Saverys refuse offer for a few seating up to speed and you will push having complete replacement, when you find yourself John Fredriksen throws submit himself and you will experienced financing director
In the wake regarding the full dismissal of its arbitration claims across the post on a proposed merger having John Fredriksen’s Frontline, Euronav management features answered that have a deal off several recently written board seats each because of its two premier shareholders: John Fredriksen-managed companies and you may Saverys-family-managed Compagnie Coastal Belgium (CMB).
Inside the a contact in order to people connecting the brand new dismissal of your own arbitration legal proceeding, Euronav said CMB had shown its disinclination to just accept the two the fresh new chairs towards Euronav board.
“CMB NV is wearing replied it is maybe not inclined to agree which all the mandates are going to be upwards having talk so you’re able to accommodate an intensive deliberation,” the new Euronav letter said.
Euronav told you CMB features so far refused to sign up the newest “necessary procedure” away from allowing Euronav in order to interviews, have a look at and you may validate CMB’s leftover three advised applicants to your Euronav panel as lay out into the “Belgian team laws and you may business governance”
The new plan situations, generally submit of the CMB, become ousting the modern four members of Euronav’s supervisory panel. Euronav told you it suggests voting against one proposition however, voting to have two of the five people suggested just like the alternatives to the established Euronav board, Saverys nearest and dearest patriarch Marc Saverys and you will Patrick De Brabanere, because “non-separate stockholder nominated Supervisory Panel users”. “Euronav: arbitration overlooked, panel chairs proffered, fulfilling time set”の続きを読む