Vivendi Universal will demerge its US entertainment assets under the Universal brand next year either through a stock market listing or an outright sale, executives at the French company said on Tuesday.Vivendi Universal would probably float a 20%-25 Vivendi Universal will demerge its US entertainment assets...
Cadbury Schweppes has announced that it is to demerge its confectionery and American beverages businesses, although no details were given as to how this will be executed. The move follows the purchase of 3 per cent of group shares by Nelson Peltz. Mr Cadbury Schweppes has...
NOVARTIS MAY BE on the verge of restructuring its agribusiness division after appointing a new head of the operation. The company could also spin off or demerge the business. Its sales have been stagnant, and in recent months even declining, in the NOVARTIS MAY...
Cadbury's share price fell 4.35 per cent on Thursday amid speculation it is now more likely to demerge rather than sell its US beverages division Nathalie Olof-Ors Cadbury's share price fell 4.35 per cent on Thursday amid speculation it is now more likely to...
FMC on track with split-off of FMC Technologies. AGAINST THE backdrop of continuing industry consolidation, certain companies are taking an alternate route, choosing to demerge or split off pieces of their portfolio as independent, publicly tr FMC on track...
Strategic and Interim Management Statement CADBURY SCHWEPPES CONFIRMS INTENTION TO DEMERGE AMERICAS BEVERAGES AND REPORTS STRONG THIRD QUARTER IN CONFECTIONERY Cadbury Schweppes...
ABIX via COMTEX) -- The Australian mining giant, WMC, is planning to demerge the company into two separately listed entities in late 2002. Subject to regulatory approval, WMC Resources will hold the company's copper, gold nickel, uranium and fertilis ABIX via COMTEX) -- The Australian mining...
Moody's has cut its rating on AMP amid fears that a damning internal audit of the Australian insurer's UK fund management arm could derail plans to demerge its UK operations.The credit agency, which downgraded its ratings on the AMP group and other s Moody's has cut...
JP Morgan London ended 1996 in a highly satisfying manner. The bank succeeded in helping Hoechst demerge its large speciality chemicals division and selling it to Swiss chemicals group Clariant. In addition, it had the satisfaction of seeing the failure oJP Morgan London ended 1996 in a highly satisfying manner....
Feb. 11--Sun Pharma's decision to demerge the new drug discovery and the new drug delivery system, portion of its R&D business, will insulate the company's core business from the risks associated with research. It also forces the R&D business Feb. 11--Sun Pharma's decision to demerge the...
The Telecom Commission has decided to demerge Videsh Sanchar Nigam Ltd's VSNL land measuring about 770 acres and will be sending the proposal for approval to the cabinet. A special purpose vehicle SPV is to be constituted, which will hold the land nowThe Telecom Commission has decided to demerge Videsh...
The urge to merge is ever-present in the corporate breast. The urge to demerge, however, is weaker and less likely to result in action. One major reason for this contrast in attitudes is almost primitive. Even a modest acquisition or merger adds visibly to management's power: by the same token,...
Burton Group, the retailer which announced plans to demerge its Debenhams department stores operation last week, has launched a competition to decide the new name of its multiples businesses which include Burton Menswear, Dorothy Perkins, Top Shop and Principles. The competition is open to the public and the...
Oct 12, 2003 (The Sydney Morning Herald - ABIX via COMTEX) AMP is selling its UK assets, but HHG, as it will be known, is actually a good business. It comprises the Henderson Global Investors funds management business and a closed life insurance company that...
Byline: Elizabeth Knight Feb 01, 2007 (The Sydney Morning Herald - ABIX via COMTEX) -- Paul Little, CEO of Australian transport group Toll, is looking to demerge it into separate logistics and infrastructure entities. He had originally planned to create a vertically-integrated freight business...
May 09, 2003 (The Sydney Morning Herald - ABIX via COMTEX) AMP is holding its annual meeting on 15 May 2003. It follows an announcement by AMP that it will demerge its Australian and UK assets and undertake a $A2bn capital raising. Investors responded negatively...
With Cable& Wireless shares almost doubling in price in the past 12 months, opinion is divided among analysts about the merits of buying the stock. But as far as management is concerned, there is clearly still time to back the truck up. While presenting full-year results last...
By Sarah Bridge, Financial Mail on Sunday, London Knight Ridder/Tribune Business News Feb. 23--Six Continents is ready to abandon controversial plans to demerge its hotels and pubs businesses after the threat of a UKpound 7 billion hostile bid from leisure entrepreneur Hugh...
Aug 31, 2003 (Sunday Mail - South Australia - ABIX via COMTEX) In one week, AMP shares have jumped from $A4.61 to $A6.67. This was due to the failed bid by National Australia Bank NAB to increase its stake to 15. Despite the rise, AMP's...
May 09, 2003 (The Age - ABIX via COMTEX) AMP is holding its annual meeting on 15 May 2003. It follows an announcement by AMP that it will demerge its Australian and UK assets and undertake a $A2bn capital raising. Investors responded negatively to ...