TalkTalk sells Business Direct unit to shareholders for £95m amid demerger strategy By Investing.com

[ad_1] Investing.com  |  Editor Hari G Published Oct 03, 2023 11:39AM ET UK-based broadband ISP, TalkTalk, has sold its Business Direct unit to TFP Telecoms Limited, a special purpose vehicle controlled by its…

Vedanta demerger of operations on cards: Aluminum, steel, oil businesses may be listed separately, says report

[ad_1] Vedanta Ltd, controlled by metal and mining mogul Anil Agarwal, is reportedly closing a deal to demerge its businesses into several listed entities. The company has informed its lenders…

ITC’s hotels: Behind ITC’s hotels demerger

[ad_1] Last month, the board of directors at ITC cleared the demerger of its hotels division, kicking off an important — and long-awaited — transition for the cigarette-to-FMCG diversified conglomerate,…

RIL fixes July 20 as record date for share allotment in demerger process

[ad_1] The Competition in the financial services segment is set to soar up as Reliance Industries Ltd (RIL) on Saturday fixed July 20 as the record date for allotment of…

Investec expects 189 million pounds from asset management spin-off in March

[ad_1] JOHANNESBURG/LONDON (Reuters) – Anglo-South African financial services group Investec INVP.LINLJ.J expects to raise about 189 million pounds from the sale of around 10% of its asset management business, which…

HHV announces demerger plan to create simplified corporate structure

[ad_1] Bengaluru-based Hind High Vacuum Co. Pvt. Ltd. (HHV), a thin film and vacuum technology company, has announced a demerger plan to create a simplified corporate structure. The revised structure…

RIL promoters, shareholders approve demerger of financial services arm

[ad_1] News Business Companies RIL promoters, shareholders approve demerger of financial services arm Mukesh Ambani-led Reliance Industries said that the group received the approval of its shareholders and promoters to…