Sentences with phrase «majority shareholders group»

«Through a series of intragroup financial and commercial agreements, the majority shareholders group implemented a policy that resulted in draining, to its own benefit, the treasury and the wealth of the joint company,» Gecamines said in a statement.

Not exact matches

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

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.

Vivendi's chances of securing a board majority are fading, especially after three proxy advisors recommended backing Elliott's candidates ahead of the April vote, saying the French group had been damaging for governance and shareholder returns.

Total shareholder return was helped by an $ 8.2 billion repurchase made in late 2013 — when the company and a group of investors led by Kotick and Activision Chairman Brian Kelly bought out a stake held by then - majority shareholder Vivendi.

«Moreover, we believe that a supermajority vote requirement can enable a small group of shareholders to overrule the will of the majority shareholders.

Telecom Italia CEO Amos Genish said his position at Italy's biggest phone group would be «untenable» if activist fund Elliott manages to win the majority of board seats at a shareholder vote.

20th December 2017 - London Stock Exchange Group result of general meeting: majority of shareholders vote with board against proposed resolution to remove Donald Brydon

France's market watchdog has blocked an all - share buyout offer for French telecom group SFR by majority shareholder Altice.

In July, an agreement was signed over a strategic alliance with Raiffeisen - holding Niederosterreich - Wien, majority shareholder of the Austrian company Nom, involving the purchase by Parmalat of a 25 per cent stake in the Austrian dairy group for $ 30 million.

At the annual general shareholders» meeting on 22 June, the Omira shareholders approved the takeover of German dairy Omira by France's Lactalis Group with an overwhelming majority of 97.8 %.

Please don't think that by joining a group on Facebook or moaning on twitter we will get change.Its now or never that a lame duck CEO (who can't sack his own employee) and a majority shareholder (who can vote to pay himself # 3mill) and Arsene should give way for passionate people ie....

The reality is that Match Group is the majority shareholder of Tinder.

Gregory R. Blatt, CEO of the IAC group, Meetic's majority shareholder, has been appointed Chairman of the Board of Directors, thus replacing Marc Simoncini, who remains a member of the Board.

SRO Motorsports Group has become a majority shareholder in WC Vision, with Pirelli World Challenge set to be fully incorporated into the organization's global GT racing platform.

Kobo is a global eReading service backed by majority shareholder Indigo Books & Music, Borders Group, REDGroup Retail, and Cheung Kong (Holdings) Ltd..

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.

-- Argo Group's AUM has now declined by a cumulative 85 % (to $ 166 million), the $ 3.5 million Argo Local Markets Fund remains its only new fund - raising (since the credit crisis), it continues to write - off virtually all the management fees accrued & owed (now totaling $ 6.2 million) by the Argo Real Estate Opportunities Fund, and it's also tied up a majority of shareholder funds in illiquid loan & fund investments.

Successfully assisted the majority shareholders in a leading Italian online insurance aggregator (an English registered company) in opposing a threatened Unfair Prejudice Petition by a group of shareholders.

The duo were part of a team that advised the retiring majority shareholder of shipping and freight group Graypen on the sale of the company to the management team.

Advising and representing at trial majority shareholders in disputes concerning the exercise of share options and the construction of a shareholders» agreements relating to several companies in the same group

He recently acted for Duncan Bannatyne, as majority shareholder, in the defence of a shareholder unfair prejudice petition, and related claim concerning the departure of the Managing Director of the Bannatyne Group.

Since 2013 Dr Döss had served as head of legal for Porsche Holding, the majority shareholder of Volkswagen Group, where he helped to fight a number of damages claims brought by US hedge funds.

The majority shareholder of Morningstar Japan is SBI Group, which owns 49.54 percent of the firm's shares.