Ethos, 11 Sika Shareholders Call for End to Opt-Out Clause
2014-12-23 08:30:57.393 GMT
By Paul Verschuur
(Bloomberg) -- Swiss activist shareholder group submits
resolution to EGM.
* Says opt-out lets Saint-Gobain avoid making offer to
minorities
* Says Saint-Gobain purchase of majority stake from founding
family is “very detrimental to minority shareholders and
endangers one of the flagships of Swiss industry”
* NOTE: Sika Is Open to Talks With Saint-Gobain to Address
Deal Flaws
* Statement
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To contact the reporter on this story:
Paul Verschuur in Zurich at +41-44-224-4103 or
pverschuur@bloomberg.net
To contact the editors responsible for this story:
Mariajose Vera at +49-89-244478-803 or
mvera1@bloomberg.net
Paul Verschuur
2014-12-23 08:30:57.393 GMT
By Paul Verschuur
(Bloomberg) -- Swiss activist shareholder group submits
resolution to EGM.
* Says opt-out lets Saint-Gobain avoid making offer to
minorities
* Says Saint-Gobain purchase of majority stake from founding
family is “very detrimental to minority shareholders and
endangers one of the flagships of Swiss industry”
* NOTE: Sika Is Open to Talks With Saint-Gobain to Address
Deal Flaws
* Statement
For Related News and Information:
First Word scrolling panel: FIRST<GO>
First Word newswire: NH BFW<GO>
To contact the reporter on this story:
Paul Verschuur in Zurich at +41-44-224-4103 or
pverschuur@bloomberg.net
To contact the editors responsible for this story:
Mariajose Vera at +49-89-244478-803 or
mvera1@bloomberg.net
Paul Verschuur