Aryzta AG (ARYN.S)
18 Apr 2019
Thu, Nov 15 2018
ZURICH, Nov 15 Aryzta AG: announces result of rights offering - 97.4% of the subscription rights for new registered shares exercised (Reporting by Michael Shields)
* Shareholder Cobas says considering "additional measures" (Adds detail, Chairman and shareholder comment)
ZURICH, Nov 1 Aryzta's biggest shareholder, Cobas Asset Management, said it would consider "additional measures" for the baking group whose annual meeting approved a capital increase over Cobas's objections.
ZURICH, Nov 1 Aryzta will go ahead with an 790 million euro ($898 million) capital hike after its shareholders on Thursday narrowly approved a plan to raise more dough for the Swiss-Irish bakery company.
ZURICH, Oct 23 Aryzta's row with its largest shareholder, Cobas Asset Management, deepened on Tuesday, with the investor accusing the Swiss-Irish baking company of painting "an unduly grim picture" of its financial situation to ram through a disputed capital hike.