POLAND: Pernod Ricard denies US fund is suing Poland's Agros

By Chris Brook-Carter | 20 September 2000

Pernod Ricard, the French company that controls Polish food and liquor exporter Agros, has denied that US hedge fund company, Highwood Partners has started legal proceedings against Agros Holdings.Reports appeared in the Polish press yesterday that Highwood Partners, a minority shareholder in Agros, was taking the Polish firm to the Warsaw Registration Court for its failure to call a shareholder's meeting after repeated requests from Highwood.

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Pernod Ricard, the French company that controls Polish food and liquor exporter Agros, has denied that US hedge fund company, Highwood Partners has started legal proceedings against Agros Holdings.Reports appeared in the Polish press yesterday that Highwood Partners, a minority shareholder in Agros, was taking the Polish firm to the Warsaw Registration Court for its failure to call a shareholder's meeting after repeated requests from Highwood.

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