Zhang Guoqing, the brokerage's chairman, and Yang Jun, the president, have handed management control of the firm over to two senior-level managers.
Hyundai will also cede management control of its financial units.
Mallya ceded management control of his flagship United Spirits Limited to global beverages company Diageo.
News Limited already has management control of Foxtel and appoints its chief executive.
Slim later won management control of Telmex, alienating France Télécom but keeping close relations with SBC.
Who is running Chrysler? A. Fiat has management control of Chrysler, even though it is not the majority owner.
Otherwise, according to terms of the partnership agreement, Merrill would have the right to seize management control of Century.
"The proposed EBA undermines volunteers, our culture, allows the UFU operational and management control of CFA and is discriminatory," the statement said.
The company, whose $2.05 billion deal last April will gradually give it full ownership of I.B.M.'s disk drive division, takes management control of the business today.
Hitachi, whose $2.05 billion deal last April will gradually give it full ownership of I.B.M.'s disk drive division, formally takes management control of the business today.
Mr. Abramovich, owner of Chelsea, the popular British soccer team, stalled the takeover by demanding management control of the combined company after Mr. Khodorkovsky was arrested.
