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HomeLatest NewsMinority associations support ferrovial and defend their right to decide

Minority associations support ferrovial and defend their right to decide

Date: March 29, 2024 Time: 02:47:51

Some minority shareholder associations are in favor of the decisions taken by the Spanish multinational infrastructure company and support Ferrovial’s right to decide on the transfer of the headquarters to the Netherlands. In addition, they appeal to the public powers to ensure compliance with the law.

Together with the Spanish Association of Minority Shareholders of Listed Companies (Aemec), the international association World Federation of Investors (WFI) and the European Better Finance have positioned themselves in favor of the infrastructure company by sending a statement.

In detail, these organizations have stressed the importance of guaranteeing the rights of shareholders as owners of the company, stating the advantages of the project proposed by Ferrovial and which will be submitted to a shareholder vote at the next general meeting on April 13.

Benefits of the transfer of headquarters

For international associations, this cross-border merger proposal entails “advantages”, not only because of “the greater international dimension and notoriety” that this operation would give the Ferrovial brand, but also because considering that, with the transfer to the Netherlands, the company would agree “to greater liquidity, with improved financing conditions and an optimal platform to operate in the United States.”

Similarly, both the European and international federations have underlined the guarantee of the fundamental freedoms of the European Union, such as the free movement of capital and the freedom of establishment regulated in the Treaty on the Functioning of the European Union, so that any limitation of them “goes directly against the interests of Ferrovial’s shareholders”.

In the same way, both the European federation and the international federation have stressed the guarantee of fundamental freedoms in the EU, such as the free movement of capital and the freedom of establishment regulated in the Functioning Treaty

Likewise, they have registered that the public powers “must always ensure compliance with the law and European fundamental rights, which include respect for the rights of shareholders and, consequently, the corporate will of companies”.

* This website provides news content gathered from various internet sources. It is crucial to understand that we are not responsible for the accuracy, completeness, or reliability of the information presented Read More

Puck Henry
Puck Henry
Puck Henry is an editor for ePrimefeed covering all types of news.
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