Tag «aims for continuity»

SCHMOLZ+BICKENBACH AG’s annual general meeting aims for continuity

Board of Directors recommends capital increase of CHF 330 million, but rejects the excessive capital increase proposed by the  Beteiligungs GmbH/Renova group owing to the major disadvantages this would bring for existing shareholders and the unclear terms of the transaction  Board of Directors supports the existing proportional representation of the family shareholders’ company on …