Website: Globo OnLine Section: Economy Date: 07/01/2005 State
Transcrição
Website: Globo OnLine Section: Economy Date: 07/01/2005 State
Website: Globo OnLine Section: Economy Date: 07/01/2005 State: Rio de Janeiro Time: 07:00:29am Bovespa launches index of companies that protect minority shareholders The São Paulo Stock Exchange (Bovespa) will launch, on Thursday 7, the Tag Along Index (ITAG), a new indicator which measures the performance of shares from companies which give minority shareholders greater protection. The index was presented during a breakfast with the participation of the chairman of Bovespa, Raymundo Magliano Filho, and the chairman of the Brazilian Securities and Exchange Commission (CVM), Marcelo Trindade. In Brazil, the Tag Along is provided for by the Law 10,303/01 (Corporate Legislation), in its Article 254-A, and ensures the extension of the conditions offered to controlling shareholders to the other voting shareholders, in case the company’s control is sold. América Latina Logística (ALL), Banco do Brasil, Diagnósticos da América (Dasa), GOL Linhas Aéreas, Itaú, Net and TAM are among the new index’s companies.
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