NewCo

NewCo or Newco is a generic name for proposed corporate spin-off, startup, or subsidiary companies before they are assigned a final name, or to proposed merged companies to distinguish the to-be-formed combined entity with an existing company involved in the merger which may have the same (or a similar) name.^[1] In a handful of cases the new company may retain the name "Newco".

Examples[]

IBM GTS - Managed Infrastructure Services →Kyndryl
3M data storage business→Imation
Atlas Copco Mining and Rock Excavation Technique business area → Epiroc^[2]
AT&T computer hardware subsidiary→NCR
Bayer chemicals operations→Lanxess
BP petrochemicals group→
Ford Motor Company vehicle components division→Visteon
Hewlett-Packard instrumentation division→Agilent Technologies
Karstadt Warenhaus AG merging with Quelle AG→Arcandor^[1]
Northwest Airlines regional operations→Compass Airlines
Merged entity of NBC Universal & Comcast programming assets→ NBCUniversal
RAG Beteiligungs-AG (Degussa, , → Evonik Industries^[1]
liquidated operations oldco to newco→
Siemens semiconductor subsidiary→Infineon
Barnes & Noble's Nook subsidiary → Nook Media ^[3]
DaimlerChrysler MTU Friedrichshafen division →Tognum^[1] (later acquired by Rolls-Royce plc and now the Rolls-Royce Power Systems subsidiary)
Merged entity of T-Mobile USA and MetroPCS → corporate name of T-Mobile US; kept both T-Mobile and MetroPCS (later modified to Metro by T-Mobile) brands^[4]

References[]

^ ^a ^b ^c ^d Bialek, Catrin (2007-09-12). "Konzern investiert Millionen - Die Kunst der Erneuerung" (in German). Handelsblatt. Retrieved 2019-11-24.
^ Copco, Atlas. "All information on Epiroc split from Atlas Copco". Atlas Copco. Retrieved 2019-03-15.
^
{{Citation
- Unit4 Student Management →NewCo
| last = Indvik | first = Lauren | url = http://mashable.com/2012/10/04/nook-media/ | title = Microsoft and B&N Name Joint Venture: Nook Media | publisher = Mashable | date = 4 October 2012 | accessdate = 8 November 2014}}
^ "T-Mobile and MetroPCS Combination Complete - Wireless Revolution Just Beginning". Bonn, Germany and Bellevue, Washington. May 1, 2013. Archived from the original on 2014-10-06. Retrieved 2014-09-30.

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[Bialek_2007-1] Bialek, Catrin (2007-09-12). "Konzern investiert Millionen - Die Kunst der Erneuerung" (in German). Handelsblatt. Retrieved 2019-11-24.

[2] Copco, Atlas. "All information on Epiroc split from Atlas Copco". Atlas Copco. Retrieved 2019-03-15.

[3] {{Citation
Unit4 Student Management →NewCo
| last = Indvik | first = Lauren | url = http://mashable.com/2012/10/04/nook-media/ | title = Microsoft and B&N Name Joint Venture: Nook Media | publisher = Mashable | date = 4 October 2012 | accessdate = 8 November 2014}}

[4] Unit4 Student Management →NewCo

[4] "T-Mobile and MetroPCS Combination Complete - Wireless Revolution Just Beginning". Bonn, Germany and Bellevue, Washington. May 1, 2013. Archived from the original on 2014-10-06. Retrieved 2014-09-30.

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NewCo

Examples[]

See also[]

References[]