Lagardere shareholder pushes for transformation

Lagardere shareholder pushes for transformation

3/26/2020

Lagardere shareholder pushes for transformation

Lagardere SCA's largest shareholder Amber Capital LP has proposed a radical transformation of the group's strategy and governance in response to the underperformance of the stock. The asset-management firm said Thursday that the French media group should review its governance structure by renewing the entire supervisory board as well as revising its capital-allocation strategy and dividend policy.

Read more: MarketWatch

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