Sentences with phrase «ariba shareholder approval»

It now plans to seek shareholder approval for the sale on May 23 and appoint advisers, it said in a notice to investors.

Exploration firm Energia Minerals says it has received shareholder approval to place $ 6 million towards its flagship Gorno zinc project in Italy, with pre-development activities planned to begin within six weeks.

Perth company OTOC has joined TFS Corporation in receiving shareholder approval for a name change and rebranding, which both companies say will more accurately reflect their business models.

The activist fund argues it was dilutive and the company did not get sufficient shareholder approval.

The company is headlined by Alan Stein and Jon Taylor, both of whom will join the Azonto board as Managing Director and Technical Director after Azonto receives shareholder approval to change its name to Calima Energy.

Consultants are now accountable directly to compensation committees, not the CEO, to recommend to shareholders the approval of executive compensation.

SINGAPORE, April 29 - Noble Group will set a date for a special meeting to seek shareholder approval for a $ 3.4 billion debt restructuring after a Singapore court blocked its scheduled annual meeting following legal action by a dissident shareholder.

Delaware law is pretty loose when it comes to shareholder approval.

Meanwhile, Metcash has gained shareholder approval for the buy - out of its South African parent, 52 per cent shareholder, Metoz.

As Weston holds approximately 63 % of Loblaw's common shares, Loblaw expects that the TSX will accept Weston's agreement to support the transaction as evidence of shareholder approval and not require Loblaw to hold a shareholder meeting.

Former rare earths market darling Lynas Corp is deep in talks with its largest bondholder about a potential debt - to - equity conversion for which it will seek shareholder approval in November.

CVS Health and Aetna have each scheduled shareholder meetings on March 20 seek shareholder approval of the deal.

By the end of 2018, the newly named Arq Group (the name change is pending shareholder approval on May 28) will also have grown its workforce from only 70 people four years ago to 1100.

The sale is still pending majority shareholder approval, but investors representing 46 % have already indicated that they'll vote in favor.

As described below, our company's practice is to submit the MIP for shareholder approval at least every five years in order to comply with Section 162 (m) of the Internal Revenue Code.

Shares of First Cobalt have doubled in value since the company received shareholder approval for a three - way merger

On Wednesday, Chancellor Leo Strine of Chancery Court gave companies a powerful incentive to build both independent board review and minority shareholder approval into the going - private process, writing new law that should boost shareholder protections.

Actual results may vary materially from those expressed or implied by forward - looking statements based on a number of factors, including, without limitation: (1) risks related to the consummation of the Merger, including the risks that (a) the Merger may not be consummated within the anticipated time period, or at all, (b) the parties may fail to obtain shareholder approval of the Merger Agreement, (c) the parties may fail to secure the termination or expiration of any waiting period applicable under the HSR Act, (d) other conditions to the consummation of the Merger under the Merger Agreement may not be satisfied, (e) all or part of Arby's financing may not become available, and (f) the significant limitations on remedies contained in the Merger Agreement may limit or entirely prevent BWW from specifically enforcing Arby's obligations under the Merger Agreement or recovering damages for any breach by Arby's; (2) the effects that any termination of the Merger Agreement may have on BWW or its business, including the risks that (a) BWW's stock price may decline significantly if the Merger is not completed, (b) the Merger Agreement may be terminated in circumstances requiring BWW to pay Arby's a termination fee of $ 74 million, or (c) the circumstances of the termination, including the possible imposition of a 12 - month tail period during which the termination fee could be payable upon certain subsequent transactions, may have a chilling effect on alternatives to the Merger; (3) the effects that the announcement or pendency of the Merger may have on BWW and its business, including the risks that as a result (a) BWW's business, operating results or stock price may suffer, (b) BWW's current plans and operations may be disrupted, (c) BWW's ability to retain or recruit key employees may be adversely affected, (d) BWW's business relationships (including, customers, franchisees and suppliers) may be adversely affected, or (e) BWW's management's or employees» attention may be diverted from other important matters; (4) the effect of limitations that the Merger Agreement places on BWW's ability to operate its business, return capital to shareholders or engage in alternative transactions; (5) the nature, cost and outcome of pending and future litigation and other legal proceedings, including any such proceedings related to the Merger and instituted against BWW and others; (6) the risk that the Merger and related transactions may involve unexpected costs, liabilities or delays; (7) other economic, business, competitive, legal, regulatory, and / or tax factors; and (8) other factors described under the heading «Risk Factors» in Part I, Item 1A of BWW's Annual Report on Form 10 - K for the fiscal year ended December 25, 2016, as updated or supplemented by subsequent reports that BWW has filed or files with the SEC.

A: While we review plans on a case - by - case basis, plans that contain the explicit authority to reprice, exchange or buyout underwater options without shareholder approval will almost always lead us to recommend against the plan.

While the proposal at the 2015 AGM received 67.4 % shareholder approval, the 2016 AGM looks to continue the Company's preferred approach of sticking to old habits that die hard rather than addressing underlying shareholder concerns, as it has again chosen not to disclose the maximum discount rate.

