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He will effectively hold a veto on all major decisions.
Until then, Russian taxpayers will effectively hold them.
Making a similar point, the Telegraph's leading article fears "a party that is literally anti-British... will effectively hold the whip hand in a Westminster parliament.
Making a similar point, the Telegraph's leading article fears "a party that is literally anti-British... will effectively hold the whip hand in a Westminster parliament..
They want Mr Mordashov to launch a full-scale takeover bid under Luxembourg's takeover laws, which require such a move once a holding has reached 33%, believing he will effectively hold a veto on company strategy and policy.
Similar(55)
Remaining employees will effectively have their pay cut.
Our health care system commonly makes the assumption that the family caregiver will be ready, willing, and able to take on their role, do it competently, and effectively hold two lives together.
What will you consider in order to re-develop the first advertisement which might effectively hold your interest; and convince you to buy and consume the product?
Its current owners, including co-founders Dave and Gail Liniger and the investment firm Weston Presidio, will own Class B shares that effectively will hold twice the voting power of publicly traded shares for five years after the brokerage goes public.
"We will still be spending, this year, £31.6bn on tax credits, so we are effectively holding the amount of spending constant".
"The protesters are effectively holding hostage thousands of innocent people.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com