Demerger
Corporate, Commercial and Contract Law
A demerger is a corporate-law transaction in which a capital company or cooperative transfers all or part of its assets to other companies in return for shares. It is regulated in Articles 159 et seq. of the Turkish Commercial Code (TTK). In a full demerger the demerging company ceases to exist; in a partial demerger it continues to exist. The shares are given to the shareholders of the demerging company or, in a partial demerger, to the company itself.
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