One of the mysteries of the English language finally explained.
Public limited company.
- ‘Managers and large shareholders of other Irish plcs considering management or leveraged buyouts must be watching events with great interest.’
- ‘Most insurers, plcs and mutuals alike, are sitting on large heaps known as orphan assets or free estates.’
- ‘The bill requires the establishment of an audit committee in all plcs and large private companies, made up effectively of non executive directors.’
- ‘But Macdonald, the newest and at 40 one of the youngest CEOs among Scottish plcs, is no slouch.’
- ‘If it succeeds, others may try to follow, and the exodus of talented management out of plcs into private equity might be slowed.’
- ‘There is a real pressure on public companies - the plcs - to keep the City sweet.’
- ‘He will specialise in offering a debt and equity restructuring service for UK plcs.’
- ‘The published accounts of Irish plcs are a mixed bag.’
- ‘Another eight to 10 Scottish plcs will be taken over in packaging, ports and transportation, retail and broadcasting.’
- ‘Nevertheless, Nolan is of the opinion that the pension funds of most Irish plcs are adequately provided for.’
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