“DEMUTUALIZED” на русском языке

However, in modern times many of these old cooperatives have demutualized and converted into stock companies to pursue higher profits.

In addition, however, your insurance company has announced its intention to demutualise and so you may also benefit from a windfall payment.

Beyond these two, there are still a number of smaller mutual building societies, but it is unlikely they will demutualise .

There are disturbing parallels here with the insurance mutuals, building societies and friendly societies that have already demutualised or are actively contemplating demutualisation.

Building societies - the traditional providers of home loans - demutualised and were rapidly bought up by the high street banks.