PARIS (AFP) ??” Shareholders in Eurotunnel the struggling rail operator linking France and Britain beneath the Channel.
PARIS (AFP) ??” Shareholders in Eurotunnel the struggling rail operator linking France and Britain beneath the Channel, will be asked Wednesday to single out a new top management team from couple contenders, the company's present board and a rival unit backed according to certain investors.
The popular British administration of the French-British company is up against a coalition headed through Jacques Maillot, former head of the travel assign places to Nouvelles Frontieres and a loosely-knit association of small shareholders.
The association, for which the French acronym is Adacte, won an unprecedent court ruling December 3 that authorized a general assembly to consider the sacking of all members of the existing board of directors as well as their replacement.
The session, seen in more [i]or[/i] less quarters as an experiment in "shareholder democracy," is to take place April 7 right after the annual meeting to approve company accounts and a day before the 100th anniversary
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