NETHERLANDS - The opposition of ABP, PGGM, and the Spoorweg (Railways) pension fund to an early merger of Euronext and Deutsche Boerse, proposed yesterday, signals the growing trend of shareholder collaboration, Robeco has claimed.
Erik Breen, Robeco’s head of corporate governance, said the pension funds had voiced opposition to a merger agreement so early in the bidding process, alongside his own firm. He told Global Pens...
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