Aryzta shares in tailspin as investor support wears thin

Shares in Cuisine de France owner Aryzta plunged by nearly 17% — wiping around €120m off the company’s value — after its AGM saw investors narrowly approve the food group’s funding plans and give only moderate backing to the company’s management.

Aryzta shares in tailspin as investor support wears thin
Fri, 02 Nov, 2018 - 07:30

By Geoff Percival

Shares in Cuisine de France owner Aryzta plunged by nearly 17% — wiping around €120m off the company’s value — after its AGM saw investors narrowly approve the food group’s funding plans and give only moderate backing to the company’s management.

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CourtsPlace: USPerson: Geoff PercivalPerson: Gary McGannPerson: AryztaPerson: Kevin TolandPerson: McGannOrganisation: AryztaOrganisation: Cuisine de FranceOrganisation: Cobas Asset ManagementOrganisation: ISSOrganisation: CobasOrganisation: Dublin Airport Authority
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