0 if a company demerges or is demerged, it is divided into two or more parts, or separated from a larger company:
Companies that have demerged usually do well because they can concentrate on their own business.
But equally we must ensure that they have some practical effect and that they are drawn sufficiently liberally to encourage people to demerge.
Companies are now demerging or closing down because they find that to be an excessive burden.
There is much to be learned from that experience, and we should provide many incentives, including tax incentives, for companies to demerge.
There are good cases of companies that have done much better in their demerged condition.
They are being demerged from the merger.
