In May 2004 the ONDD decided to transfer its existing short-term credit insurance business to a subsidiary by setting up Ducroire/Delcredere.

1987: upon the death of Marcelin Bourdillon, his three children decided to manage the businesses in the form of subsidiaries.

In the second half of 2016, BASF intends to carve out its pigments business and establish separate legal entities.

1987: upon the death of Marcelin Bourdillon, his three children decided to manage the businesses in the form of subsidiaries.

He takes responsibility for the creation of the Fund, can the spin off in a management company.

The Bolivian NGO PRODEM, created in 1986, decided to “spin off” its microfinance activities into a bank by creating Banco Solidario SA, better known as BancoSol .

Though the original intention was to spin Costa off over the next two years, Coca Cola’s direct offer made better financial sense.

Spinning off activities that fall under the agency’s public interest mission as defined in the first two articles of its Statute would result in the weakening of AFP’s editorial, technical and administrative independence.

In order to meet the new requirements of the European regulations for medical devices, LNE has decided to subsidiaries its medical device certification activity by creating GMED SAS.

The Bolivian NGO PRODEM, created in 1986, decided to “spin off” its microfinance activities into a bank by creating Banco Solidario SA, better known as BancoSol .

The Bolivian NGO PRODEM, created in 1986, decided to “spin off” its microfinance activities into a bank by creating Banco Solidario SA, better known as BancoSol .

The Bolivian NGO PRODEM, created in 1986, decided to “spin off” its microfinance activities into a bank by creating Banco Solidario SA, better known as BancoSol .

But this public interest mission is recognized only for a limited period (10 years) and within certain limits: AFP is being pushed to develop activities that do not relate to its public interest mission and to spin them off into subsidiaries.

The French legislation initially stipulated only the separation of proprietary market activities, leaving market making within the parent company.