Fresh setback for Eurotunnel restructuring plan
Finanacial Times: July 7 2006
By Robert Wright, Transport Correspondent
Efforts by Eurotunnel to secure approval for its restructuring plans suffered a fresh blow on Friday when the Channel tunnel operator's most influential shareholder launched an attack on the proposals.
Nicolas Miguet, a share tipster and would-be politician who has a large following among Eurotunnel's small private shareholders, said he would not use proxy votes granted to him to support Eurotunnel's provisional restructuring agreement as it stood.