cross-shareholding

The proposals address AAR's fears that the cross-shareholding would entitle BP and Rosneft to seats on each other's boards.

BP Gets Russian Reprieve Guy Chazan 2011

BM&F Bovespa already has a cross-shareholding agreement with CME Group Inc., the world's largest futures exchange.

Emerging-Market Exchanges Join Forces Devon Maylie 2011

Out goes the cross-shareholding agreement, which Exxon doesn't need.

Russia's Need Is Exxon's Opportunity Liam Denning 2011

The companies also signed a cross-shareholding agreement that will see BP take an additional 9.5% stake in Rosneft, and Rosneft take a 5% stake in BP.

Rosneft, ExxonMobil to Explore for Black Sea Oil Geoffrey T. Smith 2011

Because pervasive cross-shareholding comes with a tacit pact that the corporate cross-holders won't vote to unseat management, side with activist shareholders against management, or even sell their holdings, there are few domestic institutional voices demanding dividend payments or more corporate investment.

Governing Japan's Corporate Savings Nicholas Benes 2010

The CBI, while presenting its status report on the investigation to the Supreme Court Wednesday, submitted details of the cross-shareholding between Essar group companies and Loop Telecom.

India Telecom Probe Body to File New Charges in August R. Jai Krishna 2011

Shareholders are also worried about BP's plans for a cross-shareholding in OAO Rosneft, the state-controlled Russian oil company.

BP to Face Tough Crowd at Meeting Guy Chazan 2011

BP described it as the first cross-shareholding between a state-owned national oil company and a western oil major.

BP, Rosneft Deal Draws Criticism Guy Chazan 2011

Instead, it said it will address its cross-shareholding structure with its parent group and substantial insurance business by the end of 2011 through a so-called "switch guarantee," which has been approved by the French regulator.

Crédit Agricole Swings to Loss Elena Berton 2011

He reiterated that there is no plan to raise the cross-shareholding within the alliance.

Nissan's Infiniti To Share Mercedes Platform Christophe Rauwald 2011