Sentences with phrase «from majority shareholder»

Kobo will launch with $ 16 million in funding from majority shareholder Indigo Books & Music; Borders Group; Instant Fame, a subsidiary of Cheung Kong (Holdings); and REDgroup Retail.

Earlier this month, China Daily reported that Alibaba was in discussions to acquire SCMP Group, the company that publishes the South China Morning Post, from majority shareholder Kerry Group, a Malaysian conglomerate.

Perth - based gold producer Norton Gold Fields says it has received a $ 32.7 million takeover proposal from its majority shareholder Zijin Mining Group.

China's C.banner is buying a 51pc stake in House of Fraser from majority shareholders Nanjing Cenbest and plans to invest # 70m of fresh capital into the business.

Not exact matches

Although Tesla has since accepted more than $ 68 million from VCs and private equity firms, Musk remains the majority shareholder.

These board committees are important for the merger because T - Mobile and Sprint are majority owned by Germany's Deutsche Telekom and Japan's SoftBank, respectively, and could be left vulnerable to potential lawsuits from minority shareholders if they don't establish independent mechanisms to review the deal.

Noble has won the backing of its senior creditors, but also needs approval from a majority of its shareholders at a special general meeting, for which a date has not been announced.

Sprint needs investment from SoftBank to help it pay for a network upgrade and its proposed buy out of the minority shareholders of Clearwire Corp (CLWR.O), in which Sprint already has a majority stake.

The growing opposition from major shareholders could be a big problem for Dell because in order for the company to go private, he needs the approval of the majority of shareholders, excluding his stake in the company.

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.

The real «fix» on the balance sheet came from a series of substantial equity raises and getting Husky's «supportive» majority shareholders to take their dividend in the form of shares instead of cash for a year.

«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.»

At last year's annual meeting, the company's advisory vote on executive compensation failed to receive majority support from shareholders, with approximately 29 % of shareholders supporting the proposal; however this was just one of the issues the company faced in the past year.

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.

In the event that (i) the Board of Directors proposes, recommends, approves or otherwise submits to the shareholders of the Company, for shareholder action, a Deemed Liquidation Event, and (ii) a Holder has not received written notice from the holders of a majority of the shares of Key Holder Common Stock that such holders approve the Deemed Liquidation Event, then such Holder hereby agrees to vote (in person, by proxy or by action by written consent, as applicable) all shares of capital stock of the Company now or hereafter directly or indirectly owned of record or beneficially by such Holder against the Deemed Liquidation Event, to assert statutory dissenters» rights with respect to the Deemed Liquidation Event, and to take such other action in derogation of the Deemed Liquidation Event as shall be requested by the holders of a majority of the shares of Key Holder Common Stock in order to carry out the terms and provision of this Section x.y..

Canadian shareholders and markets stand to gain from this enhanced accountability, similar to the documented benefits for shareholders in other jurisdictions when they have effectively implemented majority voting.

-- Davidoff presumes that a shareholder proposal is successful only if it receives majority support from shareholders.

Current rules and guidelines dictate that the majority of board members and all members of standing committees should be independent not only from management but also from significant shareholders.

A spokesman for Sports Direct said: «The board received backing from a majority of independent shareholders at the AGM in September 2017, at which many of these historic issues were addressed.

Glanbia had agreed in April to sell its Irish dairy business to its majority shareholder Glanbia Co-operative Society for about $ 343m but the proposals narrowly failed to garner enough support from the membership.

RiceBran Technologies (NASDAQ: RIBT and RIBTW)(the «Company»), a global leader in the production and marketing of value added products derived from rice bran, today announced that, based on preliminary noncumulative voting results reported by the independent inspector of elections (the «Inspector») following the Company's 2016 Annual Meeting of Shareholders (the «Annual Meeting»), a large majority of shareholders have voted on the WHITE proxy card for the Company's incumbent Board of Directors (the «BoShareholders (the «Annual Meeting»), a large majority of shareholders have voted on the WHITE proxy card for the Company's incumbent Board of Directors (the «Boshareholders have voted on the WHITE proxy card for the Company's incumbent Board of Directors (the «Board»).

He has already made money from the club and will continue to do so as long as he is the majority shareholder and will not plough his own money into the club, so yes it is Kroenke's fault all the way.

Apart from my personal opinion that he is the main one responsible for our poor transfer budgets and lack of ambition for the club since he became majority shareholder but worse still he has now shown who he really is by the launch of the appalling hunting channel just launched in the UK by the company that he owns!

