Activist investor bids to block Aryzta share sale
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 blockAryzta’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.
Gregor Joos aims to amass a stake of at least 3 per cent through his investment company Larius Capital, the people said. The fund is seeking co-investors and may try to reach 10 ...
