A “hive-up” is an intra-group transfer of a business from a subsidiary company to its parent. It is the transfer of assets and the assumption of liabilities which constitute the business being transferred, rather than a transfer of the shares in the company.

Mar 7, 2025 · A hive up is a reorganisation within a group of companies whereby the assets and business of a subsidiary are transferred up into the parent company. A hive down is the transfer of all or part of the assets or business of a company to a subsidiary – usually a new subsidiary.

The term ‘hive up’ is commonly used to describe a type of reorganisation within a group of companies where the net assets of, and business undertaken by, a subsidiary are transferred up into the parent company.

Jul 30, 2024 · Explore essential factors, tax implications, and strategic considerations for effective group hive-ups following share purchases. Mergers and acquisitions often lead to complex restructuring activities, one of which is the group hive-up.

A form of intra-group reorganisation in which the target business and sale assets are transferred by a subsidiary to a parent company. The transfer agreement is often termed a hive-up agreement. See also Hive down. For more information, see Practice notes, Intra-group reorganisations: overview and Intra-group reorganisations toolkit.

Hive Up Agreement means the sale and purchase agreement dated on or about the date of this Agreement the date of this Agreement relating to the sale by Target and the purchase by the Borrower of the Target Assets and made between Target and the Borrower.

Agreement to transfer trade, assets and undertaking required. Valuations will need to be considered to ensure that assets are transferred at the correct value for tax and accounting purposes. Undisclosed/disclosed agency agreements to be drawn up if applicable.

Hive up A form of intra-group reorganisation in which the target business and sale assets are transferred by a subsidiary to a parent company . The transfer agreement is often termed a hive-up agreement.

Nov 26, 2024 · What is a hive up or a hive down? Hiving up and hiving down are corporate restructuring techniques used to reorganise business assets and liabilities within a group of companies. Hiving up - involves transferring assets and liabilities from a subsidiary company to its parent company.

Hive Up means a reorganisation by way of a scheme of arrangement (other than in an insolvency) or otherwise under which Vodafone becomes a Subsidiary of NewTopco, NewTopco controls (directly or indirectly) all of the voting rights in Vodafone (other than any voting rights in Vodafone in respect of the 50,000 7 per cent.