Swatch Quashes US Activist Attempt to Shake Up Hayek Stronghold

Swatch Quashes US Activist Attempt to Shake Up Hayek Stronghold

Shareholders of The Swatch Group AG rejected US activist investor Steven Wood’s push for a seat on the watchmaker’s board of directors for a second time, reinforcing the controlling Hayek family’s hold on the company.

Original Source

Read the full article at Bloomberg →

KhanList aggregates and links to publicly available news content. We do not host full articles from third-party sources. Always verify important information with original sources.