Sentences with phrase «non-voting share fund»

As part of a capital structure review, Murray Goulburn is considering emulating the world's biggest dairy exporter, New Zealand's Fonterra, and listing a non-voting share fund.

Fonterra's pioneering structure is currently being pursued by Australia's biggest dairy exporter Murray Goulburn, which is looking to follow in Fonterra's footsteps and float a non-voting share fund on the ASX by July next year.

Not exact matches

It can be argued that mega-mutual fund advisors have been drawn into an alliance with the shareholder empowerment movement on the issues of proxy access and dual class share structures created through IPOs like Snap Inc.'s, which resulted in a class of non-voting shares, simply because of the business opportunity such an alliance represents.

A takeover could only be funded by the issuing of preference or non-voting shares of some type that could not be traded for a year.