BELL Rock has registered its protest against Whitehaven Coal’s US$4.1 billion acquisition of BHP Mitsubishi Alliance’s Daunia and Blackwood coal mines by leading shareholders to lodge a shock strike against the company’s remuneration report at the miner’s annual general meeting.
The Whitehaven board now faces the prospect of a spill motion if it receives another strike at next year’s AGM.
The move came after the Takeovers Panel rejected Whitehaven's 11th-hour bid to have the activist fund manager disqualified from voting at its AGM. Bell Rock, which did not have any representatives at...
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