Majority Stake

(redirected from Majority Stakes)

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.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved
References in periodicals archive ?
Turkey's largest hospital chain Medical Park said it has signed an exclusivity agreement with the United Kingdom-based private equity firm Pamplona Capital for the sale of majority stakes.Medical Park founder Muharrem Usta, who also holds 30 percent of the firm shares, confirmed the sale talks and said the negotiations are continuing, Wall Street Journal reported on April 21.
Global Banking News-January 17, 2013--Zimbabwe to compel Western banks to sell majority stakes to locals(C)2013 ENPublishing - http://www.enpublishing.co.uk
The government of Zimbabwe, as part of its indigenization plans, is to pressurize Western banks to sell their majority stakes to locals.
The company said that it has agreed to invest CNY110.0 million and CNY82.3 million in cash, respectively, in the two companies in return for the majority stakes. Both companies were previously controlled and managed by Ms Ding Xin and Mr Zhao Baogang and have been responsible for the production of various television shows.
Online game developer Perfect World Co Ltd (Nasdaq: PWRD) today announced that its subsidiary Beijing Perfect World Cultural Communications Co Ltd (PW Cultural) has agreed to take a majority stake in two Chinese media companies, Beijing Xinbaoyuan Movie & TV Investment Co Ltd (Xinbaoyuan) and Shanghai Baohong Entertainment and Media Co Ltd (Baohong).
Summary: Moroccan's Attijariwafa Bank on Thursday (September 24th) announced the acquisition of majority stakes in major banks in Congo and Gabon.
Global Banking News-July 30, 2012--Central bank of Zimbabwe warns against seizing majority stakes in foreign banks(C)2012 ENPublishing - http://www.enpublishing.co.uk
Summary: Morocco's private banking group Attijariwafa Bank said on Thursday that it has acquired majority stakes of France's CrE[umlaut]dit Agricole in two African banks, "CrE[umlaut]dit du Congo" (Congo's first bank) and "Union Gabonaise de Banque" (third important Gabonese Bank).
M2 EQUITYBITES-26 July 2010-Perfect World to acquire majority stake in Chinese media companies(C)2010 M2 COMMUNICATIONS http://www.m2.com
Interbrew, the Belgian-based beermaker, acquired a majority stake in the Pleven Brewery in Bulgaria, making it the company's fourth operation in Bulgaria.