(Evening Standard) A UK hedge fund has won a high-stakes boardroom battle at boutique hotels chain NH Hotels after shareholders voted to boot out the chairman and three other members. Mayfair-based Oceanwood Capital led an activist campaign against the four, who it said had a conflict of interest because they were linked to the Spanish hotels company’s biggest shareholder, Chinese firm HNA Group.
Hedge Fund Wins Battle to Remove Board Members at NH Hotels
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