Betekenis van:
hive off

Werkwoord

Voorbeeldzinnen

1. Compensatory measures can take different forms, such as a hive‐off of assets or subsidiaries or the closure of capacity.
2. As regards HB the hive-off was already envisaged in the original IBP, see recital (59) above.
3. It should be noted here that a commitment was given in the course of the procedure to hive off the entire real estate services business from BGB.
4. The Commission therefore accepts that the favourable treatment was brought to an end with the hive-off of the special-purpose assets on 1 June 2003.
5. In the summer of 2002 Germany offered to hive the real estate services business off from BGB and to transfer it to the Land of Berlin.
6. Prior to granting the loan, the IDA had commissioned a study from an independent expert in order to establish the value of PZL Wrocław once the hive-off from PZL Hydral had been completed (see point 66).
7. While the crucial issue as regards the extension of recovery is whether a hive-off removed resources from the bankrupt undertaking’s assets [63], this is irrelevant in an intra-group scenario as indicated above.
8. With IBB's hive-off from LBB on 1 September 2004, the special-purpose reserve was transferred back to the Land of Berlin, and €1,1 billion of it was transferred to two silent partnerships held by the Land in LBB.
9. The plans provide for the reduction of capacities, the hive-off of company property, the closing of unprofitable subsidiaries, the reduction of negative operating results, measures to reduce costs and optimise distribution and the search for a strategic partner.
10. Furthermore, the hive‐off of Berliner Bank would reduce the retail business’s share in the profits of BGB as a whole from a little over [...]** % to around [...]** %, while there would be a corresponding increase in the share of the capital market business from a little over [...]** % to around [...]** %.
11. These insolvency plans are the restructuring or rather the recapitalisation plans (Sanierungspläne) of the Herlitz Group. The plans provide for the reduction of capacities, the hive-off of company property, the closing of unprofitable subsidiaries, the reduction of negative operating results, measures to reduce costs and optimise distribution and the search for a strategic partner.
12. With the opening-up of the Portuguese television market it was decided to hive off the television signals network from the broadcasting activities of RTP and to create a separate legal entity ‘Teledifusora de Portugal’ (TDP) with a capital of PTE 5400 million [7].
13. Even though the hive‐off of IBB’s development/support business cannot be viewed as a compensatory measure in that development business forms part of the public service provided by the Land of Berlin and is not a commercial activity, it is to be noted that a total reduction of roughly a quarter (not taking account of IBB) or just over EUR 40 billion is basically in line with the Commission’s practice in similar cases in the financial services sector.
14. On the basis of the revised medium‐term plan of 24 June 2003, Germany also provided a quantification of the effects of the proposals by the Commission's advisers (e.g. increase in risk provisioning), of the divestment of the real estate services business, to which it was already committed, and the hive‐off of IBB, finding that the medium‐ to long‐term effects of these three measures were insignificant.
15. The return on equity would decline by [...]** percentage points to [...]** % in 2006. This calculation was based on the assumption that Berliner Bank would be sold as an independent bank to maximise the number of bidders, something which would entail higher costs than the sale of assets or of an operating division. Furthermore, the hive‐off of Berliner Bank would reduce the retail business’s share in the profits of BGB as a whole from a little over [...]** % to around [...]** %, while there would be a corresponding increase in the share of the capital market business from a little over [...]** % to around [...]** %.