GrainCorp also advises that it has commenced an international search for a successor to Mark Palmquist as Managing Director & CEO of the Company following Mr Palmquist's future appointment to Managing Director & CEO of MaltCo following implementation of the Demerger
. The search
The completion of the demerger
was registered with the Finnish Trade Register on 30 June 2019.
After the demerger
, the minority shareholders will be issued one share of APPSIL, which will be listed on the stock exchanges, for every five shares held in ABB India, the company said in regulatory filings at stock exchanges.
Commonwealth Bank of Australia (CBA: ASX) has put its demerger
plans on hold.
The takeover of Raiffeisen Bank Polskas core business by Bank BGZ involved the acquisition by Bank BGZs controlling shareholder, BNP Paribas SA (BNP Paribas), of a major stake in Raiffeisen Bank Polska and the subsequent demerger
of Raiffeisen Bank Polska by way of the carve-out of Raiffeisen Bank Polskas core business to BGZ BNP Paribas.
(FHL) said its board had approved demerger
of its hospitals business, which will be acquired by Manipal Hospitals and TPG Capital, along with the sale of 20 percent stake in diagnostics chain SRL Ltd, in a Rs 3,900-crore deal.
This implies that all assets, liabilities and reserves of Danske Bank Plc's mortgage credit banking business will be transferred to an acquiring company wholly owned by Danske Bank A/S to be incorporated in conjunction with the demerger
Gocompare - whose TV adverts feature moustachioed opera singer Gio Compario - is expected to be worth as much as PS400m when it floats on the stock market after the demerger
As a result of the demerger
, eligible BHP shareholders received one South32 share for each BHP Billiton share held.
OCI NV has started proceedings for the demerger
engineering and construction business from its fertilizer and chemicals business, a move initially announced by the board in November 2014.
" The demerger
will provide these businesses, which are currently in their growth and development phases, sharpened focus to fulfil their tremendous potential," Singh, the promoter and chairman, said.
DTZ, which has an office in Newcastle, is to become a standalone company as its parent, UGL Limited, pursues a demerger