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Tag: shareholder

Boohoo shareholder sells off shares in firm worth nearly £80m | Business

One of Boohoo’s largest shareholders has sold off more than half its stake in the online fashion retailer, saying its response to reports of poor working conditions in its supply chain had been inadequate. Aberdeen Standard Investments sold off 27m shares this week, worth nearly £80m at Thursday’s closing price, as it said recent events …

Boohoo shareholder sells off shares in firm worth nearly £80m | BusinessRead More

Amazon, SoftBank held talks over Russian online retailer Ozon, shareholder says, Retail News, ET Retail

Global retail giant Amazon and Japanese SoftBank have made approaches to Russian conglomerate Sistema about a possible acquisition of its online retailer Ozon, Sistema’s majority owner Vladimir Evtushenkov said on Saturday. It’s not immediately clear if talks are still under way or have ended. Sistema has said it was looking for partners to invest in …

Amazon, SoftBank held talks over Russian online retailer Ozon, shareholder says, Retail News, ET RetailRead More

Sleepy G4S misses warning signs as top shareholder publicly shuns firm | Business

Is anybody awake in G4S’s boardroom? You would struggle to believe so when you read the limp corporate response to the news from Norway, where the local $1tn sovereign wealth fund has dumped G4S from its investment portfolio because it sees unacceptable risks that the company is violating the rights of its migrant workers in …

Sleepy G4S misses warning signs as top shareholder publicly shuns firm | BusinessRead More

Carpetright looks to biggest shareholder for £80m sale to stay afloat | Business

Carpetright is in talks about a cut-price £15m sale to its biggest shareholder as the specialist retailer said it needed to raise £80m to stay afloat. Meditor, a British hedge fund headed by former Old Mutual banker and poker player Talal Shakerchi, already owns 30% of Carpetright’s shares and bought up more than £40m of …

Carpetright looks to biggest shareholder for £80m sale to stay afloat | BusinessRead More