verb[with object] British
Separate (a business) from another, particularly to dissolve an earlier merger: the company announced plans to demerge its multimedia subsidiary [no object]: they demerged from the rest of the firm
More example sentences
- It would almost certainly mean that one of the new demerged businesses would become less attractive to a potential purchaser.
- But in the wake of global collapse in silicon chip prices, the business was demerged earlier this year.
- That document announced plans to take the glass making business private and demerge it from the public company.