Aareal Bank AG (AAALF.PK) said Extraordinary General Meeting has approved the removal of Supervisory Board members, as proposed by one shareholder. At the virtual General Meeting, the motions submitted by shareholder Petrus Advisers were adopted by majority.
Petrus Advisers had called for the removal of Supervisory Board members Marija Korsch, Christof von Dryander and Dietrich Voigtländer. A majority of shareholders rejected the replacement candidates put forward by Petrus Advisers. The Bank will now seek the appointment of Supervisory Board members by the court.
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April 17, 2026 15:29 ET The ongoing conflict in the Middle East continues to raise concerns for policymakers who worry about the impact of the supply shock and high energy prices on the real economy. Producer price data and various survey results on the housing market were the main news from the U.S. this week. In Europe, industrial production data for the euro area gained attention. GDP figures out of China and the policy move by the Singapore central bank were in focus in Asia.