Panalpina’s shareholders have begun a new public battle for more control of the company, as it grapples with potential tie-ups with DSV or Agility.
Yesterday, Panalpina’s major shareholder, Ernst Göhner Foundation (EGF), which holds some 46% of the shares, requested new voting rights of ‘one share, one vote’.
Currently, there is a 5% voting restriction on all shareholders, apart from EGF which has ‘grandfathering rights” having bought its shares before the introduction …
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Source: The Loadstar
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