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Are demergers a value opportunity for shareholders?

Are demergers a value opportunity for shareholders? There has been no shortage of recent demerger examples to analyse in Australia with Tabcorp Holdings Ltd (ASX: TAH) spinning off The Lottery Corporation (ASX: TLC) and Woolworths Group (ASX: WOW) and Endeavour Group Ltd (ASX: EDV). There is a veritable mountain of research analysing equity performance post the demerger announcement. So do they actually add value for investors? I cover demergers and the risks in this piece for the ASX. Read here. 

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