Rubis : No dissolution at Rubis
>All of management’s resolutions adopted at the AGM - Activist shareholders fail to take control of the supervisory board - There was no dramatic turn of events at yesterday afternoon’s shareholders AGM. All of the resolutions proposed by management were approved (with a quorum of 63%), including the renewal of the mandate of the chairman of the supervisory board (72% votes FOR) and the appointment of new members (between 68% and 73% votes FOR). The activists only man...Rubis is a holding company based in France. Co., through its subsidiaries, is engaged in the bulk import, production or distribution process, and storage of petroleum products in Europe, the Caribbean, and Africa. Co. operates bulk liquid storage facilities for petroleum products, chemicals, fertilizers, edible oils and molasses, and foodstuffs, as well as distributes butane, propane, and petroleum products in wholesale and retail. Co.'s customers primarily include hypermarkets and supermarkets; oil companies; chemists; and traders and intermediaries of fuel, oil or gas, manures, and other liquids.
Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.
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