Mills holds shareholder meeting on board shake-up tied to Loxam deal

Reuters2026/08/23 12:25

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Mills held an extraordinary shareholder meeting on Aug. 24, 2026.
Shareholders backed removing all board members, with discharge effective only if Loxam’s control acquisition closes.
Investors also endorsed cutting the board to five members, conditional on completion of the Loxam transaction.
Votes supported waiving a board-candidate eligibility requirement for Gérard Georges Déprez and Stéphane Jean Hénon, subject to closing.
Shareholders rejected adopting cumulative voting for the board election process.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Mills Locacao, Servicos e Logistica SA published the original content used to generate this news brief on August 23, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Mills holds shareholder meeting on board shake-up tied to Loxam deal

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