demerger
Speech parts
1. demerger - Noun
2. demerger - Verb
Meaning
A partial or complete reversal of a previous merger.
The disposal of subsidiaries or divisions of a company.
demerger (third-person singular simple present demergers, present participle demergering, simple past and past participle demergered)
Synonym of demerge (“to reverse a business merger”)
Synonyms
Examples
After the demerger on December 31, 2013, the pulp, paper and power businesses of Metso formed the new Valmet Corporation, while the mining and construction and automation businesses remained with Metso.
On 17 November 2001 Manx Telecom became part of mmO 2 following the demerger of BT Wireless 's operations from BT Group, and the company was owned by Telefónica.
The terms " demerger ", " spin-off " and "spin-out" are sometimes used to indicate a situation where one company splits into two, generating a second company which may or may not become separately listed on a stock exchange.