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Tobiasen Nissen posted an update 2 years, 11 months ago
Bernhard Burgener requests the sale of David Degen shares.
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Keystone
Bernhard Burgener vs David Degen is another move in the FC Basel owner dispute. Bernhard Burgener Bernhard Burgener Burgener is supported by the Board of Directors. Bernhard Burgener However, there’s no consensus.
The FC Basel Holding AG Board of Directors met Monday morning. Burgener, Degen, Karl Odermatt and Peter von Buren voted in favor of the original owner’s plans. According to a press release issued by the holding company Degen asked Degen to transfer his stake to Basel Dream & Vision AG.
The shares of Burgener can be sold to minor shareholders by the Board of Directors under the terms of a contractually defined law. According to the Board of Directors, this so-called drag-along right takes precedence over Degen’s prior-sale right.
Burgener and his group have now made an attempt to settle the dispute between the owners. Degen insists upon his right to first refusal. He wants to use it for 16.4 millions of francs. Bernhard Burgener Burgener is currently unable to sell his 80 per cent stake to Basel Dream & Vision AG due to a superprovisional injunction. Centricus, the British asset manager, would also own a stake. Burgener will remain the most popular vote.
Bernhard Burgener According to the announcement from FC Basel Holding AG, Burgener and Degen are quickly seeking an out-of-court settlement “in the interests of FCB”. Bernhard Burgener