On May 5, the general assembly of the Lagardère group will take place behind closed doors. However, a battle will oppose the fund Amber, the largest shareholder with 16.45% of the shares, and Arnaud Lagardère. The fund is demanding the dismissal of the members of the current supervisory board. Patrick Valroff, president of this council, answers him firmly.
LE FIGARO.- Did Lagardère cancel its dividend under pressure from Amber Capital?
Patrick VALROFF. - No. This decision was taken on the proposal of Arnaud Lagardère and approved unanimously by the supervisory board. He took this initiative under a precautionary principle in the face of the worsening of the world economic situation for a month. This proves that, contrary to what Amber claims, Arnaud Lagardère knows how to make decisions not according to a personal constraint but in the interest of the group and the employees, as evidenced by the creation of a solidarity fund of 5 million euros for the most affected employees
This article is for subscribers only. You still have 81% to discover.
Subscribe: € 1 the first month
cancellable at any time
Enter your emailAlready subscribed? Log in
