Activist investor bids to block Aryzta share sale

Activist investor bids to block Aryzta share sale
Aryzta aiming to reduce debt pile

Swiss investor Gregor Joos is arguing that the troubled McDonald’s bun maker should instead sell assets and slash management layers, according to a Bloomberg report

A Swiss activist investor is mounting a campaign to block Aryzta’s €800m capital increase, arguing the troubled McDonald’s bun maker should instead sell assets and slash management layers, according to a Bloomberg report which quoted two people familiar with the matter.

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