Bouygues warns of suit in shareholder dispute
Article Abstract:
Bouygues SA announced that the company reserves the right to seek compensation for damages caused by accusations of company investor Vincent Bollore against the company. Bollore claimed there may have been voting irregularities on Jun. 10, 1998, when the France-based construction and communications conglomerate held its shareholder meeting. Bouygues' announcement comes following an announcement of a French court that it has decided to appoint two chartered accountants who will probe whether votes belonging primarily to foreign pension funds were excluded for arriving following a deadline for the vote on a significant resolution.
Comment:
Says it reserves the right to seek compensation for damages caused by accusations of co investor Vincent Bollore
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 1998
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Holzmann plans to raise focus on outside trade
Article Abstract:
The article discusses how Phillip Holzmann AG intends to concentrate more on international business. The firm plans to raise its foreign-construction volume to 60% of its total business in the medium term and 70% in the longer term.
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2000
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Eichel defends bailout of Holzmann by Germany
Article Abstract:
Article describing how Germany's Finance Minister, Hans Eichel, defended the government's bailout of construction company Philipp Holzmann AG, and >reserved the right for the government to intervene again.
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 1999
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