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SEC Grants No-Action Relief to Whole Foods to Exclude Proxy Access Shareholder Proposal

2014-12-11 19:01:25| Grocery - Topix.net

On December 1, 2014, the staff of the Securities and Exchange Commission granted no-action relief to Whole Foods Market regarding its request to omit a shareholder proposal from its proxy materials pursuant to Rule 14a-8 under the Securities Exchange Act of 1934. Rule 14a-8 states that a company may exclude a shareholder proposal if such proposal directly conflicts with one of the company's own proposals to be submitted to shareholders at the same meeting.

Tags: access sec relief proposal

Steadfast welcomes Calliden shareholder approval

2014-12-08 02:35:15| Furniture - Topix.net

Steadfast Group Limited welcomes the outcome of today's Scheme1 Meeting whereby Calliden Group Limited shareholders approved Steadfast's proposal to acquire 100% of the ordinary shares in Calliden. Upon implementation of the Scheme, Steadfast will immediately on-sell Calliden's general insurance operations and part of the agency operations to Munich Holdings of Australasia , a subsidiary of Munich Re.

Tags: approval shareholder welcomes steadfast

Heineken's Nigerian merger deal gets shareholder nod

2014-12-05 11:41:00| Daily beverage news and comment - from just-drinks.com

Plans to merge Heineken's Nigerian subsidiaries Nigerian Breweries and Consolidated Breweries have moved a step closer after the units' shareholders approved the deal.

Tags: deal merger shareholder nod

First woman wins shareholder award

2014-12-03 06:05:37| Chemicals - Topix.net

The top director of the year according the New Zealand Shareholders Association is Joan Withers, the first woman to win the award. She was chosen for the Beacon Award because of her outstanding governance skills, ability to lead others, high ethical standards and respect for rules, and avoidance of self-interest, chairman John Hawkins says.

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