R. P. Scherer proxy battle
Executive SummaryAnnual meeting, which began on Aug. 17, will reconvene on Aug. 24. At that time, the results of a shareholder vote relating to three director seats and a proposal made by Carla Scherer fink and brother John Scherer will be announced. In a 180-degree turnaround, Bessemer Securities, a New York investment company with a 6.6% interest in R. P. Scherer, has decided to vote in favor of company management, according to a recent 13D filing. Previously, Bessemer had supported Carla Fink's proposal to sell the company. The status of 9.3% of the company's voting power, which is held in trust, remains uncertain
You may also be interested in...
February and March inspections deferred unless any are deemed mission critical. China director remains behind as staff evacuate.
Successfully acquired by Colgate-Palmolive on 31 January, Hello quickly made a statement with the launch of a CBD oral-care range and its first go at lip care, CBD Vegan Lip Balm. Available exclusively through Ulta Beauty, the CBD products have the potential to score well with younger consumers interested in natural ingredients, eco-friendly packaging and, of course, cannabis-based innovations.
A BLA filing for Zynteglo in beta-thalassemia is expected in the second half of 2020 instead of the first half, but the first commercial patient in the EU will be treated in the first half of this year.