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Manufacturer of electrical components NKT A/S (CPH:NKT) announced on Monday the signing by its board of directors of a plan for a demerger of the company.
Post the initiation of demerger process, the Indian arm of Dubai-based Emaar Properties has expedited construction on its 44 ongoing projects in Haryana and will deliver 11,000 flats in next 16-17 months beginning with over 3,000 units in the year 2017 itself.
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.
The firm has asked the court to announce Alumina's rights with association to the demerger.
Nordea Bank Finland Plc has said that its shareholders have approved the previously announced demerger plan at the extraordinary general meeting on March 3, 2016.
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 appointed date for the demerger is April 1, 2015, and the demerger is expected to be completed within the next six to nine months.
DTZ, which has an office in Newcastle, is to become a standalone company as its parent, UGL Limited, pursues a demerger.
Brisbane, Australia, April 3, 2013 - (ABN Newswire) - As part of the demerger of Talon Petroleum Limited (ASX:TPD) from Texon Petroleum Ltd (ASX:TXN), a ruling was sought from the Australian Taxation Office (ATO) on the taxation implications for shareholders.
CAIRO: Orascom Construction Industries (OCI) said it is planning a demerger of its construction business from its fertilizer venture, according to a statement.