scheme of arrangement

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Tethys also provides an update to its announcement of July 23, 2019 regarding closing of the Scheme of Arrangement.
The Supreme Court of Western Australia approved the dispatch of MOD Resources' scheme booklet on Tuesday and ordered that a shareholder meeting be convened to consider and approve the scheme of arrangement.
Boston Scientific announced the completion of its acquisition of BTG pursuant to the previously announced scheme of arrangement. Upon the effectiveness of the scheme of arrangement, BTG became a wholly-owned subsidiary of Boston Scientific, and BTG shares no longer trade on the London Stock Exchange.
ENPNewswire-July 31, 2019--Realm Therapeutics plc - Court sanction of Scheme of Arrangement Acquisition expected to become effective 31 July 2019
The assets and liabilities of the securities segment of the then Khadim Ali Shah Bukhari and Company Limited under the scheme of arrangement approved by the High Court of Sindh.
According to Bharti Airtel, the scheme of arrangement for its merger with the consumer business of TTSL has become effective from Monday.
It is intended that the Acquisition will be effected by means of a Court-sanctioned scheme of arrangement (the Scheme) between PTSG and the PTSG Shareholders under Part 26 of the Companies Act 2006.
The acquisition is intended to be implemented by means of a United Kingdom Court-sanctioned scheme of arrangement under Part 26 of the UK Companies Act 2006 and is expected to be completed by mid-year 2019.
Completion of the transaction, which is expected to occur in April, remains subject to court approval pursuant to a UK court-sanctioned scheme of arrangement and other customary closing conditions.
Further, the transaction that remains subject to court approval under a UK court-sanctioned scheme of arrangement and other customary closing conditions, will occur in April.
The notification stated the scheme of arrangement for the merger would be presented to the board in due course for the go-ahead and remains subject to obtaining all requisite permissions/approvals and its sanctioning by the honourable Lahore High Court, Lahore and subject to fulfilment of all requisite legal requirements.
A scheme of arrangement is a process which empowers companies to enter an array of binding arrangements and agreements with its shareholders and/or creditors as classes.