Boohoo wins proxy adviser backing in boardroom clash with Mike Ashley
Boohoo has once again urged shareholders to vote against Frasers Group’s proposed board appointments ahead of its general meeting on 20 December.
The recommendation, announced this morning (12 December) follows advice from proxy advisers Glass Lewis and ISS, both of which have recommended shareholders vote “AGAINST” the resolutions.
Glass Lewis raised concerns over conflicts of interest, stating that appointing Mike Ashley to Boohoo’s board could undermine shareholder int
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