So Blackstone of the US created Southern Cross in its current shape, having disposed of the care-home group's properties.
BBC: The financial lessons of Southern Cross
It would surely be run close by the ghastly low-slung British embassy, now, amazingly, disposed of by some salesman of genius to a German telecoms group.
ECONOMIST: Adieu to a small club in Germany
The target company (or the company whose shares are being disposed of) must be a trading company or the holding company of a trading group.
FORBES: But Why Would Vodafone Owe Tax On Selling The Verizon Stake?
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