AVI calls on Third Point shareholders to ditch director

Threat of legal action reiterated

clock • 2 min read
AVI calls for dismissal of TPIL non-exec Joshua Targoff
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AVI calls for dismissal of TPIL non-exec Joshua Targoff

Asset Value Investors has called on other shareholders of Third Point Investors Limited to vote for the removal of a non-independent director from its board at an extraordinary general meeting to be held on 1 December.

AVI executive director and head of research Tom Treanor accused AVI of "intransigence and disregard for good corporate governance" due to a continued refusal to put AVI's "discount-control related advisory...

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