A Desert canal B Place of pilgrimage C Salted, dried apricots who am I?
and nooi come from South African Dutch, where mebos
means 'dried and sugared apricots' from Japanese umeboshi 'dried, preserved Japanese apricot' < ume 'Japanese apricot' (coming from Middle Chinese).
MEBOs are used to privatize a publicly traded company.
The two bourses transferred the stock Monday into their respective supervision posts in view of the prospect that the company will be privatized via the planned MEBO.
Many operations, such as Super, Mebos
and Askari followed.
Privatisation programmes, even in Russia, have primarily proceeded with mass privatisation and management-employee buy-outs (MEBOs) which have often transferred assets to incumbent managers (Andreff, 2004).
First, mass privatisation and MEBOs have eventually transferred controlling blocks of shares to incumbent managers.
In many NIS countries, the privatization process favored insiders either through management-employee buy-outs (MEBOs
) or through voucher privatization with significant concessions to insiders (Table 2).
The main methods to be reviewed here fall into five broad categories: sales of shares or assets; capital dilution; management-employee buy-outs (MEBOs); broad-based or mass privatization; and indirect or partial privatizations via management contracts, leases or service contracts.
Three main types of Management-Employee Buyouts (MEBOs) can be distinguished.
Soon a number of other SADF operations like Super, Mebos
and Askari followed (with Askari on a larger scale than its predecessors), placing a strong emphasis on mechanised groups and conventional weapons.
In management and employee buyouts (MEBOs
), enterprises are sold or given away to insiders, often with payment accepted in the form of vouchers or deferred payment arrangements to address the problem of a lack of capital liquidity in the purchasers.(20) MEBOs
have been used most often in Croatia, Georgia, Hungary, Poland, Romania, Russia, Slovenia and Ukraine.