Yet again, CIAM has hit out against the governance quality of Scor and urged the Board members to protect the interest of its shareholders from the practices of Mr Denis Kessler. The activist fund is clearly preparing for the next general meeting, by putting the CEO and all the Board under pressure. We expect that CIAM will reiterate the same resolution it proposed at the last shareholders’ meeting.
30 Sep 2019
Scor vs. CIAM, no signs of pressures letting up
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Scor vs. CIAM, no signs of pressures letting up
SCOR SE (SCR:PAR) | 0 0 (-0.2%) | Mkt Cap: 6,833m
- Published:
30 Sep 2019 -
Author:
Bassem Neifer -
Pages:
3
Yet again, CIAM has hit out against the governance quality of Scor and urged the Board members to protect the interest of its shareholders from the practices of Mr Denis Kessler. The activist fund is clearly preparing for the next general meeting, by putting the CEO and all the Board under pressure. We expect that CIAM will reiterate the same resolution it proposed at the last shareholders’ meeting.