Petroceltic wins ownership battle

Irish explorer Petroceltic International has won a series of shareholder votes on resolutions that sought to oust the chief executive and install two nominees of activist investor Worldview Capital Management to the company's board.

Vote victory: Shareholders back Petroceltic's Brian O'Cathain
Vote victory: Shareholders back Petroceltic's Brian O'Cathain
Published 25 February 2015, 15:44Updated 17 October 2016, 13:15
Europe