Photographer: Krisztian Bocsi/Bloomberg

Stada Delays Annual Meeting as Activist Battle Escalates

  • Stada postpones shareholder meeting scheduled for June 9
  • Company brings forward by two years process to renew board

Stada Arzneimittel AG, the German generic-drug maker targeted by shareholder activist Active Ownership Capital Sarl, postponed its annual general meeting scheduled for June 9, striking back at attempts to impose swift change on the supervisory board.

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