Sentences with phrase «need shareholder approval»

Given Monex's classification as a publicly - owned entity, the acquisition would need shareholder approval.

Primary Opinion intends to raise up to $ 25 million at an issue price of «no more» than 5 cents per share as part of the overall transaction and will need shareholder approval because of the sharp u-turn in the nature of its activities.

Not exact matches

In the olden days, if a company wanted to merge, it needed the approval of 100 % of its shareholders.

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.

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 acquisition, which still needs shareholder and regulatory approval, is slated to close in the first quarter of 2013.

Tesla shareholders are due to vote on March 21, and the company needs majority approval for the proposal to go through.

The deal with Saputo is subject to approval by an ordinary resolution of voting shareholders, with a more than 50 per cent of the votes needed to be in favour to pass.

CCA would require shareholder approval to sell part of the Indonesian business to TCCC in a related party transaction and would need to convince investors of the short - term and long - term merits of a deal.

Given that Rio Tinto and Mitsubishi Development in aggregate hold more than 20 per cent of Coal & Allied, in accordance with the requirements of the Corporations Act 2001 (Cth), Coal & Allied shareholders (other than Rio Tinto and Mitsubishi Development and their respective subsidiaries) will need to vote to approve the relevant joint bid arrangements between Rio Tinto, Mitsubishi Development and Hunter Valley Resources and their respective related bodies corporate («Coal & Allied Shareholder Approval») before the Scheme can proceed.

In order to do this, the company generally needs the approval of a majority of the existing shareholders.

VNDA was a net - net company, had an activist investor, and the board didn't need to be threatened with a proxy fight; they said right from the beginning that if their drug didn't receive FDA approval that they would immediately liquidate the company to the shareholders.

Granada Group Limited v The Law Debenture Trust Corporation plc [2015] EWHC 1499 (Ch) Whether shareholder approval was needed for the grant of a charge to Law Debenture as trustee to secure pension promises to directors of the company or whether the pension scheme exemption applied.

There was no need for further shareholder approval, subject to TSX Venture Exchange acceptance, for the board to proceed with this change.