USS / Hermes court request rejected

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UK/NETHERLANDS - The Enterprise Chamber of the Amsterdam Court of Appeals has rejected a request by Hermes and the Universities Superannuation Scheme to investigate Canon's tender offer worth €730m (US$998.4m) to buy Océ.

In February, the two UK investors asked the Enterprise Chamber to consider the allegedly "deteriorated position of minority shareholders" following the recently changed corporate governance structu...

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Giovanni Legorano

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