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Demands the sale of shares of David Degen Bernhard Burgener.
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Bernhard Burgener, David Degen and their dispute regarding FC Basel's owner's name is only the latest step. The Board of Directors supports Burgener's plans. Bernhard Burgener However, it is impossible to reach an agreement.
Monday's meeting of FC Basel Holding AG's Board of Directors of FC Basel Holding AG was a success. Burgener and Degen were joined by Karl Odermatt (and Peter von Buren) on the four-member committee that approved the plan of the former owner. Bernhard Burgener According to a statement issued by the holding company Degen asked Degen to sell his stake in Basel Dream & Vision AG.
Burgener can sell shares of its to shareholders who are minor according to a law that is legally binding. https://www.srf.ch/audio/info-3/fcb-besitzer-bernhard-burgener-zieht-sich-zurueck?id=11982128 According to the Board of Directors, this drag-along rights is preeminent over Degen's pre-sale right.
Burgener and his crew have made an appearance in the ownership dispute. Bernhard Burgener https://www.fcb.ch/aktuell/videos/uebersicht/detailseite/bernhard-burgener-zum-geschaeftsjahr-2020-10906 Degen insists on exercising his right to first refusal, which he would like to exercise in exchange for 16.4 million francs. Burgener is currently unable to sell his 80 per cent stake to Basel Dream & Vision AG due to a superprovisional order. Centricus, the British asset manager, would also be able to purchase an interest. Burgener will still have the majority of votes.
https://www.youtube.com/watch?v=DHYTMAYLMtU According FC Basel Holding AG's announcement Burgener & Degen are seeking an out-of court settlement "in the best interests of FCB."
Website: https://pitchbook.com/profiles/investor/153717-49
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