Sentences with phrase «major shareholder in both companies»

Tesla Chief Executive Elon Musk is a major shareholder in both companies.

TasFoods chairman Rob Woolley resigns days after quitting the Bellamy's Australia board after months» long fights with major shareholder in both companies, Jan Cameron.

The Los Angeles billionaire Ron Burkle and a major shareholder in the company (19 percent) welcomed the move and said he would bid along with a group of investors to eventually increase his share to 37 percent.

Not exact matches

Similarly, Avigilon founder Fernandes's previous startup, QImaging, was snapped up by a large New York Stock Exchange??? listed conglomerate for $ 20 million in 2002, enabling him to become «the biggest and major shareholder of the company» this time around.

Apple is now paying out more cash in the form of dividends to its shareholders than any other major publicly traded company in the U.S.

Kresta Holdings» major shareholder, China - based Aplus, has outlined plans to acquire the Malaga - based company just six months after buying a large interest in the group.

But when shareholders vote down a pay package, companies will often sit down with major shareholders — which in Cheniere's case includes Soroban Capital Partners and PointState Capital — and consult with them on how to change their pay practices.

GE said nine of the company's directors will stand for re-election including major shareholder Trian Fund Management's Edward Garden, who was appointed to GE's board in October.

The boards of some major US and Australian companies have responded to shareholder activism by becoming more active in their pursuit of best practice.

The Slaight family is sitting tight in 28th spot after the 2011 merger of satellite radio companies Sirius Canada and XM Canada into SiriusXM, of which Allan Slaight is a major shareholder.

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.

The company said in a regulatory update on Monday that it is «seeking offers for the company» and says its major shareholder, JAB Luxury GmbH, is supportive of the process.

The ride - hailing company is trying to find a replacement for Kalanick who resigned in June after several major shareholders demanded a change in leadership.

Papa says drillers in two major shale regions have burned through their best assets, and shareholders are pressuring companies to spend less money.

Buffett seldom interferes with management and has accepted limits in the past to provide assurances that he doesn't plan to exert excessive influence on companies where he is a major shareholder.

For example, a conflict of interest may arise when a Senior Officer or Director is also an executive officer, a major shareholder or has a material interest in an organization doing business with the Company.

Several other major Uber shareholders, though, have been pressed to sell some of their position in the company by Uber's new CEO Dara Khosrowshahi.

In 1982, using interviews and proxy statements, they examined compensation programs at 90 major U.S. companies to determine whether return to shareholders was better for corporations that had incentive plans for top executives than it was for those companies that had no such plans.

More than 60 % of shareholders of one major energy company recently voted — against management's recommendation — in favor of the company reporting on its climate progress.

Employee stock ownership under ESOPs gives workers confidential voting rights on major corporate issues, so that they have some formal corporate governance rights in closely held corporations, and in stock market companies, employee owners have the same rights as other public shareholders.

With earnings from major media and entertainment companies disappointing many shareholders, we decided to see if this trend is here to stay, or just a bump in the road.

NEW YORK (TheStreet)-- With earnings from major media and entertainment companies disappointing many shareholders, we decided to see if this trend is here to stay, or just a bump in the road.

Since 2008, he's called practically every major shale play before the mainstream press got wind of them — including the now - famous Bakken oil formation and the companies that have raked in billions in profits for their shareholders.

Highly - concentrated ownership has historically served to insulate major shareholders in Italian companies from minority actions, but the growing participation of foreign institutional investors is challenging the old structure.

If Dominion is acquired, let's say, by another major utility company in the future, the shareholders will see a significant jump in price.

In studies covering more than 1,200 major deals, researchers have consistently found that, at the time of announcement, shareholders of acquiring companies fare worse in stock transactions than they do in cash transactionIn studies covering more than 1,200 major deals, researchers have consistently found that, at the time of announcement, shareholders of acquiring companies fare worse in stock transactions than they do in cash transactionin stock transactions than they do in cash transactionin cash transactions.

During the company's annual shareholder meeting in Calgary, Porter said Canada's ongoing slide in productivity behind its global peers is a major problem that needs to be addressed.

The right of first refusal and co-sale («ROFR / Co-sale») work together to prevent a founder or major common shareholder for selling shares without the company and the investors being allowed to purchase the shares or participate in the sale of the shares.

