Under the terms of the proposal, the company would retain direct majority control of the paints business by separating it into a new legal entity called AkzoNobel Pakistan Limited through a de-merger
process approved by the shareholders of ICI Pakistan and sanctioned by the Pakistani courts.
AkzoNobel would retain direct majority control of the paints business by separating it into a new legal entity--AkzoNobel Pakistan Limited--through a de-merger
process approved by the Pakistani courts.
Employees have had a challenging 18 months that have included a de-merger
from its previous sister company SCM Pharma, the sale of the business to new owners and the external pressures of the recession.
A significant part of this change is the de-merger
and transfer of Engros expanding fertilizer business into a separate wholly owned subsidiary, named Engro Fertilizers Limited.
Earlier he was the CFO of The Australian Gas Light Company, acting as its interim CEO during its de-merger
process in 2006.
6m due to the increased activity following the de-merger
from Norwegian pharma company Photocure ASA (OSL: PHO) in 2008.
A senior partner involved in the de-merger
of a Stockton law firm has claimed the move will not spark a flurry of legal firms going private.
Shareholders in Friends Provident have voted overwhelmingly in favour of the de-merger
of Friends' 52 per cent of F& C Asset Management, clearing the way for many of the life company's 700,000 shareholders to receive cash instead of F& C shares.
We were brought in as consultants after the fact to help Firm D solve its staffing shortages as a result of the de-merger
This report indicated that there was a de-merger
in August 2001, when Woolworths was detached from the retail conglomerate Kingfisher.
It said it would decide on the proposed de-merger
of its Trillium outsourcing and infrastructure business when market conditions were right.
These shares are to be transferred to Agrupacion Aeroportuaria Internacional SA de CV, which is an entity controlled by Chico Pardo, pursuant to a De-Merger
Letter Agreement between Chico Pardo and ITA's other shareholder, Copenhagen Airports A/S.