Hong Kong's adherence to its rules may force the IPO of Alibaba to be done elsewhere. The largest shareholders of the Alibaba Group have backed the partnership structure proposed by the company that was the central issue of a debate as to the permission to list its shares in the bourse.
Tags: Shareholders
Shareholders reject executive compensation scheme for second straight year
Oracle Corp shareholders had rejected for the second year the executive compensation scheme for CEO Larry Ellison et al.
China Modern Dairy shareholders sell 5.2% stake
Shareholders in the largest milk producer in China sold nearly 5.2% stake. A group of shareholders raised nearly HKD855. 4 million or USD110 million from the sale of 5.
Air France CFO blasts Alitalia for lack of information
In a news report in the Italian daily Il Messagero, a letter from Air France CFO criticized Alitalia for the lack of information regarding key decisions made on their joint venture where it owns 25%.
New Dell board down to three seats
With Michael Dell owning 75% of his company, the new board would consist of himself and two other appointees from Silver Lake Management.
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The cancellation of the Telecom Italia board meeting buys the firm more time to plan out ways to revitalize its flagging business.
KPN shareholders would meet to study American Movil's bid. Dutch phone company Royal KPN NV had been awaiting a bid from America Movil SA with a planned sale of its German wireless business in order to avoid paying taxes on its future earnings.
Telefonica is reviewing proposals to assist Telefonica Italia shareholders unload their shares, among other options as the company moves forward.
There are many options available to Telecom Italia, but there are specifics being searched for, according to its Chairman Franco Bernabe.
The USD130 billion payout to Vodafone, even with its sharing of proceeds with shareholders, allows current CEO many options for the company's future.
The proposed US $24.4 billion deal to buyout the computer maker company keeps on dragging leaving to shareholders the decision whether to postpone vote or raise its share prices.
EasyJet gets approval from majority of its shareholders to proceed with its plan to purchase additional Airbus planes.
OAO Pharmstandard stated they would buyout disgruntled investors at a discount. Russia's biggest pharmaceutical company, OAO Pharmstandard, shrunk the most since May 2009 after its plan to buy out unhappy investors' shares at a discount was revealed.
BlackBerry CEO asked investors for patience during meeting. Chief Executive Officer of BlackBerry Ltd. , Thorsten Heins, asked investors for more time and their patience at the company's annual meeting on Tuesday.
