The reorganisation, the structure of which was discussed by the above boards at their meetings of July 27th, will be carried out through the following transactions:the partial demerger
of Endesa Chile and Chilectra, with the transfer of all their respective assets held in other Latin American countries (i.e.
Tax experts buy Idea's argument, and say using the provisions of the General Anti-Avoidance Rules (GAAR) on court-approved demergers will set a wrong precedent.
Idea Cellular has been issued a tax demand order of Rs1,500 crore on business income arising out of the transfer of telecom licences and other assets from Aditya Birla Telecom as part of the demerger, while ABTL, which is a subsidiary of Idea Cellular, has been served with a tax demand of Rs2,400 crore.
But the researchers found demergers
in TMT and manufacturing outperform other groups.
have also significantly weakened anglophone influence in the executive committee, and for all intents and purposes the West Island is no longer a player in Montreal affairs.
For these businesses, demergers
can lead to more options in terms of sales to trade buyers, management buyouts or a public flotation for at least one of the businesses involved.
This can probably be applied to all large-scale change in organizations including demergers
and will have an impact on the psychological contract between the employee and the employer.
Ahlstrom's Label and Processing business in Brazil (Coated Specialties) was transferred to MunksjE[micro] Oyj through a partial demerger
, which was registered with the Finnish Trade Register on December 2, 2013.
She went on: 'Demergers
can involve splitting trading businesses from other businesses like property investment, which can mean lower capital gains tax and inheritance tax bills in the future.'
But the group, which revealed one-off costs mostly relating to the demerger
process totalled a bigger-than-expected pounds 526 million, said it was now better placed to succeed as it focuses on the DIY and electrical markets.
Tarmac has sold the company helicopter and is on the verge of selling its plush country house headquarters after amassing a staggering pounds 28.4 million demerger
Inchcape is to become purely a motors company as part of a three-way demerger
of existing core businesses unveiled yesterday.