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

@ianguider
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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