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Requests the sale of David Degen's shares Bernhard Burgener.
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Bernhard Burgener vs David Degen is yet another step in the FC Basel owner dispute. Bernhard Burgener Burgener's plans are backed by the Board of Directors. However, it's not possible to reach an agreement.
The Board of Directors of FC Basel Holding AG met on Monday morning. Bernhard Burgener Burgener, Degen, Karl Odermatt and Peter von Buren voted in favor of the previous owner's plans. https://www.finanzen.net/nachricht/aktien/dgap-hv-highlight-communications-ag-bekanntmachung-der-einberufung-zur-hauptversammlung-am-29-06-2022-in-pratteln-mit-dem-ziel-der-europaweiten-verbreitung-gem-228-223-167-121-aktg-11427973 Bernhard Burgener https://pitchbook.com/profiles/investor/153717-49 According to a report from the holding company, he requested Degen to sell the stake to Basel Dream & Vision AG.
Burgener can sell its own shares on the same terms to the minor shareholders under a contractually bargained law. Bernhard Burgener In the eyes of the Board of Directors, this drag-along rights is preeminent over Degen's pre-sale right.
Burgener together with his team, have moved to settle the ownership dispute. https://tbivision.com/tag/bernhard-burgener/ Degen insists on having his right to first refusal. He would like to use it to the value of 16.4 millions of francs. Bernhard Burgener Burgener was able to transfer his 80-percent stake to Basel Dream & Vision AG however, Degen is able to obtain an injunction to stop the sale. Centricus which is a British asset management firm is also a potential stake. Burgener would still have the majority of votes.
According to FC Basel Holding AG, Burgener (and Degen) are looking for an out-of-court settlement of the "interests of FCB"
Homepage: https://www.swfinstitute.org/profile/5e39a496fcbe7e8ca71ad3b0
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