Sentences with phrase «control majority shares»

A consortium of financial institutions that control majority shares in the Agricultural Development Bank (ADB), has pledged its shares, proceeds, entitlement and voting rights to uniBank, a leading wholly - owned Ghanaian bank.

A consortium of financial institutions that control majority shares in the Agricultural Development Bank...

Not exact matches

Porsche is the chairman of Porsche SE, the holding firm through which the Porsche and Piech families control the majority of VW's voting shares.

Kalanick had good reason to think he could count on the support of Uber's shareholders: He owns the biggest individual stake and controls a majority of the super-voting shares, making his grip on the board of directors difficult to loosen.

It might seem odd to have a family dynasty at the helm of one of the world's most powerful media organizations, but such an arrangement — in which the Sulzbergers control the majority of the voting shares — used to be the rule in media rather than the exception.

When Facebook staged its initial public offering six years ago, it implemented a dual - class share structure that means Zuckerberg personally controls a majority of the voting stock even though other investors own the majority of the financial value of the company.

I guess the lesson of Travis Kalanick's resignation as chief executive officer of Uber Technologies Inc. is that you can be the visionary founder of a massive company, stay private to avoid the pressures of the public market, keep control of a majority of the voting power of the shares, and still be forced out in a boardroom coup led by activist shareholders:

As MarketWatch noted at the time of ADT's January IPO, Apollo continues to own a majority of the company's shares, meaning it's a «controlled company» where Apollo is still basically in charge.

In such case, the composition of the board in future elections typically defaults to one vote per share (preferred converted to common basis) and may be favorable to the common stockholders as they typically control a majority of the outstanding shares.

On Monday, it said its offer was unconditional as it raised its bid to $ 9.20 a share, subject to achieving majority control, from the earlier $ 9 - a-share bid.

On Monday, Saputo raised its bid to $ 9.20 a share, subject to achieving majority control, from its earlier $ 9 - a-share bid and declared its offer unconditional.

He is not the outright owner of Arsenal Football Club but the American businessman Enos Stanley Kroenke or silent Stan as we know him best does hold a controlling stake as he is the majority shareholder with almost 63 percent of the shares.

When your majority share holder says he doesn't control a club to win tropheys then you don't need to know more than this.

You are more or less spot on mate, But, I am not of those that point any of the blame on the board or the majority share holder, if anything, Wenger has been given more control of the club since Kroenke took over!

At the end of the day he has a massive majority of shares at Arsenal and de facto controls the club, the profits.

The board sounded very admirable when they said they wanted to do it all themselves and that they didn't want a foreign majority share holder taking control of the club... They felt so strong about this that they made a pact not to sell.

Control: options included midwifery - led care with varying levels of continuity, obstetric trainee care and community - based care «shared» between a general medical practitioner (GP) and the hospital, where the GP provided the majority of antenatal care.

The onus should be on the EU to justify their intended policy of taking over control of national budgets, not on the Conservatives to defend their belief - a belief shared by a majority in the UK - in national economic control, rather than control by an outside agency.

The majority coalition that controls the state Senate is pleased with the Siena College poll that found 54 percent of voters surveyed believed the power - sharing arrangement would lead to effective governing.

Of course, in Albany's to - the - victor - goes - the - spoils culture, whoever controls the majority gets the lion's share of the resources.

Now that all the would - be candidates from the Senate majority have decided to take a pass on the race, it appears support is coalescing behind Assemblywoman Jane Corwin, who has the support of Langworthy, (who I believe controls the lion's share of the weighted vote in the district) former Rep. Tom Reynolds, who held the seat before Lee, and others.

Republicans had long opposed the minimum wage increase pushed by Cuomo, the Assembly's Democratic majority, and a group of Democratic senators who caucus separately from the party and share control of the Senate with Republicans.

His legislative accomplishments as governor — same - sex marriage legalization, a gun control law, increases in the state's minimum wage — came after cajoling Republicans in the chamber, who hold a narrow majority there and have had to share power with the Independent Democratic Conference.

