US advisory firm backs dissident shareholders in Aryzta shake-up
Glass Lewis supports case for simplified operational approach and divestment of certain operations
An influential US advisory firm has joined the battle for control of the board of food company Aryzta by backing a group of shareholders seeking to oust a number of its directors.
Glass Lewis said this weekend that it supports the plans by shareholders Veraison and Cobas to shake up the Irish-Swiss company’s boardroom at an investor meeting next month, citing the poor financial performance under the current directors. The move by Glass Lewis is...
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