Sentences with phrase «controlled group of companies»

A controlled group of companies may exist when there is overlapping ownership in two or more companies.

Not exact matches

In 2015, less than a year after retiring as CEO of convenience store giant Alimentation Couche - Tard, the executive chairman, along with his three co-founders, put forward a resolution to extend their time - limited voting control — the group holds 22 % of the company's equity — to ward off any future takeover attempts.

Mr Hyslop has also become non-executive chairman of Kwinana - based company Total Corrosion Control, a company that was once strongly linked to United Construction Group (now called United KG).

She repeated the phrase when a reporter asked for her thoughts about calls for her family to relinquish their influence over the group of companies they control.

On Sunday, T - Mobile and Sprint proposed merging, after Sprint majority owner SoftBank Group agreed to cede control of the combined company to T - Mobile's parent, Deutsche Telekom.

Forrest to win green light for sale to China Mining billionaire Andrew Forrest is to get the green light to sell a significant portion of his heavily indebted company, Fortescue Metals Group, to a Chinese government - controlled steelmaker.

The scion of the famed Lundin Group, which controls almost $ 12 billion in mining company assets, placed Lamb in charge of Lucara, a non-producing shell company.

Macmahon Holdings has called out CIMIC Group for what it says is a low - ball takeover bid, saying the Spanish - controlled company should be aware of the improving market for mining services.

Adani Group, controlled by the billionaire Gautam Adani, said it will now plan to finance the vast Carmichael coal project on its own, but the company faces an uphill struggle as both governments and major banks adopt a harder line towards new coal projects, citing the impact of coal - fired power on climate change.

«We were heartened to see Bank of America join the list of companies stepping up to keep America safe,» said Avery Gardiner, co-president of the Brady Campaign to Prevent Gun Violence, one of the most prominent gun control groups.

One of Canada's most dynastic companies, the Irving group got its start back in the 1920s, when K.C. opened a small service station in Bouctouche, N.B. Nearly 100 years on, the family controls more than 250 enterprises scattered across Canada and the northeastern United States.

The MCNs behind some of YouTube's biggest stars have grown to become quite valuable to major media and entertainment companies: in just the last year, Disney bought Maker Studios for $ 500 million, German - based broadcaster Prosieben invested in Collective Digital Studio, Otter Media took a controlling stake in Fullscreen and Europe's RTL Group bought a majority stake in StyleHaul.

Branding is the most publicly visible face of a company, so it's only natural that management groups want to take control of it.

In 1997, a company controlled by Royal Group founder Vic De Zen and his associates purchased an undeveloped parcel of land across the road from Royal Group's suburban Toronto headquarters for $ 114,000 per acre.

SEOUL, March 30 - Shares of Hyundai Mobis dropped almost 7 percent on Friday, hurt by worries that a proposed restructuring plan would benefit the parent group's controlling family at the cost of the company's shareholders.

Having started Chobani just seven years ago after taking control of a small feta cheese company from Kraft Foods Group, Hamdi Ulukaya, a US - based Turk, will take the concept to the UK.

Buffett said the company's interest in Kraft Heinz is not included on the list because Berkshire is part of a «control group» and must use a different method to account for its holding.

Then, three years ago, Bouchard was approached by Square Victoria Digital Properties, a subsidiary of holding company Power Corp. that controls the high - profile web portal Workopolis and the Olive Media online ad sales group.

Today, six companies control 71 percent of the global seed market, according to ETC Group.

Thailand's third - richest man is set to take control of Fraser and Neave (F&N) in Southeast Asia's biggest M&A deal after a group led by an Indonesian tycoon bowed out of a two - month bidding war for the $ 11.4 billion Singapore company.

She had acquired the capital to build the company by selling equity to a group of angel investors, who owned just over 50 percent of the stock and thus controlled the board.

This group of people, together, has the power to determine the CEOs and key executives at the companies the parent Johnson & Johnson controls.

The new rule of thumb must be that once a company starts talking about its news — to any stakeholder group (customers, employees, suppliers) it must release its information to the media in order to maintain message control.

As manager of the firm's Corporate Governance Consulting Group with over 30 years of experience in the field, Bill has guided companies through a wide range of governance and takeover challenges, including contentious shareholder proposals and compensation - based initiatives, proxy contests, tender offers, and other corporate control matters.

Because of the Stockholders Agreement and the aggregate voting power of the Voting Group, we are considered a «controlled company» for the purposes of the New York Stock Exchange.

Industry trade groups like the Investment Company Institute and the Securities Industry and Financial Markets Association have come out against state - run plans, arguing that they will spur a «confusing, state - by - state patchwork of savings programs» that could lack strict federal controls.

In addition, the HRC recently expanded the use of Performance Share awards to a broader group of management, and reaffirmed the Company's directive to provide a portion of annual incentive compensation in long - term awards for the Company's highest earners and to create standard performance objectives for the Company's control function staff, to further provide safeguards that either prevent or discourage excessive risk - taking.

Under these rules, a company of which more than 50 % of the voting power is held by an individual, a group or another company is a «controlled company» and may elect not to comply with certain corporate governance requirements of the, including (1) the requirement that a majority of the board of directors consist of independent directors, (2) the requirement that we have a nominating and corporate governance committee that is composed entirely of independent directors with a written charter addressing the committee's purpose and responsibilities and (3) the requirement that we have a compensation committee that is composed entirely of independent directors with a written charter addressing the committee's purpose and responsibilities.

Technology - enabled service company Medically Home Group unveiled its new product, Cesia Continuum, which allows a patients» home to operate inside a connected network under the control of Medically Home's remote telemedical Mission Control control of Medically Home's remote telemedical Mission Control Control Center.

