Sweett 'back to business as usual' as coup fails

摘要

Sweett Group will attempt to entice additional institutional investors after successfully fighting off an attempted leadership coup by former chairman Francis Ives, writes Iain Withers. Chief executive Dean Webster told Building the firm had postponed its search for new institutional investors while the board fought off Ives' attempt to retake control of the consultant, but would now relaunch that effort in June. He said it was now "back to business as usual" at the firm. The board defeated Ives' bid with almost four-fifths of shareholders' votes at an extraordinary general meeting (EGM) held in central London last week.