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In business and finance, a golden share is a type of share of stock that lets its owner outvote all other shareholders in certain circumstances. Golden shares often belong to the government when a government-owned company is undergoing the process of privatization and transformation into a stock -company.
UK government approves $4.6-billion takeover of Royal Mail by a Czech billionaire. ... Britain's government will retain a so-called “golden share” in the service, meaning it will need to ...
BAE Systems inherited the UK government-owned "golden" share that was established when British Aerospace was privatised. This unique share prevents amendments of certain parts of the company's Articles of Association without the permission of the Secretary of State. [15]
As a public-private partnership the UK government holds 49% and a golden share, with 42% held by the Airline Group, 5% by NATS staff, and 4% by UK airport operator LHR Airports Ltd. [7] [8] Structure [ edit ]
Previously, those eligible for the visa had to have at least £2 million in investment funds and a UK bank account. Government scraps ‘golden visas’ for wealthy foreign investors Skip to main ...
Until June 2021, AWE plc was owned by a consortium of Jacobs Engineering Group, Lockheed Martin UK, and Serco through AWE Management Ltd, which held a 25‑year contract (until March 2025) to operate AWE, although all the sites remained owned by the Government of the United Kingdom which had a golden share in AWE plc. [1]
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In July 2020, the United Kingdom government and India's Bharti Enterprises jointly purchased the bankrupt OneWeb satellite company, with the UK paying £400 million (US$500 million) for a 45% stake and a golden share to give it control over future ownership.