Telecomms group migrates to more “flexible” governance code.
Altice, the Luxembourg-based telecommunications company controlled by Drahi, has become the latest company to announce that it is moving to the Netherlands to take advantage of one of Europe’s most flexible corporate codes.
According to the Wall Street Journal, the flexible corporate governance rules are why Italy’s Agnelli family was able to maintain control of Fiat Chrysler Automobiles NV when it switched its domicile to the Netherlands last year.
The paper also notes that pharmaceutical firm Mylan NV fended o
For thoughtful journalism, expert insights on corporate governance and an extensive library of reports, guides and tools to help boards and directors navigate the complexities of their roles, subscribe to Board Agenda