That nearly 20*% stake in our company.... it m
Post# of 149459
it might be an error. But I thought it worth mentioning that when the Gates Foundation takes a stake in a publicly-held company, as it does, it does not oftne buy shares on the open market. The foundation generally acquires its stake through "strategic investments, partnerships, or direct share purchases arranged privately." Of note, such investments may come "as part of agreements designed to support specific initiatives or research projects."
Why would they buy a stake? The Foundation often invests with the goal of advancing its philanthropic objectives. Improving global health is one objective; so it increasing access to medicines.
So let's say they want to advance an HIV cure. They could do that by funding trials. They could also stabilitze the finances of a company that makes a part of that cure. Would buying a fifth of the company require a vote of the company's shareholders? I would think so, but I'm not sure.
Forgive the rampant supposition here.