2011 Kroenke becomes majority shareholder and Wenger gladly accepts the new goal which is to make the top 4 saving him from facing the harsh challenge of competing for the Premiership.

There were many rumours going around at the time, one of major concern from Nina Bracewell - Smith, a previous director and majority shareholder who stated in an interview in 2013 she had «deep regret» of selling her shares to Stan Kroenke.

If you happen to have a spare couple of Billion pounds then please feel from to offer it to our current majority shareholders in exchange for their shares.

And any businessman shellin out money to own it or become majority shareholder, is doing so because they want to profit from it... * NewsFlash Usmanov and Dangote are «BUSINESSMEN»...

The Arsenal majority shareholder Stan Kroenke is still happy that he went against the protests from Arsenal fans to remove Wenger, and instead offered him a new two - year contract, and the Silent One is still of the opinion it was the right decision although it was difficult to decide at the time.

«It has been well documented that I have no say in the running of the club, that my views differ from those of the majority shareholder and that I would take a different approach to delivering footballing success.

After saving Arsenal from financial extinction in 1910, Sir Henry Norris became the majority shareholder of the club.

According to the story, Alisher Usmanov made a massive $ 1.3 billion bid last month to take the majority share of Arsenal from current shareholder, Stan Kroenke.

The NPP also allege that, «the NDC government received at least US$ 1 million in bribery payment from TAQA, the United Arab Emirates based majority shareholder of the Aboaze Thermal Plant».

From company registration to nominees & majority shareholders, here's what you need to know.

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.

However, if the Board, even after hearing from a majority of shareholders, fails to lift the poison pill and waive Section 203, we will leave the tender offer open and seek a court order compelling the Board to redeem the poison pill and waive Section 203 so that the shareholders can receive their money.

I agree they have to pay majority of their revenue to shareholders which is why they are sought after from an investing standpoint and pay a higher yield.

One scenario would argue KWG's share price may suffer from a new majority shareholder with a different / self - interested agenda — obviously, there have been examples that corroborate this.

Finally you should discount all Zamano's intangibles to 0 and give up any hope of extracting any cash from them before they return capital to shareholders — goodwill makes up the majority of their intangibles which can not be sold on and internally generated development costs, which arguably have no place on the balance sheet, will also find no willing buyer as they are specific to Zamano and can not be easily transferred.

If a majority of the shareholders in interest of the Corporation, votes FOR the removal of the present Board of Directors by attending the meeting or by proxy by marking the appropriate space provided on the enclosed Proxy Card and by signing, dating and promptly returning the Proxy Card in the enclosed envelope then the present directors will be removed from office.

«Over the long term, the majority of total shareholder return [can] come from dividends — a figure that some peg as high as 67 % to 80 %.»

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.

Although a majority shareholder like the government may be able to get its nominees onto the A.I.G. board without a fight, typically even a large shareholder must conduct an expensive proxy contest to elect its nominees — that is, he needs to solicit enough votes from other shareholders.

The board of directors of the Company has today received information from THQ Nordic's majority shareholders, Lars Wingefors AB [1] and Xagonus AB [2], that they propose that Ulf Hjalmarsson is elected as a new director of the Company.

Several climate change - related shareholder resolutions won substantial backing — though not majority votes — from Exxon and Chevron shareholders.

As follows from Stardust Marine, the imputability must be conversely demonstrated «by establishing the actual exercise by the State of the supervisory power which its status as majority shareholder confers upon it» (para 99).

Although it is true that in Stardust Marine the Court inferred the State origin of the resources from the control exercised by the State over a private undertaking through its majority shareholding, this principle is not applicable to the case at issue since the advantage does not originate from a decision of an undertaking, but from a legislation of a general scope — which is equally applicable to electricity providers in which the State is not the majority shareholders.

Our lawyers represent and advise both minority shareholders and majority shareholders and business owners in avoiding disputes arising from their share ownership.

From representing majority and minority shareholders, joint venture partners, companies and directors in a diverse range of shareholder, director and investment disputes, rely on a team that has acted in large and complex disputes demanding insight into your industry.

TMB regularly represents minority shareholders experiencing oppressive conduct at the hands of the majority shareholders, or from the corporation itself.

The BERR case concerns the well - known problem of when a majority shareholder and / or director of a company that has become insolvent can claim to have been an «employee» and thus entitled to claim certain unpaid amounts from the secretary of state under the Employment Relations Act 1996, s 182.