Ascom investor says group should consider sale - Finanz und Wirtschaft

Ascom Holding AG

06/03/2019 06:31

ZURICH, March 6 (Reuters) - Ascom's  ASCN.S  biggest
shareholder, Veraison, is demanding the Swiss communications
equipment company consider all options including a sale on
grounds that it is not fulfilling its potential in the health
care sector, newspaper Finanz und Wirtschaft reported.
    Veraison has "no confidence in the current operative
leadership", said Veraison co-founder Gregor Greber, the
newspaper reported. Veraison holds 8 percent of shares in Ascom,
whose stock price has fallen about 40 percent over the last
year. 

 (Reporting by John Miller; Editing by Michael Shields)
 ((J.Miller@thomsonreuters.com; +41 58 306 7734; Reuters
Messaging: j.miller.thomsonreuters.com@reuters.net))