demerger
noun[C]
MANAGEMENT(alsode-merger)uk/ˌdiːˈmɜːdʒər/usasituationin which acompanyisdividedinto two or moreparts, or in which acompanyisseparatedfrom alargercompany:
a demerger from sthThe demerger of therestaurantfrom thehotelbusinesswillcreatetwofocusedcompanieseach with veryexcitingprospects.
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