Majority Stake


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Majority Stake

The ownership of 50% plus one of the stock in a publicly-traded company. This gives the person or company holding majority stake outright control of the company's operations, especially the election of its board of directors. Some majority stake holders are not involved in the daily operations of the company, but most are. Indeed, the majority shareholder is often the company's founder. See also: Parent company.
References in periodicals archive ?
In late July, Austria's utility EVN, which already owns EVN Bulgaria, an electricity distribution company in south and southeast Bulgaria, confirmed it is holding talks for the acquisition of a majority stake in the Maritsa East 3 coal-fired power plant.
Cyclone had accused the Bahraini company of illegally acquiring a majority stake in the Blue City project.
Lufthansa is interested in buying a majority stake in Poland's national carrier LOT, a deputy treasury minister was quoted as saying on Thursday.
It altered its fiscal year following Toll Holdings' purchase of a majority stake.
said Tuesday it may be unable to sell a majority stake of its operations, in a regulatory filing that again highlighted the myriad financial woes at the world's largest automaker.
Four bidders interested in a majority stake in Aero Vodochody have been shortlisted by a Czech government committee.
said it has become the first foreign insurance broker to gain a majority stake in a Chinese company, after getting approval from regulators to take a 51% stake in a joint-venture broker.
Paul Baughman, president and chief executive officer of BIA, is part of a group of investors that in February purchased a majority stake in Philippe Deshoulieres.
Barclays raised its offer for a majority stake in South Africa's biggest retail lender Absa is set to be approved.
Sunderland chairman Bob Murray has a majority stake in the club after his takeover bid was backed by shareholders.
Liverpool want a deal where the Thais do not get the chance to outvote chairman David Moores, but Shinawatra wants three representatives on the board, and a shareholding that will mean the chairman no longer has the majority stake in the club.
Gucciholds a majority stake in the company set up by the 31-year- old daughter of ex-Beatle Sir Paul McCartney.