Meaning of “demerger” in the English Dictionary

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"demerger" in Business English

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demergernoun [ C ]

also de-merger uk /ˌdiːˈmɜːdʒər/ us 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.

(Definition of “demerger” from the Cambridge Business English Dictionary © Cambridge University Press)