Newspaper and publishing group Wegener is in ‘constructive talks’ about its future with minor shareholder Governance for Owners, the Financieele Dagblad reports today.
GO has built up a 5.12% stake in Wegener over the past year. MD Robert Hindle Fisher refused to tell the paper which aspects of Wegener’s operations he felt are not functioning properly. He told the paper GO should not be seen as a hedge fund. ‘We are in for the long term, our investments last for at least three years,’ he was quoted as saying.
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