The activist fund Amber Capital intends to push for major requests at the next AGM to be held on 5 May 2020. Among them are to renew the entire supervisory board, to reduce the costs of the holding company and simplify the group’s structure, to review the dividend policy and free up cash to develop the two core divisions (Travel Retail and Publishing).
27 Mar 2020
Final days for a highly unfriendly legal structure?
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Final days for a highly unfriendly legal structure?
Lagardere SA (MMB:PAR) | 0 0 0.8% | Mkt Cap: 3,246m
- Published:
27 Mar 2020 -
Author:
Véronique Cabioc'h -
Pages:
3
The activist fund Amber Capital intends to push for major requests at the next AGM to be held on 5 May 2020. Among them are to renew the entire supervisory board, to reduce the costs of the holding company and simplify the group’s structure, to review the dividend policy and free up cash to develop the two core divisions (Travel Retail and Publishing).