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Douglas Elliman to separate from Vector, go public

Douglas Elliman's spin-off from parent company Vector Group will allow Elliman to become a standalone, publicly traded company by the end of the year.

Crisis? What crisis? Supply chain snafus be damned, says GXO Logistics...

"We're the magic dust," says Mark Manduca, chief investment officer of the months-old Greenwich firm.

XPO completes spinoff of GXO

In addition, XPO has appointed four new board members, including a former senior adviser to ex-U.S. Secretary of State Mike Pompeo.

XPO Logistics splitting into two publicly traded companies

The Greenwich firm intends to structure the spinoff as a transaction that is tax-free to XPO shareholders and would result in XPO shareholders owning stock in both companies.

Report: Immelt won’t rule out GE Capital spinoff

Speaking at a conference in Sydney, General Electric Co. CEO Jeff Immelt reportedly said the company would consider spinning off its financial services unit, but that there are no current plans to do so.