Aryzta faces crunch talks over €800 million funding plan

Aryzta faces crunch talks over €800 million funding plan

Embattled Swiss-Irish bakery company Aryzta is facing last-minute talks with its biggest shareholder early next week over the size of its proposed €800 million capital raise.

It comes as Aryzta prepares to begin sending out circulars related to its annual general meeting, in which the current proposals for the capital raise will be set out.

Cobas Asset Management – which was founded by Francisco García Paramés, known as the Spanish Warren Buffett for his long-term value...

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