Browsing Tag
shareholders’
10 posts
Shareholders back Barratt-Redrow deal
Redrow... now sellingWith shareholder approval now formally secured, the takeover of Redrow by rival house-builder Barratt Developments is expected to complete later this year. At separate meetings yesterday (15th May), Barratt shareholders voted 99.82% in favour of the deal and Redrow’s by an even more overwhelming 99.92%. Under the terms of the deal agreed by
Shareholders commend Access Bank’s first half performance
Mr Olatunji (second from left) with other officials of the bank at the event Shareholders of Access Bank Ghana have commended the bank for its strong return to profitability in the first half of the year from the effects of the Domestic Debt Exchange Programme which had a toll on the entire banking sector last
Two institutional shareholders will vote against Pushpay offer
Navigation for News Categories Photo: 123RF A head of steam is building up against a $1.5 billion takeover offer for mobile donations company Pushpay. Two institutional shareholders, ACC and Nikko Asset Management with a combined 7.6 percent stake in the firm, have come out publicly and said they will vote against the offer. Australian private
Twitter shareholders approve the $44B merger Musk is trying to get out of
Offer accepted — Musk wants out, but shareholders approve $54.20-per-share purchase agreement. Jon Brodkin - Sep 13, 2022 8:03 pm UTC Getty Images | NurPhoto Twitter shareholders voted to approve Elon Musk's purchase of the company, weeks ahead of a trial over Musk's attempt to exit the merger deal. Though a specific vote tally wasn't
Shareholders turn the screws on IBM and its gag orders
IBM shareholders at the IT giant's annual meeting last month endorsed a proposal to have the company produce a public report on the potential risks arising from its use of concealment clauses that constrain disclosure of workplace misconduct. Almost two-thirds (64.7 percent) of participating shareholders voted for the proposal, which was submitted by Clean Yield…
NZX retail shareholders back off taking part in capital raising
Navigation for News Categories Retail shareholders in the stock exchange operator, NZX, backed off taking part in its recent capital raising as the company's market price dipped below the offer price. Photo: RNZ / Angus Dreaver Small retail investors took up barely a third of their entitlements, worth about $10 million. NZX was looking to…
Logo of Tihama Advertising and Public Relations Co. Tihama Advertising and Public Relations Co.'s shareholders will vote on reducing the company’s capital by 71.43% from SAR 175 million to SAR 50 million, during the extraordinary general assembly meeting (EGM) to be held on Feb. 16, the company said in a statement to Tadawul. Accordingly, the…
Zoom Five9 deal goes kaboom after shareholders say ‘nope’
$15bn merger scrapped following scrutiny from US authorities Five9 shareholders have slammed the brakes on a proposed $15bn merger with videoconferencing giant Zoom. The all-share transaction, mooted in July, would have seen Zoom snap up Contact-Centre-as-a-Service outfit Five9, broadening its reach beyond videoconferencing. With customers moving back to offices, a broader range of services would…
NCLT says Zee should consider shareholders’ request to hold EGM
NCLT directs Zee Entertainment Enterprises to hold board meet to consider Invesco's plea for shareholders' meet TopicsZee Entertainment | Punit Goenka The National Company Law Tribunal (NCLT) on Thursday said Zee Entertainment should consider shareholders' request to hold an extraordinary general meeting (EGM). A news channel reported that NCLT will hear the matter again on October 4.…
Will shareholders back Invesco to dislodge Goenka?
At the time of the EGM, Invesco must have sufficient support from the remaining 40% of the shareholders to ensure that the resolutions which they want to go through will actually be approved by the majority of the shareholders, says HP Ranina, Senior Advocate, SC.Invesco’s fresh salvo coming in for and the timing of this…