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Keywords: Shareholders
Germany has officially rejected an offer from Italian banking group UniCredit to acquire shares in Commerzbank, reaffirming its support for the German lender’s independence and long-term strategic development. The decision was announced by Germany’s state finance agency, which argued that......
Investors in Deutsche Bank have called on the German financial institution to maintain strict control over its operating costs during its annual shareholder meeting held on Thursday. The appeal comes as the bank continues to navigate a competitive and uncertain global financial environment. The meeting,......
Shareholders of Chevron voted against a proposal that would have required the company to appoint an independent chairperson separate from the chief executive officer role. The decision was announced during the company’s annual shareholder meeting in Houston. The proposal aimed to separate the......
Shareholders of French retail giant Carrefour are expected to approve a third term for Chief Executive Officer Alexandre Bompard during the company’s annual general meeting. Bompard, who has led the supermarket group since 2017, is widely credited with steering Carrefour through a period of transformation......
Moroccan healthcare group Akdital has announced that shareholders will meet during an Ordinary General Assembly scheduled for June 19 in Casablanca to discuss several governance-related resolutions, including the appointment of new board members. According to the company, the board of directors has......
Activist investor Aspex Management has increased its stake in German food delivery company Delivery Hero to around 15%, strengthening its influence over the company and increasing pressure on Chief Executive Officer Niklas Oestberg. The move follows the purchase of a 5% stake from technology investment......
Eni shareholders have approved a new board lineup proposed by the Italian government, opening the way for Chief Executive Officer Claudio Descalzi to secure an unprecedented fifth term at the helm of the state-controlled energy company. At the annual general meeting, 51.38% of participating shareholders......
Associated British Foods has announced plans to separate its low-cost fashion subsidiary Primark from its core food business, in a move aimed at improving operational focus and maximizing long-term shareholder returns. According to a company statement, the board concluded that a spin-off would allow......
Sunway’s $2.7 billion conditional takeover offer for IJM Corp has expired after the company failed to meet the required acceptance threshold by the 5 p.m. deadline, effectively ending the Malaysian conglomerate’s bid for the construction and property group. Sunway stated it respected IJM......