Sika gains support of shareholder group comprising former Sika directors and senior managers
Sika, the listed Swiss chemicals group, has gained the support of a shareholder group made up of former Sika directors and senior managers, Tagesanzeiger reported.
Without revealing its source the Swiss daily said former Sika directors and senior managers Hans Peter Ming, Walter Grüebler, Thomas Bechtler, Urs B. Rinderknecht, Georg Stucky, Toni Rusch, Fritz Studer and others representing 25,000 shares have formed a group to support Sika in its defense against the takeover attempt by French chemicals group Saint-Gobain.
The shareholder group wants Sika to remain independent, the report stated.
Tagesanzeiger