01
Feb
15:28
Court rejects minority shareholder case against Swiss Steel
The district court of the Swiss city of Lucerne has rejected a request for provisional measures by Swiss Steel Holding's minority stakeholder Liwet against a capital increase. The latter is owned by Russian billionaire Viktor Vekselberg.
The court decided so on the grounds that Liwet failed to present credibly valid reasons why the capital increase approved by shareholders on 22 December 2020 could be challenged. Amongst other things, the court held that …
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Anonymous
Very good overview of the weekly steel market.
Anonymous