While breaking-up is never easy, demergers can release business value that might otherwise be constrained by being part of a larger entity. Mike Tye, CEO of Spirit Pub Company Plc, which was created from the demerger of Punch Taverns, outlines how he has managed the transition of the business to the public markets. This article also features advice from BDO's Philipp Prince on how to deal with a demerger.
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