Demutualisation

The process whereby a mutual organisation owned by its members, such as a building society, converts to a public limited company owned by its shareholders.

demutualisation

Conversion process by which mutually held organisations become publicly listed companies. Examples include building societies, such as the Halifax, converting to banks.

demutualisation

The process by which a mutual organisation owned by its members, such as a building society or insurance company, converts to a public limited company owned by its shareholders. For example, Norwich Union demutualised and floated on the London Stock Exchange in 1997
Found on http://www.aviva.com/glossary/

demutualisation

Refers to the process whereby a mutually owned financial institution, for instance an insurance company, is being converted into a stock company. Members usually receive shares in the new company, and in some cases a cash windfall, in exchange for their ownership rights.
Found on http://www.encyclo.co.uk/local/20197

Demutualisation

The process by which building societies and mutual insurers convert themselves from mutual... <a target=_blank href='http://www.finance-glossary.com/terms/demutualisation.htm?id=1654&ginPtrCode=00000&PopupMode=false' title='Read full definition of demutualisation'>more</a>
Found on http://www.finance-glossary.com/pages/home.htm

Demutualisation

The process of floating a mutual society onto the stock market, in the process usually generating a windfall bonus for its members
Found on http://www.encyclo.co.uk/local/20202
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