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027580 Sangbo Co News Story

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Shareholders approve charter changes at European foods company Fortenova

AMSTERDAM, Jan 12 (Reuters) - Shareholders of foods
company Fortenova have approved proposals aimed at making it
possible for the company to operate and make business decisions
while one of its stakeholders is under EU sanctions, the company
said on Thursday.
    Fortenova, headquartered in Croatia, has a Dutch parent
company. A Russian entity that was added to EU sanctions lists
last month holds a 42.5% stake in Fortenova and is the subject
of an ongoing legal dispute in the Netherlands.
 (Reporting by Toby Sterling; Editing by Susan Fenton)
 ((toby.sterling@thomsonreuters.com;))

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