Hermes Welcomes Court Verdict On ASMI
August 05 2009 - 12:46PM
Dow Jones News
Hermes Focus Asset Management Europe said Wednesday it welcomes
the court decision to start an investigation into management
decisions by the board of Dutch semiconductor equipment maker ASM
International NV (ASM.AE).
MAIN FACTS:
-Hermes is pleased that the legal proceedings have reached a
conclusion and welcomes the verdict announced today.
-Hermes believes the implementation of the court's decision will
be an important step towards restoring investor confidence, and
trusts that the implementation will be done in a way that is
supportive of the effective running of the business.
- By Amsterdam Bureau, Dow Jones Newswires;
amsterdam@dowjones.com