Battle for Ascendis continues as contentious meeting looms
A minority grouping is seeking to force a vote aimed at removing three board members they say are a handicap the company cannot afford
06 May 2022 - 16:41
UPDATED 08 May 2022 - 15:08
Ascendis Health is set for yet another court battle ahead of a contentious shareholder meeting on Wednesday, with a minority grouping seeking to force a vote aimed at removing three board members whom they say are a handicap.
In what could set the stage for a repeat of the struggling healthcare firm’s chaotic AGM in December, these shareholders are seeking to compel Ascendis to put their resolutions to a vote, which could lead to the removal of founders Karsten Wellner and Gary Shayne from the board. ..
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