, Information/Communications Toshiba is splitting its corporation into four subdivisions, the company announced Monday. The decision follows Toshiba’s nuclear division—Westinghouse—filing for bankruptcy March 29. The four subsidiaries will be infrastructure, including water treatment and railways; energy, including thermal and nuclear power; electronics, including data storage; and information and communications. These will take effect in July, […]

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