Sika's family owner seeks to overturn AGM decisions about takeover

April 26, 2015 6:39 PM

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ZURICH, April 26 (Reuters) - The Swiss family that controls chemicals business Sika said it is seeking to overturn several decisions made at a recent investor meeting over a 2.75 billion Swiss franc ($2.88 billion) takeover by French rival Saint-Gobain.

The Burkard-Schenker family decided in December to sell its stake, but faces a protracted legal and regulatory battle with Sika's management and much of its board, which are seeking to block the deal.

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