demerger
/diːˈmɜːrdʒər/
noun
- The separation of a company into two or more independent businesses, often by selling off part of the company.
- The board voted in favor of a demerger to focus on the company's core products.
- After the demerger, the new software division became a separate publicly traded firm.
- Investors reacted positively to the announcement of the demerger, hoping it would increase shareholder value.
Synonyms