Sentences with phrase «allowed majority shareholder»
Run by a US - educated Kurdish financier, Baghdad - based Rabee Securities ran the only significant deal on the Iraq Stock Exchange last year when it listed Asiacell Telecommunications to allow majority shareholder Qatar Telecom to acquire minority interests for $ 1.3 billion.
https://www.gfmag.com/ Not exact matches
To solve the ownership issue, shareholders agreed to allow Maclean Hunter to acquire a majority stake in CB Media in 1990, and, in 1994, the magazine was moved from its makeshift warehouse office on Toronto's Esplanade to the Maclean Hunter Building on Bay Street.
«There should not be unequal voting rights as they could allow management or minority share owners to override the wishes or best interests of majority shareholders for personal benefit and compromise accountability, leading to potential entrenchment issues,» Mary Leung, head of advocacy for Asia at CFA Institute, an association of investment professionals, said in a statement.
In particular, companies should be allowed to introduce dual - class shares after they have gone public, subject to a majority - of - minority shareholder vote.
«Since I am the founder and majority shareholder of Uphold and co-founder and majority shareholder of Voxelus, this allows me to combine the best innovations from both companies.»
Without actually raising new capital, the deal allowed Qatar Telecom QSC, Asiacell's majority shareholder, to buy $ 1.3 billion in equity from existing shareholders.
And many corporations that have adopted some sort of majority voting have adopted policies that nevertheless allow incumbent directors to remain on corporate boards even if their reelection was opposed by a majority of shareholders.
Dangote would transform arsenal into world beaters and end this penny pinching in transfers.The current majority shareholder does not love, football he does not allow Wenger to risk money in big transfers.Wenger is handcuffed in transfers but he cant complain to save his job,
Celtic's majority shareholder Dermot Desmond has announced that the Scottish side will allow Brendan Rodgers to speak to Arsenal if asked (via S...
Celtic will allow Arsenal to approach Brendan Rodgers, says club's majority shareholder Dermot Desmond
If a majority of shareholders accept our tender offer (including shares already owned by the offeror and its affiliates), we do not believe that even this Board will stand in the way of allowing a majority of its shareholders from accepting this premium if they wish to do so.
He proposes a federal law that allows shareholders to vote by simple majority to migrate the company from its state of incorporation to more shareholder - friendly states.