Chorion to continue with split but will not be rushed

clock

By Jeff Kimber Chorion is resisting institutional pressure to split into two separately listed co...

By Jeff Kimber Chorion is resisting institutional pressure to split into two separately listed companies. Chairman John Conlan says although a demerger is on the cards, he refuses to be rushed into splitting the intellectual property (IP) and bars and nightclubs company. "We moved in here about three years ago to pick up the mess left from the Trocadero demerger from Burford. It was demerged without a proper management, without a proper plan. We could demerge tomorrow morning but where does it go from there? We've made a lot of progress, but it's not quite ready yet. "Splitting the busi...

To continue reading this article...

Join Investment Week for free

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
  • Get ahead of regulatory and technological changes affecting fund management
  • Important and breaking news stories selected by the editors delivered straight to your inbox each day
  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
  • Be the first to hear about our extensive events schedule and awards programmes

Join now

 

Already an Investment Week
member?

Login

Trustpilot