Swatch shareholders reject activist investor's bid for board seat
12/05/2026 10:56
ZURICH, May 12 (Reuters) - Swatch UHR.S shareholders on Tuesday rejected a bid by activist investor Steven Wood for an independent director's seat, according to people familiar with the meeting, opposing the latest challenge to the Hayek founding family's control over the group. (Reporting by Alessandro Parodi in Gdansk and Olvier Hirt in Zurich, editing by Milla Nissi-Prussak) ((Alessandro.Parodi@thomsonreuters.com;))
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