Karelian directors in line of fire at upcoming shareholder showdown
A shareholder revolt is set to play out this Friday as an attempt is made to dislodge directors at diamond explorer Karelian.
A rebel shareholder grouping wants to get rid of founder and chairman Richard Conroy as well as non-executive director and Cavan multimillionaire Seamus Fitzpatrick, the boss of Mayfair-based firm CapVest, along with the rest of the board.
On Friday, hostilities will be aired at an emergency general meeting in the Davenport in Dublin.
Subscribe from just €1 for the first month!
What's Included
With any subscription you will have access to
-
Unlimited multi-device access to our iPad, iPhone and Android Apps
-
Unlimited access to our eReader library
-
Exclusive daily insight and opinion seven days a week
-
Create alerts to never miss a subject that matters to you
-
Get access to exclusive offers for subscribers on gifts and experiences
-
Get content from Business Post, Business Post Magazines, Connected, Tatler and Food & Wine
Related Stories
Out of Office: National Cyber Security Centre to get additional €2.5 funding and 20 new roles
The business news you might have missed, all in one place
Content is king – just ask Netflix as rivals attempt to steal its crown
A WarnerMedia-Discovery deal puts the spotlight on streaming wars as around 100 platforms vie for the attention of often fickle audiences
Tom Maguire: Tax changes we make now could help business for years
The way we did business a few months ago may never return – so the opportunity is to make changes that will both aid recovery and set us up well for our new futures
