V, the leading mutual insurer, has set up a joint-stock company, though not a publicly traded one.

ECONOMIST: Demutualisation in Germany

LB, which is already a joint-stock company, but two groups of Sparkassen would still own most of the bank.

ECONOMIST: German public-sector banks: Slow progress | The

He ended up at Tianjin Lishen Battery Joint-Stock Company.

NEWYORKER: Green Giant

Another insurance mutual, Alte Leipziger, has organised a joint-stock holding company which, executives say, may eventually be listed on the stock exchange.

ECONOMIST: Demutualisation in Germany