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International Press Coverage of CIAM

First activist shareholder makes itself known to Ahold Delhaize

DutchNews

French hedge fund CIAM has criticised plans by Dutch food and retail group Ahold Delhaize to renew a governance structure that it said acts as a poison pill to potential suitors and keeps its share price depressed, the Telegraaf reported on Friday.

CIAM may well be the first activist shareholder to arrive at the gates of the Dutch-Begian group, but it will not be the last, the paper suggests. ‘Anything that looks like a poison pill is a problem of governance,’ Anne-Sophie D’Andlau, co-founder of CIAM, told Reuters news agency.

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