In 2012, the Republicans lost the majority, but managed to maintain a semblance of control over the chamber by entering into a power - sharing agreement with four renegade Democratic senators known as the IDC.

The Labour Party retained its control of the council with an increased majority after increasing its vote share by 21.7 % and gaining three seats from the Liberal Democrats and five from various independents.

The Chinese apparel giant already owns British trench coat brand Aquascutum, controls bespoke suit - maker Gieves & Hawkes and Kent & Curwen through its majority share in menswear group Trinity Ltd, and spent more than $ 2 billion in 2017 buying the owner of Lycra.

This is where a majority of your most - used features live, include the home and back buttons, light control, shopping, search, reading options, font sizes, go - to, the X-ray feature and share options.

None of these companies have disclosed how the shares changed hands in those transactions since the initial purchase in 2006, but Spalding remains the majority shareholder and controls the business.

Even if the passively - held shares get to be a huge majority of the total float, I'm skeptical that they will ever control the price.

Company which is controlled by another company usually through its ownership of the majority of shares.

Yes, the Principals have control, but it's a simple voting majority: They own 300 mio B shares out of a total 514 mio A & B shares (all pari - passu for voting purposes).

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But apparently this majority control isn't enough for him... Digicel will boast a dual - class share structure.

As for the A shares, some will argue their votes have no incremental value, since Page / Brin / Schmidt still have majority control via the super-voting power of their unlisted B shares — but if you think a dual - share structure's a bit evil, just a touch more evil might see significantly different values attached to each share class in some value - realisation event!

Shareholders controlling a fund could have the ability to vote a majority of the shares of the fund on any matter requiring the approval of shareholders of the fund.

The brothers filed a lawsuit they hope will force the widow into selling her shares, giving the Koch's majority control over Cato's board of directors.

He holds a majority controlling share in Reliance Industries Limited (RIL), a company with a market capitalisation of $ 47 billion and global business interests that include petrochemicals, oil, natural gas, polyester fibre, Special Economic Zones, fresh food retail, high schools, life sciences research and stem cell storage services.

In addition GML, the company that controlled a majority of Yukos Oil Company's shares, is pursuing enforcement action against Russia in six other countries: Belgium, Britain, France, Germany, India and the United States.

The plan to create new stocks is a popular way for certain shareholders to raise capital by selling their shares without ceding control of the company and retaining the majority vote.

As Lord Denning MR stated in Wallersteiner v Moir (No. 2)[1975] 1QB 373 CA: «But suppose [the company] is defrauded by insiders who control its affairs — by directors who hold a majority of the shares — who can then sue for damages?

Apollo Global Management APO, -1.95 %, which took the company private in February 2016 in a $ 6.9 billion leveraged buyout, continues to own the majority of the shares, making ADT a «controlled company» under NYSE rules.

He still owns roughly $ 70 billion worth of shares in the company, however, and his job is safe because he controls the majority of Facebook's shareholder vote.

NETGEAR at CES 2018 this week announced its Arlo Baby monitoring camera will soon be compatible with Apple's HomeKit platform.A new HomeKit - enabled version of the Arlo Baby camera will be released soon, and a firmware update will automatically add HomeKit support to existing models at no additional cost to customers.HomeKit support will enable iPhone, iPad, and Apple Watch users to access the majority of Arlo Baby's features for smart monitoring of your baby in Apple's Home app on iOS 10 and watchOS 3 or newer software versions.NETGEAR shared a list of some of the Arlo Baby's functions that can be controlled with the Home app or Siri voice commands: Live video stream viewing of your baby via the Arlo Baby camera feedTwo - way audio for talking, cooing and listening to your

Because the non-exclusive native title sea rights must be shared with all others with public rights of navigation and fishing, the common law position, as stated by the majority, does not address the requirement of Indigenous control over Indigenous resources, the requirement of informed consent before major decisions are made, nor the acknowledgement of the role of Indigenous people in ensuring sustainable environmental management.

(b) a corporation is controlled by another corporation if shares held by that other corporation are sufficient to elect or appoint a majority of the directors of the first corporation;