This has included the deployment of a group wide ERP system to improve forecasting and budgetary controls, securing the Red Kite project finance facility and leading the Company's procurement processes to bring the Asanko Gold Mine into production on time and under budget.

Newly formed Vancouver company Hut 8 hopes to dwarf them both by eventually controlling 60 MW of power, and it is partnering with Bitcoin mining giant Bitfury Group to do it.

In 1994, he relocated to Zurich, Switzerland where he became a core member of Philip Morris Companies» internal audit group, focused on integration and establishment of appropriate internal control systems for newly acquired businesses across Europe and the Middle East.

If you want to take control of your own financial success, and receive training without having to spend money on marketing, insurance, inventory, or equipment, then consider The Commercial Capital Training Group your low - cost alternative to what franchise companies are offering.

Company management determined the prior release of group annuity reserves resulted from a material weakness in internal control over financial reporting.

-- The investor group that spearheaded the revolt controls nearly half of the company's shares.

Together with rival Suncorp Group, the two companies control over 60 per cent of the domestic insurance market.

Softbank Group Corp (OTC: SFTBF), the parent company of telecom provider Sprint Corp (NYSE: S) has announced it is willing to cede control in order to make a deal with T - Mobile US Inc (NASDAQ: TMUS) happen.

The securities mentioned above comprise the following percentages of the Oakmark Equity and Income Fund's total net assets as of 12/31/17: Bank of America Corp. 5.3 %, TE Connectivity, Ltd. 3.9 %, UnitedHealth Group, Inc. 2.6 %, Ally Financial, Inc. 1.8 %, Dover Corp. 2.6 %, CVS Health Corp. 2.2 %, Baker Hughes a GE Co. 1.2 %, General Electric Co. 0 %, Philip Morris International, Inc. 2.0 %, Oracle Corp. 2.3 %, MasterCard, Inc., Class A 2.6 %, General Motors Co. 5.1 %, Foot Locker, Inc. 1.2 %, Flowserve 0 %, Johnson Controls International PLC 0.6 %, PDC Energy Inc. 0.4 %, TD Ameritrade Holding Corp. 0 %, Herman Miller, Inc. 0 %, Oshkosh Corp. 0 %, VWR Corp. 0 %, Blockchain 0 %, Long Blockchain 0 %, LongFin Corp 0 %, Riot Blockchain 0 %, Intercontinental Technology 0 %, Nodechain 0 %, The Crypto Company 0 % and New York Times Co. 0 %.

The Chinese group includes Citic Metal Co., a unit of state - controlled conglomerate Citic Group Corp., and China Reform Holding Corp., an investment company backed by the country's state assets regulator, the people group includes Citic Metal Co., a unit of state - controlled conglomerate Citic Group Corp., and China Reform Holding Corp., an investment company backed by the country's state assets regulator, the people Group Corp., and China Reform Holding Corp., an investment company backed by the country's state assets regulator, the people said.

Filings also show that Julian Wheatland, chairman of Cambridge Analytica parent company, SCL Group, and Cambridge Analytica's data officer, Alexander Tayler, were both people with «significant control» of Emerdata at the time of its creation.

Reuters, citing unnamed sources, reported Friday that SoftBank Group Corp, which controls Sprint, would own 40 percent to 50 percent of the combined new company, which would be dominated by T - Mobile majority owner Deutsche Telekom.

Tabcorp will present Tatts Group shareholders with a scrip and cash takeover bid on Wednesday morning, proposing to take full control of the wagering and lotteries company.

As part of the acquisition, start employees will be a part of Uber's group however the bike - share company will keep on as an independent, thoroughly controlled subsidiary, Rzepecki mentioned.

In our latest video Martijn Otten, managing director of AV Flexologic shows Packaging Europe around its Labelexpo 2017 stand, presenting alongside sister companies in the Color Control Group.

Wunder - Bar: Automatic Bar Controls Antigua Distillery AMES International Amato's Bakery Charlie's Pride Meats Citromax Group of Companies Diamond Bakery Grindmaster - Cecilware Corp..

If Saputo gets control of 90 per cent of the company, it will pay $ 9.60 a share.But there is no guarantee that Japanese group Kirin, which owns 9.9 per cent of Warrnambool through its Australian subsidiary Lion, will accept the bid.

RiceBran Technologies (NASDAQ: RIBT and RIBTW)(the «Company» or «RIBT»), a global leader in the production and marketing of value added products derived from rice bran, today announced that the Company has entered into an exclusive strategic supply agreement for organic rice bran and an LLC Agreement for the formation of a jointly owned sales and marketing entity with the Bangkok, Thailand based Narula Group of Companies («Narula Group»), one of the world's largest growers of organic rice, which is controlled by social impact entrepreneur Arvind Narula.

Your Board urges you not to allow LF - RB Group to supplant your highly qualified Directors and take control of your Company.

RiceBran is under attack: a dissident group purporting to hold 9 % of our Company's shares is attempting to launch a last minute proxy contest at the Company's annual meeting to take control of your Company without payment of a control premium.

In other words: if LF - RB Group were to succeed in its proxy contest, a group owning 9 % of your Company would take 100 % control of the Board of your Company without paying other RiceBran shareholders a control preGroup were to succeed in its proxy contest, a group owning 9 % of your Company would take 100 % control of the Board of your Company without paying other RiceBran shareholders a control pregroup owning 9 % of your Company would take 100 % control of the Board of your Company without paying other RiceBran shareholders a control premium.