Panalpina board supports majority stakeholder's call to lift voting restriction
The board of directors at Panalpina, a DSV acquisition target, now supports the proposal from its major shareholder to eliminate the voting restriction, a restriction the major shareholder is not itself subject to. Another shareholder would rather see the restriction apply to all shareholders.
Panalpina's board of directors just announced that it supports a proposal from the logistics company's biggest shareholder, which would remove the voting restriction in Panalpina. Something that has been part of the company's structure until now.
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