VIP (Vereinigung Institutionelle Privatanleger) eV
VIP (Vereinigung Institutionelle Privatanleger) eV: VIPsight . May 2015
VIPsight – May 2015 The German Mittelstand Buhlmann’s Corner April 30 – the meeting of the shareholders of Commerzbank, the bank that “from Lehman onwards” hasn’t paid out a cent in dividends but has instead requested ten or so (depending on which brand of arithmetic you use) share capital increases. The State of Germany, currently owner of 17% of the bank, was invited to the meeting just like every other shareholder.. So the state sent its representative to Frankfurt. No faceless bureaucrat nor, by contrast to previous occasions did it delegate the company to vote for it by proxy. A week before the AGM, the media usually has a fairly clear idea as to how the voting will go. After the votes on item 9 on the agenda had been counted, it was obvious that the German Federal Republic had said “no”. Read more on VIPsight.eu! Companies Things are not going too well for Prime Standard-listed Südzucker AG, Germany’s biggest sugar producer. On the one hand the company is having to deal with depressed organic fuel and sugar prices and, on the other, being sued for damages by the confectionary industry for having charged them higher than market prices for their sugar purchases. Read more on VIPsight.eu! People VIPsight France With eight other institutional shareholders, representing more than 1% of the capital of Orange, the French activist fund PhiTrust Active Investors, advised by Proxinvest, has just tabled on the agenda of the 27 May 2015 General Meeting of Orange a new resolution calling for the retention of the single voting right in the articles the company. Read more on VIPsight.eu! End of Media Release Issuer: VIP (Vereinigung Institutionelle Privatanleger) eV Key word(s): Finance 2015-05-29 Dissemination of a Press Release, transmitted by DGAP – a service of EQS Group AG. The issuer is solely responsible for the content of this announcement. The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de |
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