demutualization
demutualisation BrE

He led the exchange through a demutualization and a listing.

The board called a further members meeting for June 2007 to vote on a demutualization resolution.

Others show that the demutualization process is detrimental to customers.

But major changes are expected to come as slowly as the demutualization, which took two years to plan.

It originated as a retailers' cooperative and began a process of demutualization in 1994.

The second is a demutualization of a mutual organization or cooperative to form a joint stock company.

Demutualization will allow Equitable to raise money by selling shares to investors.

Mutual holding companies are one way to undergo demutualization.

A mutual may convert itself to a non-mutual through the process of demutualization.

"Demutualization would precede any strategic alliances we might seek," he said.

"They managed the most difficult period before demutualization.

In 1998, the board of directors authorized demutualization.

- Swiss RE article on the result of demutualization activity.

Demutualization or privatization is the reverse process.

Such demutualization thus simultaneously diminishes the stock of affordable housing in a given area and increases tax revenue.

Isn't that a reason to oppose demutualization?

The so-called demutualization comes after Equitable has struggled for more than two years to overcome losses and a battered reputation.

The complicated process of demutualization reduced the chances that the sale would be delayed or canceled, analysts and investors said.

Despite including a range of safeguards, farmers were clearly concerned at the risk of losing control; in what was sometimes described as a demutualization.

These took the form of a charitable assignment provision that requires new members to assign any compensation from demutualization to charity.

A list of Washington Mutual acquisitions since demutualization:

In any type of demutualization, insurance policies, outstanding loans, etc., are not directly affected by the organization's change of legal form.

The Hong Kong Exchange underwent similar process of demutualization and was publicly traded.

This led to a wave of consolidation and demutualization amongst Canadian insurers, in an effort to raise capital and cut costs.

In 1994, FTD began a process of demutualization.

Although it may appear like a demutualisation, it is not.

This involved the demutualisation of the society, and generated a windfall payment to its members.

The same can be said form many people who bought privatisation and demutualisation shares.

The process began with the demutualisation of the Abbey National building society in 1989.

Significant demutualisation also occurred in Australia in the same era.

This first demutualisation, dubbed "Share the Future", initially received member approval.

Since demutualisation, unclaimed funds have been allocated to a special account, the insurer said.

He began to look for demutualisation legislation in 2001 with the change in the law coming through in August 2006.

A demutualisation consultant (Ernst and Young) was appointed to advice on the process.

This is a by-product of the demutualisation and other corporate actions in the last 20 years in Australia.

In 2006 demutualisation took place and the company was floated on the London Stock Exchange.

At the same time demutualisation would address the perceived corporate governance issues that centred around the long-standing board conflict.

Today, the society has over 1.5 million members, assets of over £24 billion, and continues to resist any moves towards demutualisation.

In July 2001 it went through a process of demutualisation and was first listed on the London Stock Exchange.

However, demutualisation would give control away from individual members and to institutional investors, with the result that motorists' interests would have less representation in governance.

Scottish Widows has launched an initiative aimed at identifying policyholders who have yet to claim demutualisation payments.

It says it is eager to find these people before March 2010 - 10 years after demutualisation - when time runs out to register a claim.

Any word of regret since the 2010 election for the demutualisation of Building Societies under Thatcher?

Anyone who believes they may be due a demutualisation payment should visit www.scottishwidows.co.uk/unclaimed or call 0845 845 0829 (choose option 1)

These powers have been used by the Britannia in 2009 and Kent Reliance in 2011 leading to their demutualisation.

They claimed that the directors had breached a duty owed to them as shareholders to inform them of the upcoming demutualisation plan.

Following demutualisation the AA Motoring Trust was created in 2002 to continue its public interest and road safety activities.

The demutualisation process was marred by the discovery of a large number of undelivered share certificates awaiting destruction at a contractor's premises.

Demutualisation, whereby members exchanged membership rights for shares in a listed company, allowed funds to be distributed to members without affecting longer term product pricing.

After demutualisation the ASX was the first exchange in the world to have its shares quoted on its own market.