The merger was effected by means of a scheme of arrangement, leaving the original Taylor Woodrow shareholders with 51 % of the new Taylor Wimpey.
22.
Sometimes a " scheme of arrangement " is conceived whereby believers ( investors ) and trustees ( owners ) agree to a settlement of some kind.
23.
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.
24.
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.
25.
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.
26.
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.
27.
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.
28.
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.
29.
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.
30.
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.
