The majority of the bank's shares are held by institutional investors.
Today big institutions own the majority of shares in every Fortune 500 company, and they do their business behind the scenes.
The program calls for turning a majority of shares in 600 enterprises over to 20 national investment funds.
These cutouts are not holding the majority of a company's shares.
A majority of shares in the project company will be owned by the strategic investor.
However, the Merck family still controls a majority of the company's shares.
As they controlled an absolute majority of shares, the club was effectively closed.
In 1964 Regnecentralen was taken public, although the majority of the company's shares were held by its biggest customers.
In the same year, the investment firm Triton acquired the majority of shares.
Last week it applied for recognition as a joint stock company with a majority of shares held by its managers and employees.