golden share

The ranking was later changed by two different "Golden shares".

The government retained a 1% golden share and the right to elect one director.

"It is not just a straightforward golden share," he said.

In cases where national interest is at stake, like the military industry, golden shares will still be permitted.

That stalemate might provide a private sector equivalent of the Government's golden share.

The Italian Government owns a 30% golden share in the company.

The government retains a golden share that it can use to veto any takeover plans.

The "golden share" was installed in some privatized companies because they were seen as vital to the national interest.

Golden shares are special stock shares that allow the government to control a company.

The government threatened to use its golden share in Telefonica to torpedo the deal.

At issue is the "golden share" that the governments retained in big privatizations.

Not keeping a government golden share in more UK enterprises 5.

"The Government could retain a so-called 'golden share,' thereby preserving its control," the letter said.

He also would like all correspondence about the future of the Government's 'golden share' in Rover to be published.

The British government sold its remaining shares in 1985, maintaining a £1 golden share which allows it veto foreign control of the board or company.

The national and provincial governments retained a 25% share (including the golden share, held by the former).

A "golden share" is one held by the government that conveys a unique veto right over major decisions, like a takeover.

The Brazilian government retains interest through possession of golden shares, which allow it veto power.

In fact, the golden share has been in the past and continues to be a barrier to the creation of genuinely European public services companies.

Many governments own large stakes in companies without commanding a golden share, and they can use that ownership to block acquisitions.

But he said the Government would retain what he called a "golden share" in some companies in order to influence key decisions.

In 1996 the French government sold its stake, retaining a Golden Share.

The government was to gradually sell off its shares, but in the process retain a "special share" (often called a golden share).

It dismissed the Dutch government's argument that the strategic importance of the companies to the country justified the golden shares arrangement.

The 500 golden shares with extended voting rights, allowing it to block potential takeover bids, were the reason for the Commission's legal action.