Takeover target Godfreys has warned of soft trading over the past few weeks, which would have caused it to technically breach a covenant, it has already received a waiver from, in a lending agreement with the 99 - year - old major shareholder who launched a cash bid for the company two weeks ago.

Although the films Alibaba Pictures Group has invested in like So Young (by actress - turned director Zhao Wei, who is also a major shareholder of the company) and Tiny Times (by popular writer Guo Jingming) have recorded remarkable box - office revenues, the company has yet to turn a profit, with a net loss of HK$ 443.54 million for the first half of last year.

In the wake of Tribune Publishing's blockbuster announcements that it has rejected a sweetened buyout offer from rival Gannett Co. and brought L.A. billionaire Patrick Soon - Shiong on board as an investor, one of the company's major shareholders is...

The showdown also marks the first time in recent memory shareholders of a major oil and gas company have been given a choice of directors between what the company wants and what the dissident group wants (it is pushing for four of its nominees to be voted to the board).

Each company has a major stake in the future of payments, and each has the potential to provide strong returns for shareholders in the coming years.

Igor Sechin, Rosneft's chief executive and a long - serving ally of Putin, said: «We welcome BP as the major shareholder of Rosneft, which will take part in shaping the company's strategy.

S.Kidman & Co managing director Greg Campbell and one of its major shareholders, Will Abel - Smith, have called for common sense in the sale of the giant pastoral company's holdings, saying the sale process is on and was never abandoned, despite complications including national politics, leaks from participants and misreporting by the media.

United States private equity firm Kohlberg Kravis Roberts is understood to have made fresh soundings to major institutional shareholders in Treasury Wine Estates as the wine company prepares to cut about 100 staff by June 30.

Treasury chairman Paul Rayner told shareholders he believed the board had done the right thing in terminating talks with private equity bidders earlier this year, with «clear feedback» from almost every major shareholder that a price of $ 5.20 per share undervalued the company.

United States private equity firm Kohlberg Kravis Roberts is understood to have made fresh soundings to major institutional shareholders in Treasury Wine Estates as the wine company prepares to cut about 100 staff.

Aussie Farmers abandoned IPO plans in mid-to-late November after failing to generate enough interest from investors, who were no doubt spooked by the fact the company had racked up losses of more than $ 52 million pre-tax since 2015 and could only keep trading with the support of its major shareholders.

Watkins has been in the top job for more than three years and she inherited a mess, including a product portfolio dominated by premium high - priced products largely in decline as well as a tense relationship with major shareholder The Coca - Cola Company (TCCC).

Nuchev's major shareholder and chief executive, Ben Dingle, has a strong track record after earlier in his career co-founding New Zealand's Synlait Milk, which is now a $ 1.4 billion company and a supplier to sharemarket darling A2 Milk.

That sounds awfully like the activist shareholder model that's currently being exercised by state Comptroller Tom DiNapoli, who has sought to squeeze reforms from major companies the state's pension fund has invested in, including greater disclosure of their political activity.

«This is exactly the kind of alliance we imagined when we created Artisanal Brewing Ventures in 2014,» said Phin DeMink, founder of Southern Tier Brewing Company and also a major shareholder in ABV.

Last September, IAC, Match.com's major shareholder, bought a 20 % stake in the seven - year - old company.

Rogers is a major shareholder the company and paid millions to bring the service to Canada in 2013.

The impact on stock price of course is also a major factor and not one to discount; even a company issuing non-voting stock has a fiduciary responsibility to act in the interest of those non-voting shareholders, and so should not excessively dilute their value.

-- An Irish company is any company which conducts a major portion of its business in Ireland, is (genuinely) headquartered in Ireland, and / or whose management / directors / shareholders / history are predominantly Irish.

And this debt's now basically in the hands of a major shareholder, Irelandia (Declan Ryan)-- so one should be v aware the odds of the company ending up under Ryan's control (before shareholders see a cent) are fairly high.

If Dominion is acquired, let's say, by another major utility company in the future, the shareholders will see a significant jump in price.

-- An Irish Company: Any company which conducts a major portion of its business in Ireland, is genuinely headquartered in Ireland, and / or whose management (directors, shareholders or history) are predominantlyCompany: Any company which conducts a major portion of its business in Ireland, is genuinely headquartered in Ireland, and / or whose management (directors, shareholders or history) are predominantlycompany which conducts a major portion of its business in Ireland, is genuinely headquartered in Ireland, and / or whose management (directors, shareholders or history) are predominantly Irish.