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English definition of “demerger”

demerger

noun [C] (also de-merger)     /ˌdiːˈmɜːdʒər/ MANAGEMENT
a situation in which a company is divided into two or more parts , or in which a company is separated from a larger company : a demerger from sth The demerger of the restaurant from the hotel business will create two focused companies each with very exciting prospects . → Compare merger
(Definition of demerger noun from the Cambridge Business English Dictionary © Cambridge University Press)
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