Deals
Hoffmann-La Roche Family Pool Loses Voting Majority in Roche
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A pool of descendants of Roche Holding AG’s founder lost a voting majority in the Swiss drugmaker after a family member decided to become an independent stockholder.
Maja Oeri, a descendant of founder Fritz Hoffmann-La Roche, decided to exercise her shareholder rights separately, Bruno Dallo, the family’s representative at Scobag Privatbank AG of Basel, Switzerland, said in a statement. She holds a 5 percent voting stake. The pool, which was set up in 1948, now has 45.01 percent voting rights in Europe’s largest drugmaker by sales, according to the statement.