Sentences with phrase «controlling shareholders of companies»

We also advise non-resident Indians and high net worth Indian individuals who are the promoters and controlling shareholders of companies on their personal wealth management matters, as well as advising on their corporate, financial, UK immigration and other legal needs.

The F.C.C. chairman has sounded warm about consolidation, and controlling shareholders of both companies have passed Cfius reviews before.

Not exact matches

So Viacom's new chairman is not only unloved by some large shareholders, but also unloved by his own vice-chairman, the daughter of the company's controlling shareholder and one of the people who will direct Redstone's assets after his death.

That plan was later scrapped by the board amid shareholder pressure, though he still has effective control of the company.

The pair's solutions to the alleged problems of CEO - speak are greater government control of markets, more bureaucracy in the private and public sectors, an end to CEOs» duty of care to shareholders and — get this — more snore - inducing courses on critical textual analysis in business schools so students can know exactly how many times a CEO says «our company» versus «the company.»

The comment is oddly elliptical and passive given that Pessina is a shareholder controlling 13 % of the company's stock, with allies KKR and activist fund JANA Partners holding sway over another 4.7 % and 1.1 %, respectively.

The board of iron ore miner Pluton Resources has regained control of the company after its major shareholder, General Nice Resources, retired KordaMentha as receivers yesterday.

Tightly controlled companies are the unloved children of the public markets, because they concentrate decision - making in the hands of the few to the exclusion of a firm's wider shareholder base.

Metals X looks set to succeed in its long - running battle for control of Aditya Birla Minerals, with the takeover target recommending shareholders accept an increased offer that values the company at about $ 103 million.

Shareholder returns at family - controlled corporations significantly outperform those of widely held public companies, even though family - controlled boards tend to break governance rules, such as having a certain number of independent directors.

Branson controls 24.8 percent of the company, while hedge fund Cyrus Capital Partners is the biggest shareholder with a 32.8 percent stake.

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.

A Delaware court ruled in favor of IAC / InterActiveCorp chief Barry Diller on Friday in a legal dispute with controlling shareholder Liberty Media, paving the way for him to proceed with a proposed spin - off of four company units.

Kresta Holdings chairman Peter Hatfull and major shareholder and former chairman Ian Trahar have lost their battle to retain control of the Malaga - based window furnishing company.

The catch with equity financing is that it can dilute the ownership of the company for the shareholders, potentially resulting in a loss of control.

«It is entirely possible for companies not to have a PSC (person of significant control), For example, 4 shareholders with 25 % of the shares each, and 25 percent of the voting rights, none of them is a PSC.»

To address some of the issues irking consumers, a shareholder proposal this year requests that the «audit Committee conduct an independent review of the Company's internal controls related to residential mortgage loan modifications, foreclosures and securitizations, and report to shareholders.»

Under the new system, statements which UK companies file when they are set up and on each anniversary of that date showing changes in shareholders or directors are supposed to include details of «Persons with significant control (PSC).»

While a board of directors has a duty to maximize shareholder value by running a fair sales process, the Murdochs own about 17 percent of Fox and control the company through voting shares.

Particularly, common shareholders need to be protected if a company institutes a change of control or collapses its dual - class structure.

Modern corporations are typically characterized by a «separation of ownership and control» — that is, companies are generally run by professional managers, who manage on behalf of a very large number of mostly - anonymous shareholders.

«HomeServices is on track to do only about 3 % of the country's home - brokerage business in 2018,» Buffett wrote in his most recent shareholders report, referring to HomeServices of America Inc., which controls Trident and two other mortgage companies.

Yet he remains the controlling shareholder of his two public companies, and in May, began taking the unexpected steps toward unseating Dauman that are now the subject of a raging court battle over his mental capacity.

The company's letter said long - term, patient investing has been its approach, citing its decade - plus of investment in Chrysler, its eight years as controlling shareholder of Metro - Goldwyn - Mayer and 20 years as controlling shareholder in MGM Mirage.

CDW is a one share, one vote company, unlike many tech companies including Facebook, Zynga, and Google, whose controlling shareholders make most of the decisions.

Mr. Redstone, 92 years old, is the controlling shareholder of Viacom and CBS Corp. with nearly 80 % voting stakes in each company.

As owners of a company, both common and preferred shareholders have voting rights related to the board of directors, ultimately influencing control over the company's activities and direction.

Redstone, the controlling shareholder of Viacom Inc., may be laying the groundwork to replace the company's board and Dauman.

Dauman and Shari Redstone, the daughter of controlling shareholder and former chairman Sumner Redstone, are currently embroiled in a high - stakes legal battle over control of the 93 - year - old media mogul's companies.

So increasing focus on shareholder - friendly corporate governance, the rising clout of activist investors and the robust market for corporate control are all manifestations of the fact that shareholders want big companies to give them back their cash, and that companies are increasingly willing to do so.

In fact the pill seems to have been put in place to thwart Carl Icahn, who really is exactly the sort of guy who would run a coercive two - step tender offer to put pressure on shareholders so he can take control of a company.

A stake purchase by the activist investor could add friction in a potential merger of the $ 53 bln software company with its controlling shareholder Dell.

Management Buyout - Management Buyout is when the managers and administrators of a corporation buy the controlling interest in a company from an existing shareholder.

EMC shareholders will receive $ 24.05 a share in cash plus tracking stock in VMware, a cloud software company that EMC controls, all of which will be worth a combined $ 33.15.

National Amusements is the controlling shareholder of both media companies, which separated from each other 10 years ago.

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.

The main shareholders in the company are Nicolas Bonta (28 %); Emiliano Grodzki (30 %), who is a director of the company and its chief strategy officer; and Roy Sebag (23 %), the company's founder and former controlling shareholder, who last week ceased to be its CEO and also resigned from its board of directors.

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:

Facebook is approaching utility - level importance, but it answers to no one — not even, given Zuckerberg's control of the company, its shareholders.

This way the shareholders can retain their level of control in the company without having to go out and purchase more shares just for the power of the vote that will give the shareholder more clout at the board level for his / her interests in corporate activities.

Facebook scrapped plans to create a new class of shares that would have allowed Zuckerberg to sell almost all of his stock without losing voting control of the company, a move that aggrieved some shareholders.

However, at the 2015 AGM, the Company failed to appoint an independent director and assure shareholders some degree of independent review of the Company's internal control systems.

While Glass Lewis, along with the Company's shareholders, will not know the extent of the bid - rigging and its effect on the Company, we anticipate that concerns will be raised regarding the Company's corporate governance structure and internal controls.

Kinder Morgan chief executive officer Steven Kean said that «a company can not litigate its way to an in - service pipeline amidst jurisdictional differences between governments» and that Kinder Morgan can't expose shareholders to «extraordinary political risks that are completely outside of our control and that could prevent completion of the project.»

Roy Sabag, controlling shareholder in the company and its CEO, announced recently that after the merger with Backbone Hosting Solutions was completed, he would be replaced as CEO by Wes Fulford, who was recently named CEO of the Canadian company.

But after the release of qualified interim accounts on Tuesday, the question that must be asked now is whether the current shareholders of Lynas will end up owning the company or whether the price of refinancing its heavily geared balance sheet will mean a change in control.

The canceled merger of 2014 would have placed SoftBank in control of the merged carrier company, with Deutsche Telekom to have been relegated as a minority shareholder.

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.

Mr. Dell's investment means he will maintain control of the company if its shareholders approve the deal.

The prospect of losing valued Company employees in connection with a change in control could reduce the value of the Company to an acquirer and could thus reduce the amount current shareholders would realize in the transaction.