scheme of arrangement in a sentence
Examples
- The merger was effected by means of a scheme of arrangement, leaving the original Taylor Woodrow shareholders with 51 % of the new Taylor Wimpey.
- Sometimes a " scheme of arrangement " is conceived whereby believers ( investors ) and trustees ( owners ) agree to a settlement of some kind.
- Hence, AdSteam organised an " arrangement " with the 200 banks, and in 1991 the Adsteam group was placed under an informal, receivership-type scheme of arrangement.
- Subsequently, a Scheme of Arrangement was filed with the Madras High Court for Demerger of Financial Undertaking ( the lending business of IDFC ) to IDFC Bank.
- The purchase of Xansa was completed via a scheme of arrangement by Steria on 17 October 2007 and the company was delisted from the London Stock Exchange.
- It also suggests removing the requirement that the terms of the scheme of arrangement must be fair and reasonable in the opinion of an independent financial adviser.
- RHB Holdings is a holding company to be created for RHB Sakura Merchant Bankers Bhd under a scheme of arrangements pursuant to Section 176 of the Companies Act.
- On 2 October Emerald Energy announced the results of an EGM, where a clear majority of 99 % of shareholders voted to approve the sale's scheme of arrangement.
- RHB Holdings is a holding company to be created for RHB Sakura Merchant Bankers Bhd under a scheme of arrangement pursuant to Section 176 of the Companies Act.
- Schemes of arrangement are used to execute arbitrary changes in the structure of a business and thus are used when a reorganisation cannot be achieved by other means.