Shareholder

The plan by the British majority owner of consumer goods company PZ Cussons Nigeria to fully acquire the Lagos-listed organisation and take it private fell apart after a key regulator withheld an assent necessary to take the transaction further. “The Securities and Exchange Commission (“SEC”) has declined the company’s request for its No Objection to PZ Cussons (Holdings) Limited’s (“the majority shareholder”) intention to acquire the shares held by all the other shareholders,” a statement published on the…

A great deal has been made about Disney’s struggles at the box office of late, but those battles have become a possible war for The Walt Disney Company as the entertainment giant is fighting a proxy war on two fronts. Two different investment firms are making plays for seats on the Disney board, the most significant, Nelson Peltz’s Trian Group, has the support of former Marvel Entertainment head Ike Perlmutter, but Bog Iger and Disney just solidified a major ally in George Lucas.This morning the man who sold Lucasfilm to…

Attorneys for Meta Platforms and several of its current and former leaders, including founder Mark Zuckerberg, are asking a Delaware judge to dismiss a shareholder lawsuit alleging the company has deliberately failed to protect users of its social media platforms from human trafficking and child sexual exploitation.The lawsuit, filed last year by several investment funds, claims that Meta’s directors and senior executives have long known about rampant human trafficking and child sexual exploitation on Facebook and…

The descendants of Walt Disney and his late brother Roy O. Disney are publicly backing the company and its CEO ahead of an April shareholders meeting. The descendants of Walt Disney and his late brother Roy O. Disney are publicly backing the company and its CEO ahead of an April shareholders meeting. FOLLOW US ON GOOGLE NEWS Read original article here Denial of responsibility! Techno Blender is an automatic aggregator of the all world’s media. In each content, the hyperlink to the primary source is specified.…

The AI train is going full steam ahead by the looks of things, and there seems to be nothing that can stop its wheels from rolling over concerns from AI detractors and doubters. In Apple’s annual shareholders meeting, not only did Tim Cook talk up the firm's AI research, but shareholders summarily killed off a proposal to investigate AI ethics and write up a report.While we have some time to wait until Apple shows us what its next big AI product is going to look like, Cook seems excited to share with the world that it’s…

Allianz launched a €1 billion share buyback program after its fourth-quarter profit nearly doubled, driven by a strong performance in its life-health segment. Allianz launched a €1 billion share buyback program after its fourth-quarter profit nearly doubled, driven by a strong performance in its life-health segment. FOLLOW US ON GOOGLE NEWS Read original article here Denial of responsibility! Techno Blender is an automatic aggregator of the all world’s media. In each content, the hyperlink to the primary…

In the extraordinary general meeting (EGM) of Byju's parent company Think & Learn, key investors voted to remove founder Byju Raveendran as the chief executive and also restructured the board, which includes his wife and cofounder Divya Gokulnath, and brother Riju Ravindran.What is shareholder resolution?Elevate Your Tech Prowess with High-Value Skill CoursesOffering CollegeCourseWebsiteIIT DelhiIITD Certificate Programme in Data Science & Machine LearningVisitIIM LucknowIIML Executive Programme in FinTech,…

Elon Musk and the Tesla shareholder who won a verdict last month voiding the CEO's $56 billion pay package will ask a judge to pause her ruling until an appeal is resolved, according to a Tuesday letter to the court from the shareholder's attorney.Greg Varallo, the shareholder's attorney, said the two sides will agree to a stay if they can reach a deal on an appeal bond. Elevate Your Tech Prowess with High-Value Skill CoursesOffering CollegeCourseWebsiteIIT DelhiIITD Certificate Programme in Data Science & Machine…

More than $70 million could be spent in bid to win everyday investors’ votes. More than $70 million could be spent in bid to win everyday investors’ votes. FOLLOW US ON GOOGLE NEWS Read original article here Denial of responsibility! Techno Blender is an automatic aggregator of the all world’s media. In each content, the hyperlink to the primary source is specified. All trademarks belong to their rightful owners, all materials to their authors. If you are the owner of the content and do not want us to publish…

TotalEnergies said it would increase its dividend and investor payouts this year, after it posted profits of more than $5 billion in the fourth-quarter, below expectations. TotalEnergies said it would increase its dividend and investor payouts this year, after it posted profits of more than $5 billion in the fourth-quarter, below expectations. FOLLOW US ON GOOGLE NEWS Read original article here Denial of responsibility! Techno Blender is an automatic aggregator of the all world’s media. In each content, the…