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golden share |
Also found in: Financial, Wikipedia, Hutchinson | 0.01 sec. |
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golden share n (Economics, Accounting & Finance / Banking & Finance) a share in a company that controls at least 51% of the voting rights, esp one retained by the UK government in some privatization issues How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
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| 47% stake is publicly traded while 1 Golden Share is with the State. Furthermore the rating gains stability from the government's golden share and there is also a limit on the maximum ownership in National Grid Group of 15%, Standard & Poor's said. |
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