Sabic requests term limit for Clariant board members
30.12.2020
MOSCOW (MRC) -- Clariant's biggest shareholder, Saudi Basic Industries Corporation, on Monday re-ignited a battle over the Swiss chemicals maker's future by seeking a 12-year board member term limit that would force Chairman Hariolf Kottmann's ouster, said Reuters.SABIC, which owns 31.5% of Clariant, asked for the new term limit, including for the chairperson, to be added to the agenda of