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Discover LudwigSentence Opco is not a recognized word in English
If you are referring to an operating company, you can use that phrase. For example: "The opco was acquired by a larger corporation."
Exact(4)
In this structure, a retailer that owned its stores would be split into a retail operating company (opco) and a property company (propco).
Constellation OpCo is a special purpose company [and] is a company registered in Luxembourg and it is registered as permanently established in England for tax purposes only".
HBJ's right-hand man in Doha, Fady Bakhos, said: "Constellation OpCo does not run or manage Intercontinental hotel.
He is also said to be a director of Constellation hotel (OpCo) UK SA, whose stated business is the "running of an hotel business, management of the Intercontinental hotel Park Lane".
Similar(6)
But the opco/propco model fits the modern fashion for making businesses a "pure play" on a particular trend.
The Highfield/NHP split is known in the jargon as the "opco/propco" model (for operating company and property company, respectively).Why is the model used?
The brewer, which has promised to release the value in its property for shareholders, rejected plans to spin off its estate in December by splitting into what is known as an OpCo/PropCo.
On the results, analysts at Matrix said: The market is expecting an update on the property valuation and an improvement on the £10.2bn the company announced in November 2010, but, with no rationale for a move to an 'opco/propco', the changes are not especially relevant, in our view.
The new company, tentatively called the OpCo Energy Company and based in Houston, is expected to be made up of natural gas pipelines and power operations spanning the Americas, including Portland General Electric and Elektro, a Brazilian power company.
Rather than selling each business individually, Enron could pool them into what it had assessed in May as a $10.8 billion collection of power plants, utilities and pipelines called OpCo Energy.
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