Demerger definition

Demerger means a demerger pursuant to Chapter 17 of the Finnish Companies Act (624/2006 as amended from time to time).

Demerger means the proposed demerger of approximately 80.1% of GSK’s interest in the Consumer Healthcare Business pursuant to the Demerger Agreement and the Demerger Dividend;

Demerger means any arrangement where the entities of a single group are separated into two or more different groups that are no longer consolidated by the same ultimate parent entity.

Examples of Demerger in a sentence

• The Company has no assets or liabilities other than as described in schedule IV of the Demerger Proposal.

• Except in respect of any Excluded Assets and Excluded Liabilities (as each term is defined in the Demerger Proposal) which are and will held by the Company only until the consummation of the Demerger, the Company has no direct or indirect Subsidiaries other than the Ukrainian Group Companies.

More Definitions of Demerger

Demerger means a transaction that involves the disaggregation of a single corporate body into two or more new corporate bodies;

Demerger means the transfer by way of demerger of the Demerged Undertaking of the Demerged Company to the Resulting Company, and the consequent issue of equity shares by the Resulting Company to the shareholders of the Demerged Company as set out in Part II hereof;

Demerger has the meaning set forth in the recitals.

Demerger means the proposed demerger of Cable & Wireless plc as described in the Circular (as defined in article 7 above);

Demerger means the transfer by way of demerger of the demerged undertaking from the Transferor Company to the resulting company.

Demerger has the meaning assigned to such term in the Recitals to this Agreement.

Demerger means the demerger of IN30 from the Enterprise Group.