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Sky shareholder questions Murdoch appointment

Monday 1 February 2016 | 17:44 CET | News
Sky shareholder Royal London Asset Management, which owns GBP 50 million of the company's shares, has criticised the reappointment of James Murdoch as chairman as 'inappropriate', reports The Guardian. RLAM believes that this violates the UK corporate governance code and presents a major conflict of interest as he also run 21st Century Fox, which is Sky's largest shareholder. Ashley Hamilton Claxton, corporate governance manager at RLAM, questioned whether Murdoch would act in the best interests of all shareholders if Fox made another bid for Sky.

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Categories: Broadcast & Satellite
Companies: Sky
Countries: Europe / United Kingdom
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