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In 2005, Almarai entered a new phase, transformed from a company with limited liability to a joint-stock company. The move was part of the company's IPO, as they floated 30% of the company shares on the Saudi Arabian stock market, the Tadawul. All shareholders, including The Savola Group, diluted their shares for the IPO to take place. However ...
The U.S. Supreme Court sidestepped on Friday a decision on whether to allow shareholders to proceed with a securities fraud lawsuit accusing Meta's Facebook of misleading investors about the ...
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WASHINGTON (Reuters) -The U.S. Supreme Court grappled on Wednesday over a bid by Meta's Facebook to scuttle a federal securities fraud lawsuit brought by shareholders who accused the social media ...
Nayef bin Sultan Al Kabeer (born 29 January 1975) is a Saudi businessman who has been the chairman of the board of directors of Almarai Company since March 2020 when his father Sultan bin Mohammed resigned from the post. [1] Nayef bin Sultan is a member of the Al Kabeer cadet branch of the Saudi royal family.
The CEOs of Live Nation and Liberty Media, the largest shareholder of the entertainment company, defended Ticketmaster and its merger with Live Nation on Thursday after receiving criticism ...
[135] [136] In November 2015, after skepticism about the accuracy of its "monthly active users" measurement, Facebook changed its definition to a logged-in member who visits the Facebook site through the web browser or mobile app, or uses the Facebook Messenger app, in the 30-day period prior to the measurement. This excluded the use of third ...
The Berkshire Hathaway chairman's 2023 shareholder letter had a reflective tone, looking back at Munger's work and comparing it to the market Wall Street sees before it today.