Jag. share
NZPA-AP London The British Government said it was prepared to relinquish its “golden share” and give up the power to block any takeover of Jaguar, Pic, which is being pursued by Ford Motor Company and General Motors Corporation. Trade Secretary Nicholas Ridley said in the House of Commons that if Jaguar’s shareholders voted by a 75 per cent majority to lift a 15 per cent restriction on holdings in Jaguar, the Government would drop its special share. The golden share and the 15 per cent limit had been due to expire at the end of 1990.
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Press, 2 November 1989, Page 42
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98Jag. share Press, 2 November 1989, Page 42
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