97 per cent of the group's members support its plans to demutualise. [Also V n]
Policyholders voted for demutualisation.
English dictionary. 2008.
demutualise — /diˈmjutʃuəlaɪz/ (say dee myoohchoohuhluyz) verb (i) (demutualised, demutualising) (of an organisation) to cease to be a mutual society owned by its members and become a public company owned by its shareholders. Also, demutualize.… …
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