Business BroadcastGrupo DIA’s corporate governance under scrutiny as minority shareholders, led by Western Gate, meet to discuss transparency and reform
Members of the Coalition (“Coalition”), comprised of over forty minority shareholders in Distribuidora Internacional de Alimentación, S.A. (“DIA” or the “Company”), convened in Madrid on Thursday 21 November to gather momentum in the fight for urgent changes at DIA. The Coalition, united by concerns over DIA’s significant undervaluation relative to its peers and the Board’s lack of transparency, is determined to promote better corporate governance at the Spanish supermarket chain. “Since forming in September 2024,...