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

• Should the Trade Sale Procedure not be completed, and should neither the Dissolution Procedure nor the Demerger Procedure have been initiated, the Parties shall discuss in good faith other exit strategies in order to find a common way to dispose of their respective stakes in CF and, indirectly, in Pirelli with a view to maximizing the proceeds of any such disposal, taking also into account the best entrepreneurial interest of Pirelli.

• A., joint stock company with registered office in Xxxxx, Xxxxx Xxxxx x Alberto Pirelli 27, share capital of Euro 426.441.257,20, fully paid-in, tax code, VAT number and registration number at the Companies Register of Milan 02473170153, whose voting shares are listed on the MTA organized and managed by Borsa Italiana S.p.A., and whose shareholding as held by CF fall within the CF Other Assets and Liabilities transferred to Newco through the Demerger.

• Newco was incorporated in the context of the Demerger, being the beneficiary of the CF Other Assets and Liabilities.

• The shares object of the Shareholders Agreement consist in the shareholding held, directly and indirectly, by Newco in Prelios, following the Demerger, equal to 8.111% of the voting share capital.

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 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 this Scheme.

Demerger has the meaning set forth in the recitals.

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 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.