BOURBON Committee to Examine JACCAR Bid

Posted by Eric Haun
Monday, March 24, 2014
Photo: BOURBON

At its meeting of March 21, 2014, the board of directors of BOURBON noted JACCAR Holding’s proposed bid for shares of BOURBON. It decided to appoint a committee of four independent group directors (Agnès Pannier-Runacher, Guy Dupont, Philippe Sautter and Mahmud Tukur) to examine this project; this committee will solicit proper consultation in undertaking this review. The board will make a decision on the basis of their recommendations when the final terms of the offer are known.

The board also decided to seek approval from shareholders on the following resolutions at the general shareholder meeting to be held Tuesday, May 20, 2014:

    The renewal of the directors’ mandates for three years for Christian Munier and Baudouin Monnoyeur;
    The appointment, as directors, of:
        -Astrid de Bréon, replacing Henri d’Armand de Chateauvieux, for a period of three years;
        -Bernard Schmidt, replacing Guy Dupont, for a period of three years;
        -Wang Xiaowei, replacing Lan Vo Thi Huyen, who resigned, for the remainder of her mandate;
        -Philippe Salle, replacing Philippe Sautter, who resigned, for the remainder of his mandate.

bourbon-online.com
 

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