PARIS, May 21 (Reuters) - Valeo shareholders rejected all board members proposed by U.S. investment fund Pardus, including its President Karim Samii, which had sought board representation at the French car parts maker. Samii won 38 percent of the shareholder votes at Valeo's annual shareholder meeting on Monday. As Valeo's biggest single shareholder with a 14 percent stake, U.S. investment fund Pardus had been aiming for board representation. Pardus wants Valeo to begin a strategy ...
Premium Content (PAID Subscription Required)
"Valeo rejects Pardus board member proposals" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:
All of WardsAuto's reliable, in-depth industry reporting and analysis
Hundreds of downloadable data tables including:
• Global sales and production data by country
• U.S. model-line inventory data
• Engine and equipment installation rates
• WardsAuto's North America Plant by Platform forecast
• Product Cycle chart
• Interrelationships among major OEMs
• Medium- and heavy-duty truck volumes
• Historical data and much more!
Current subscribers, please login or CLICK for support information.