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They approved all the recommendations of the Board of Directors at the extraordinary general assembly meeting.
The agenda included five demands regarding the sale of the company: These included the election of new board members and a new chairman of the board, as well as the delisting of shares from the SIX stock exchange. Von Roll announced Thursday that all applications were accepted by a wide margin.
Traditional Swiss company Von Roll announced the sale in mid-August. The German entrepreneurial family von Finck is selling more than 80 percent of its shares to German manufacturer Elantas, which produces insulation materials for the electrical and electronics industry, which is part of the Altana Group. Behind Altana is another German family dynasty, BMW heiress Susanne Klatten.
(SDA)
Source :Blick
I’m Tim David and I work as an author for 24 Instant News, covering the Market section. With a Bachelor’s Degree in Journalism, my mission is to provide accurate, timely and insightful news coverage that helps our readers stay informed about the latest trends in the market. My writing style is focused on making complex economic topics easy to understand for everyone.
