French government officials and some industry analysts have suggested the two airlines are moving toward a form of merger, possibly through the creation of a holding company in which both airlines' shareholders would have a stake.
"Within Bayer the creation of the holding company is seen as a significant cultural change," Mr. Cox said, "but I am skeptical as to whether it will deliver value to shareholders".
After backing away from a plan to spin off or sell its pharmaceuticals division last year, Bayer is instead pursuing the creation of a holding company with four independent units: health care, agriculture, polymers and chemicals.
The Financial Times reported today that a merger of the German and British companies would probably be effected through the creation of a holding company based in the Netherlands for tax reasons.
Nonetheless, that is how Hermès is seeking to portray LVMH, as it seeks to fend off Arnault's advances, in part, through the creation of a holding company that locks up a 51% controlling stake and makes a takeover of the company virtually impossible.
[C9.] Investing in the 'Post-PC World' A group of former executives from Microsoft are expected to announce the creation of a holding company to invest in and nurture start-ups focused on what has been called the "post-PC world," a time when the personal computer and Microsoft no longer dominate the technology markets.
A group of former executives from the Microsoft Corporation are expected to announce today the creation of a holding company to invest in and nurture start-ups focused on what has been called the "post-PC world," a time when the personal computer and Microsoft no longer dominate the technology markets.
He is thought to be behind recent changes made to appease unhappy shareholders, which could include the creation of a holding firm to manage the Samsung Electronics business.
The creation of the holding companies led to an arms race between WPP and its main competitors – Publicis, Omnicom, and Interpublic – which often resulted in overpaying for acquisitions.
He is thought to be behind recent changes made to appease unhappy shareholders, which could include the creation of a holding firm to manage the Samsung Electronics business.
