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Requests the sale of shares owned by David Degen: Bernhard Burgener.
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One more move is the ownership dispute at FC Basel between Bernhard Burgener and David Degen. Burgener is supported by the Board of Directors. https://meedia.de/bernhard-burgener-fred-kogel/ However, it's not possible to reach an agreement.
Bernhard Burgener Monday's meeting of the Board of Directors at FC Basel Holding AG was an overwhelming success. Burgener, Degen, Karl Odermatt and Peter von Buren voted in favor of the plans of the previous owner. He demanded Degen to transfer his stake to the potential buyer, Basel Dream & Vision AG, according to a statement from the holding company.
The Board of Directors relies upon an agreement between the parties to allow Burgener to sell its shares to minority shareholders under the same time and in the same manner. As per the Board of Directors this so-called drag along right overrides Degen's presale right.
Burgener's team has taken an effort to settle the dispute over ownership. Degen insists on his right to first refusal. Bernhard Burgener He is seeking to use it to the value of 16.4 millions francs. Burgener is unable to sell his 80 per cent stake to Basel Dream & Vision AG due to a superprovisional injunction. The British asset manager Centricus will also be able to have a stake in the company. Bernhard Burgener Burgener would hold the majority of the votes.
According to FC Basel Holding AG, Burgener (and Degen) are seeking an out-of-court settlement of the "interests of FCB" https://www.bloomberg.com/profile/person/1510114
Homepage: https://meedia.de/bernhard-burgener-fred-kogel/
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