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A listed company has two subsidiaries, one that is also listed and the other unlisted
A listed company has two subsidiaries, one that is also listed and the other unlisted. It wishes to do a spin-off of the unlisted subsidiary and a merger between the two subsidiaries. This would result in:
(a) An open offer in the listed subsidiary. (b) An IPO for the unlisted subsidiary.
(c) A de-listing offer for the listed subsidiary. (d) One unlisted subsidiary.
(e) One listed subsidiary.
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