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"Unibail: shareholder initiative referendum"

2020-11-16T09:23:29.557Z


CHRONICLE - For Jacques-Olivier Martin, shareholders must be allowed to express themselves in exceptional circumstances.


All it took was a general meeting for the Unibail capital increase project carried by the management and directors of the company to be swept away by the votes of the shareholders.

Simple, fast and effective.

In one month, Xavier Niel and Léon Bressler, the two “activists” of the real estate group, succeeded in imposing their strategic vision.

Shareholder democracy has worked perfectly.

Read also:

Real estate: Xavier Niel's coup de force at the giant Unibail

This unprecedented outcome in memory of observers of the CAC 40, some speak of a putsch, is to be pondered while a few governance issues are agitating French capitalism.

We naturally think of Suez.

Is it not time and even urgent that the shareholders of the champion of the environment could take a clear position on the takeover offer of Veolia or on the sanctuarization of water in France in a foundation under Dutch law decided by the only management and board of directors of the group?

Isn't it up to the co-owners to quickly decide what is best?

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Source: lefigaro

All business articles on 2020-11-16

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