Nisa takeover: chairman denies reports of revolt

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Nisa has confirmed it has received no request for an extraordinary general meeting (EGM) following a report that members are plotting to overthrow chief executive Nick Read amid takeover talks by supermarket Sainsbury’s. The report, published by the Sunday Times, suggested around 30 rebel retailers were to pool their shares to cross the 5% threshold needed to call a vote on Mr…

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By Helena Drakakis  Avatar
By Helena Drakakis 14 Jul, 2017

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