ALX ASX: Atlas Arteria investors fear IFM board shake-up at AGM
Atlas Arteria shareholders say IFM Investors could use its near 25 per cent stake to force a second strike at the company’s annual general meeting in May.
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Atlas Arteria shareholders say IFM Investors could use its near 25 per cent stake to force a second strike at the company’s annual general meeting in May.
Aware Super and Care Super are the latest to join a growing list of superannuation funds halting work with PwC after it leaked confidential tax information.
Atlas Arteria has fended off IFM Investors, bet the company on a US toll road, and asked its shareholders for $3 billion. It’s been a huge year but not everyone’s happy.
A deal has been struck between the company and its biggest shareholder, IFM Investors, to manage conflicts of interest.
As IFM Investors gears up to battle for more control of Atlas Arteria, it has been raising questions over the capability of the toll road company’s board and management team.