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Porsche and Audi are linked with Volkswagen through shareholding stakes — Porsche owns 31percentt of VW, the parent of Audi — which analysts say will make them stronger.
According to the Financial Times, "Some of the sons and daughters of China' ruling elite managed shareholding stakes [in Alibaba] via a team of banks and investment banks that took small stakes in 2012 that are now worth billions of dollars".
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Japan's cosy old system of cross-shareholdings and stakes held by friendly local banks is breaking down.
For decades the Italian investment bank has sat at the centre of a web of cross-shareholdings, shareholder pacts and nested stakes that has allowed a small group of banks, big companies and rich families to control the destinies of many of Italy's most important firms.
He is presiding over the reduction of Deutsche's big shareholdings in German firms, stakes that are the hallmark of that country's approach to capitalism.
The founding family's controlling shareholding, and a blocking stake held by the state of Lower Saxony, where VW is headquartered, allow it to resist short-term pressures to pull out of any market that turns difficult.
Investors will probably sell part-privatised state firms and those with extensive cross-shareholdings or large family stakes.See article: Share indices reweightedLatin temperamentFacing energy shortages, Brazil announced plans for rationing electricity, aimed at achieving a 20% cut in consumption from July.
So the sports-car maker may have to also hold its own cash call, significantly diluting the stakes of the shareholding Porsche and Piech families.
Yeung himself bought all the stock required to maintain his shareholding at 16%, the largest single stake.
The group's structure was a labyrinth of cross-shareholdings among operating companies and tiny stakes held by the private holding company, Tata Sons Limited (TSL).
UBS placed 50.6m shares at 200.5p on behalf of US hedge fund Elliott Advisors, its last remaining shareholding after it sold a 9.9% stake in March.
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