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Telstra to form new holding company, split into four divisions – Sydney Morning Herald

Telstra will establish a new holding company and separate its international division into a new subsidiary as it moves ahead with its biggest restructure since…

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Telecommunications giant Telstra will establish a new holding company and separate its international division into a new subsidiary as it moves ahead with its biggest restructure since privatisation.
Telstra shareholders will have their holdings transferred to the new entity under a scheme of arrangement that will be voted on at the companys annual general meeting in October. There will be no changes to their ownership levels as part of the restructure, which will split the company into four divisions…

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