Deal with US firm validates its decision to ‘remain independent’, bakery group says
News of approach came less than 24 hours after Kevin Toland quit as chief executive
Shareholders have been agitating for an overhaul of Swiss-Irish baked goods firm
Shareholders’ choice of Urs Jordi leaves the food giant’s sale to Elliott up in the air
Andreas Schmid’s appointment was set to be challenged by dissident shareholders at egm
Foodservice sector remains most affected but gradual improvement in quick serve restaurants, retail
Activist investors up the ante ahead of August showdown with Swiss-Irish food group
Activist investors up the ante ahead of August showdown with Swiss-Irish food group
Shareholders set up potential showdown with board after proposing extraordinary meeting of shareholders
Cuisine de France owner is under pressure to reverse precipitous collapse in share value
Irish-Swiss group announces review amid further decline in shareholder value
Swiss-Irish food group once hitting turnovers of €5bn now facing debts of €1.6bn
Investors fleeing company which makes Cuisine de France bread and McDonald’s buns
Latest share price fall for Irish-Swiss baker follows an analyst warning of a cash call on shareholders amid concerns about its debts
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