• Aucun résultat trouvé

Press Release from the Board of Directors


Academic year: 2022

Partager "Press Release from the Board of Directors"


Texte intégral

(1)Press Release May 5, 2008. Press Release from the Board of Directors The Accor Board of Directors has noted the disclosure by Colony and Eurazeo that, acting in concert, they have raised their interest in the Company to 17.52% of outstanding shares and 15.71% of voting rights and intend eventually to increase this stake to up to 30%. The Board thinks that this initiative confirms Accor’s favorable growth potential. The Board has also noted Eurazeo’s desire to be represented on the Board of Directors alongside Colony, which already has two representatives. Prior to any such decision, however, the Board would like for the two shareholders acting in concert to: - Expressly confirm their support for Accor’s expansion strategy, which is based on two businesses, Hotels and Services, and which Colony has been supporting through the strategic partnership formed with Accor in 2005. - Demonstrate its commitment through a long-term stability pact to guarantee that their increased equity interest will not lead to a de facto takeover—either active or passive—of the Company.. At a later date, the Board of Directors will issue an opinion in the light of these factors as well as the competitive issues raised for Accor with regard to the risk of a de facto takeover by investors who are also present in the hotel industry. The Board of Directors is committed to preventing a takeover of Accor that would avoid having to make a public offer for all of its outstanding shares.. WorldReginfo - 4817d784-9862-4a29-a89e-3d8d8cf5af49. - Provide additional answers to the questions they were asked concerning the history and nature of their relationship and the conditions under which they increased their stakes..

(2) Accor, a major global group and the European leader in hotels, as well as the global leader in services to corporate clients and public institutions, operates in nearly 100 countries with 150,000 employees. It offers to its clients over 40 years of expertise in two core businesses: Hotels, with the Sofitel, Pullman, Novotel, Mercure, Suitehotel, Ibis, all seasons, Etap Hotel, Formule 1 and Motel 6 brands, representing 4,000 hotels and nearly 500,000 rooms in 90 countries, as well as strategically related activities, such as Lenôtre. Services, with 30 million people in 40 countries benefiting from Accor Services products in human resources, marketing services and expense management.. Alain Delrieu Senior Media Relations Officer Phone: +33 1 45 38 84 85. INVESTOR RELATIONS Eliane Rouyer-Chevalier Senior Vice President Investor Relations and Financial Communication Phone: +33 1 45 38 86 26. Solène Zammito Deputy Director Investor Relations Phone: +33 1 45 38 86 33. WorldReginfo - 4817d784-9862-4a29-a89e-3d8d8cf5af49. MEDIA CONTACTS Emmanuelle Baumgartner Senior Vice President Media Relations Department Phone: +33 1 45 38 84 77.



Documents relatifs

To test these hypotheses, we used a theoretical framework to analyze the impact of board characteristics on company performance on the one hand and we chose a descriptive method

The Governance & Nominating Committee of the Mental Health Commission of Canada (MHCC) is currently seeking applications to fill several positions on its Board of Directors..

« La stratégie en matière de santé mentale pour le Canada qui a récemment été rendue publique souligne qu’il faut travailler avec les Premières nations, les Inuits et les Métis

Leur contribution sera extrêmement importante car ils orienteront la Commission dans sa mission visant à faire de la santé mentale l’une des grandes priorités au pays et pour

of the French Commercial Code, and after hearing the report of the Board of Directors and the Statutory Auditors’ special report, the General Shareholders’ Meeting: • authorizes

The Board of Directors does not approve the proposed resolution A During its meeting held today, the Board of Directors reviewed the proposed resolution A submitted by a group

Mercedes Erra is Executive Co-Chairman of Euro RSCG Worldwide, President of Euro RSCG France, Founder of BETC Euro RSCG, France’s leading advertising agency, and Managing Director

Our results show that a high level of education is important for directors sitting on the board and is insignificant for the audit committee (Table E-7). The two governance indexes