The rejection follows vehement opposition from a consortium led by French billionaire Xavier Niel and Leon Bressler, the company’s former CEO. “We will need to study all possible alternatives to rapidly strengthen the group’s financial structure,” Chief Executive Christophe Cuvillier said on a call. Shareholders also approved three supervisory board appointments put forward by the rebel consortium – namely Niel, Bressler and Catalan businesswoman Susana Gallardo. …read more
Source:: Yahoo Finance
