51. Lagardere holders ready vote
- Author
-
Colchester, Max
- Subjects
Lagardere S.C.A. -- Investor relations ,Lagardere S.C.A. -- Officials and employees ,Lagardere S.C.A. -- Reorganization and restructuring ,Lagardere S.C.A. -- Company forecasts ,Periodical publishing ,Company restructuring/company reorganization ,Company organization ,Company business forecast/projection ,Banking, finance and accounting industries ,Business ,Business, international - Abstract
At the instance of investor Guy Wyser-Pratte, conglomerate Lagardere SCA's shareholders will vote on resolutions that would add Mr. Wyser-Pratte to Lagardere's supervisory board and change bylaws to narrow the company's focus to improve profitability. Lagardere's profit in 2009 plummeted 77% to 137 million euro.
- Published
- 2010