The liquidation of TV-6 was precipitated by LUKoil, a partly state-owned minority shareholder, using a piece of legislation that was almost immediately repealed.

Investments were valued at NZ$13bn, two-thirds relating to the government's equity investment in wholly or partly state-owned enterprises.

Less-skilled employees tended to be sent home, said Nasser al-Rashed, the chairman and managing director of Kuwait's partly state-owned Public Warehousing Company.

- State owned inspection companies: Only very few companies operating on the market are state-owned or partly state-owned.

The partly state-owned Aeroflot, Russia's largest airline, accounts for 68 percent of Russia's international flights, and has a much smaller share of the domestic market.

RWE and Eletricidade de Portugal are partly state-owned, which may hurt them because a winning bid requires the approval of the Spanish government.

Despite such caveats, the deal looks sensible for BT, which should reassure the British government as it prepares to sell a third tranche of shares in the partly state-owned company.

Browder exposed management corruption and corporate malfeasance in these partly state-owned companies.

The partly state-owned Orient Petroleum Resources Ltd has the headquarters in Awka.

In 2005, the partly state-owned Chinese National Offshore Oil Corporation attempted an $18.5 billion takeover of UNOCAL.