Sentences with phrase «firm majority control»
Resource Equipment director Andrew Aitken has accepted Pump Services» $ 115.5 million takeover offer, giving the US - based firm majority control over the mining equipment provider.
https://www.businessnews.com.au/ 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.
Inflation expectations remain modest, with the majority of firms continuing to expect inflation to be in the lower half of the Bank's inflation - control range (Chart 9).
Luxco acquires majority interest in Niche Drinks US spirits firm Luxco has purchased a controlling interest in Northern Irish liqueur and whiskey company Niche Drinks.
Commenting on the provisional Project Merlin figures which have been issued today showing that the banks loaned # 37.4 billion to small firms — just short of their commitment to lend # 38 billion, John Walker, National Chairman, Federation of Small Businesses, said: «While it looks like the banks are on course to meet their full year lending commitment, targets do not address the underlying problems in the banking sector where only a handful of banks control the majority of the market.
Nevertheless, the Senate Republicans and Democrats exhausted their main campaign accounts, and slug fest resulted in no side emerging a clear winner in the sense that they have firm control over the chamber (Democrats have already won a majority of the seats giving them a numerical advantage and two races remain undecided).
- Ex-Senate Majority Leader Joe Bruno (R - Rensselaer) got hundreds of thousands of dollars through consulting companies he controlled from firms doing business with the state.
The House is in firm Republican control and any Rangel successor will not have the clout he enjoyed in firm Democratic majorities.
It is likely that a majority of funds involved in value investing are in the hands of control investors such as Warren Buffett at Berkshire Hathaway, the various LBO firms and many venture capitalists.
Opting out of this provision is generally shareholder - friendly, but somewhat pointless in ACPT's case because the Wilson family controls the majority of the firm anyway.
LLLTs do not possess a majority ownership interest or exercise controlling managerial authority in the firm; and
In a recent Altman Weil survey, it was found that for the majority of the law firm respondents, 50 % — 70 % of the business base was controlled by partners aged 60 and older.
the Law Society of Upper Canada working group on alternative business structures issued a report advising that it «does not propose to further examine any majority or controlling non-licensee ownership models for traditional law firms in Ontario at this time» but it will continue to explore options for «more limited non-licensee ownership models.»