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As a result CSR will not carry out a proposed share buyback.
Hyundai's president, Park Jong-sup, said the proposed share purchases could be about as large as last year's profit of 200 billion won, or $178.7 million.
The advice came from a leading City investment house days after the Russian president, Dmitry Medvedev, criticised Dudley for messing up a proposed share swap with Moscow-based Rosneft.
Lukoil's president, Vagit Y. Alekperov, said at a news conference on Thursday that a draft of the proposed share sale would "more than likely" be submitted to the government for 2005.
Coeur d'Alene, the world's largest silver producer, is seeking to thwart a proposed share exchange between Wheaton and Iamgold of Toronto, on which Wheaton shareholders are scheduled to vote on July 6.
Outsmarting a Hedge Fund, Canadian Style | It seemed like a clever trade when the American hedge fund Mason Capital Management bet against a proposed share conversion by the Telus Corporation, a Canadian telecommunications company, the Deal Professor writes.
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The proposed share-based deal will offer Xstrata shareholders 2.8 new shares in Glencore.
Ichigo, which held a 13% stake in Tokyo Kohtetsu, approved of the logic of the deal but felt that the proposed share-swap short-changed Tokyo Kohtetsu's shareholders.Some foreign activist investors are also taking a more subtle approach.
In fact, many Republicans strenuously objected last year when the Obama administration proposed sharing limited intelligence about Syria with Russia.
Simulation results and formal analysis demonstrate the correctness and effectiveness of the proposed sharing scheme.
The European Commission proposed sharing out 160,000 asylum seekers between 22 of the European Union's 28 member states.
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