Shareholders responded with only 59.8 % shareholder approval on the general mandate proposal.

BAC NYSE — April 27, 2016 It has been less than a year since Bank of America sought and received shareholder approval to unify the positions of CEO and chairman under the leadership of Brian Moynihan.

By: Marleny Arnoldi 25th April 2018 Diversified miner Exxaro Resources is seeking shareholder approval to monetise its remaining stake in US mineral sands company Tronox.

Soon - Shiong's best shot at winning shareholder approval for a buyout bid would have included a proxy battle, offering up his own slate of directors at Tronc's annual meeting next month.

Tokyo Stock Exchange: 2587 Meeting Date: 3/27/2015 Suntory Beverage & Food Limited is one of the first Japanese companies to seek shareholder approval to shift -LSB-...]

According to management, the deal is expected to generate free cash flow of more than $ 4 billion in 2015, and some $ 1 billion in operating and tax synergies three years following the closing, which is currently scheduled for mid-2014 pending shareholder approval and other customary conditions.

It seems that one half of the equity injection was subject to shareholder approval and shareholders thought that Warren got his shares too cheap.

Alignvest Acquisition Corporation Announces Shareholder Approval Of Qualifying Transaction With Trilogy International Partners LLC

If a stock goes from $ 100 to $ 20 and then stays at $ 20 for a few years and then you offer to take it over at $ 30 - in a big, liquid stock you'll have a very real chance of getting overwhelming shareholder approval from an offer that wouldn't be entertained by a handful of owners of a privately held business.

The Company will seek a waiver from NYSE American's shareholder approval requirements in circumstances where the securities issuance does not trigger such a requirement under British Columbia law or under the rules of the Toronto Stock Exchange.

That plan, which requires shareholder approval, could see 13 million options granted.

Companies announce mergers for shareholder approval far in advance of any formal agreements.

Shareholder Approval Requirements: NYSE American requires a listed company to obtain the approval of its shareholders for certain types of securities issuances, including private placements that may result in the issuance of common shares (or securities convertible into common shares) equal to 20 % or more of presently outstanding shares for less than the greater of book or market value of the shares.

However, Ms Lacaze told The Australian Financial Review if two of the largest bondholders, Mt Kellett and Fortress, which formed a strategic alliance in 2015, were to convert 100 per cent of the bonds and exercise all of their warrants they would emerge with more than 40 per cent of the company's equity but she added a further shareholder approval would have to be sought for a conversion of that extent.

Primary Opinion intends to raise up to $ 25 million at an issue price of «no more» than 5 cents per share as part of the overall transaction and will need shareholder approval because of the sharp u-turn in the nature of its activities.

A second placement of 35 million shares to Ms McBain requires shareholder approval.

The Indonesian deal is conditional on shareholder approval at a meeting in February and will be reviewed by an independent expert.

Treasury Wine Estates is seeking shareholder approval to grant chief executive Michael Clarke rights to acquire up to 764,000 shares at no cost if he jumps various hurdles to improve the performance of the winemaker.

CCA would require shareholder approval to sell part of the Indonesian business to TCCC in a related party transaction and would need to convince investors of the short - term and long - term merits of a deal.

Treasury Wine Estates is seeking shareholder approval to grant chief executive Michael Clarke rights to acquire up to 764,000 shares at no cost if the winemaker meets performance hurdles.

«Not all activity requires shareholder approval.

-- Requires any for - profit or non-profit corporation to obtain shareholder approval — at least once a year — prior to making politically - related expenditures and also requires that they file an accounting of that spending with the state Secretary of State.

The deal, assuming it gains all necessary regulatory and shareholder approvals, is expected to close in fiscal third quarter 2016.

Given that Rio Tinto and Mitsubishi Development in aggregate hold more than 20 per cent of Coal & Allied, in accordance with the requirements of the Corporations Act 2001 (Cth), Coal & Allied shareholders (other than Rio Tinto and Mitsubishi Development and their respective subsidiaries) will need to vote to approve the relevant joint bid arrangements between Rio Tinto, Mitsubishi Development and Hunter Valley Resources and their respective related bodies corporate («Coal & Allied Shareholder Approval») before the Scheme can proceed.

Conditions The Scheme is subject to a number of conditions including: • Coal & Allied shareholder approvals • no regulatory action in relation to the Scheme • receipt of regulatory approvals • Foreign Investment Review Board approval • no material adverse change occurring • no prescribed occurrences

And unlike most corporate mergers, it's not a certainty that the deal will win shareholder approval, especially at Tesla.

It was basically, make sure we've got shareholder approval, financing in place, etc., and be able to announce it in Geneva.

Nationwide HighMark Balanced Fund (NWGDX) will, pending shareholder approval, vanish on or about October 23, 2015.

Target is claiming that the clause modifies the entire requirement for shareholder approval.

We previously noted the plan to merge the Royce European Small - Cap and Global Value funds into Royce International Premier, pending shareholder approval.