Article

2007-09-02 International-UN-NGOs

Qataris make £1 billion swoop on London exchange

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Posted by lotp 2007-09-02 00:00|| || Front Page|| [4 views ] Top

#1 33% is basically a controlling interest. You only need 1/6 of the remaining votes to go your way and you win every time.

Posted by gorb 2007-09-02 01:43|| 2007-09-02 01:43|| Front Page Top

#2 No gorb, you need 1/4 of the remaining votes to win.

Posted by Chuck 2007-09-02 04:43|| 2007-09-02 04:43|| Front Page Top

#3 Oh yeah, something like that. Oops!

Posted by gorb 2007-09-02 05:54|| 2007-09-02 05:54|| Front Page Top

#4 Actually you are both wrong. A controlling interest is when you hold sufficient shares to win shareholder votes, given the remaining shares will not vote as a block for various reasons. It's generally considered to be in the range of 20% to 30%.

Posted by phil_b 2007-09-02 05:58|| 2007-09-02 05:58|| Front Page Top

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