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

  • SHAREHOLDER AMOUNT OF CAPITAL (TRY) SHARE IN CAPITAL (%) Türkiye İş Bankası AŞ 1,554 50.70285 Listed Shares 1,325 43.23611 Efes Holding A.Ş. 185 6.04047 Islamic Development Bank 1 0.02056 TOTAL 3,064 100.00 As per the provisions of the CMB Communiqué on Xxxxxx and Demerger (II-23.2), Article 7, "Valuation Expert's Opinion", Valuation Expert's Opinion has been prepared in consideration of 4 valuation methods, depending on the characteristics of Parties.

  • This report dated 27.04.2020 was prepared by PwC Yönetim Danışmanlığı A.Ş., in line with the provisions of CMB's Communiqué on Merger and Demerger (II-23.2), Article 7, "Valuation Expert's Opinion".

  • Additionally, as being subject to the same approvals and permits, two new articles will be inserted to ŞİŞECAM's Articles of Association: (I) Article 33, "Transfer of Shares or Share Certificates", and (ii) Article 34, “Xxxxxx and Demerger Provisions".


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