Thursday August 6, 2020

Veraison chief urges Aryzta to hold egm before key review

Stakeholder Veraison proposes radical shake-up of the Zurich-based food business

Ian Guider

Markets Editor

5th July, 2020
Gregor Greber, who runs investment firm Veraison, is an activist investor who is seeking to oust Gary McGann, chairman of the well-known Irish-Swiss food company Aryzta

Aryzta should delay acting on the results of a strategic review of its business until the make-up of its board is decided, according to the activist investor seeking to oust the food company’s chairman.

Gregor Greber, who runs investment firm Veraison, said the Irish-Swiss company should continue with the review being carried out by bankers at Rothschild, but not implement any of its findings pending the outcome of the extraordinary general meeting (egm)...

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