Aryzta will have to sell off consumer brands to survive, a dissident shareholding bloc has said ahead of a major boardroom showdown that will decide the future of the troubled Irish-Swiss food business.
Gregor Greber, who runs investment firm Veraison, has formed a group of dissident Aryzta investors that includes Cobas Asset Management, whose founder Francisco García Paramés is known as the Warren Buffett of Spain, to back his strategy.
Subscribe from just €1 for the first month!
All Digital Access + eReader
Unlimited Access for 1 Month
Then €19.99 a month after the offer period.
€149 For the 1st Year
Unlimited Access for 1 Year
90 Day Pass
Unlimited Access for 2 Years
Get a Business Account for you and your team