The transaction would place about 20 per cent of the unit’s shares in an equity carve-out, people familiar with the process said.

If the parent company wants to fully divest the subsidiary, then an equity carve-out allows a prior evaluation of the subsidiary's market value and creates a credible transaction history.

Equity carve-out (ECO), also known as a split-off IPO or a partial spin-off, is a type of corporate reorganization, in which a company creates a new subsidiary and subsequently IPOs it, while retaining management control.

The pharmaceuticals group, the world’s second largest by market capitalisation, has been talking to bankers about arranging an initial public offering that would look to place up to 19.9 per cent of the unit’s shares in the autumn, in what is known as an equity carve-out or partial spinoff, people familiar with the talks said.

ECO is an umbrella group for many other conservation and environment groups.

Contact the ECO for the most up to date information.

ECO is now making publications available online instead of in microfiche form.

ECO Canada is a member of the national sector council program.

Under the agreement reached between ECO members, the common trade market should be established by 2015.

They say the ECO charge adds £50 to an average domestic bill.

The ECO will only provide help totalling £540million next year.

The status and power of the ECO is growing.

ECO covers the social sciences, humanities, science, business, law, medicine & technology.

ECO relies on funding from membership, grants and donations for its work.

ECO will be funded by the big energy suppliers and they look to implement measures worth around £1.3 billion every year.

The government has said ECO will add £53 to a typical dual fuel bill.

Next there was a problem with the ECO button.

In order to be effective, the ECO office must maintain a degree of independence from the government.

Describe the system of preparing for emergencies used by the ECO.

The sensors, called ECO for short, detect levels of hydrogen.

ECO has learned that seven key countries are wavering and planning to abstain from the vote.

To do so you must write to the ECO within 28 days of receiving your refusal letter.

Make sure you refer to past reports released by the ECO in preparing your analysis.

Need help finding a property?, consider using our free ECO Find service.

They are recognized by ECO Canada as an environmental organization.

Four responded to our request with a total of 12 projects for the ECO to choose from.

They are attracted to ECO Canada for its environmental job board.

Furthermore, the ECO depends upon concerned citizens to bring issues to its attention before being able to take any action.

ECO provides the vessel master, ice pilot and crew.