Cobas Asset Management accuses firm of ‘drawing an unduly grim picture’ of its finances

Investor advisory firm suggests plan is being fast-tracked without adequate consultation

Spanish investor Cobas wants firm to reduce fundraise to €400m and sell €250m in assets

Baked goods group’s largest shareholder says scale of the equity raise is ‘excessive’

Seen & Heard: Bankrupt developer also claims he has no hidden assets or income

Cantillon: Shares in Swiss-Irish food group rise as results broadly meet low expectations