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Burgener wants Degen ordered to buy his shares
Bernhard Burgener asked for the sale David Degen's shares.
Picture:
Keystone

Bernhard Burgener is suing David Degen in the FC Basel ownership dispute. The Board of Directors supports Burgener's plans. But, there is no agreement reached.

Monday morning saw the meeting of FC Basel Holding AG's Board Directors. Bernhard Burgener A majority of the four-person board, which includes Burgener and Degen as well as Karl Odermatt and Peter von Buren agreed with the plan of the former owner. According to a statement from the holding company Degen requested Degen to sell his stake in Basel Dream & Vision AG.

In doing so in doing so, the Board of Directors relies on an agreement with the law firm that permits Burgener to sell its own shares to those of minority shareholders on the same conditions. This drag-along method is considered to be superior to Degen's pre-sales right.

https://www.handelszeitung.ch/management/bernhard-burgener The Burgener team has made a move to resolve the dispute over ownership. Bernhard Burgener Degen insists on exercising his right of first refusal, which he would like to exercise in exchange for 16.4 million francs. Burgener is not able to transfer his 80 per cent stake to Basel Dream & Vision AG due to a superprovisional injunction. Bernhard Burgener https://de.marketscreener.com/boersen-barone/Bernhard-Burgener-05JNHL-E/biography/ Centricus is which is a British asset manager, will also be able to own part of this new venture. Burgener would still receive the majority of the votes.

In the FC Basel Holding AG announcement, Burgener is quickly seeking an out of court settlement "in interest of FCB".
Homepage: https://www.moneyhouse.ch/en/person/burgener-bernhard-17052362701
     
 
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