Bloomberg

(Bloomberg) -- Sixteen months into the fight for control of Sika AG, the Swiss company’s board is still fending off a takeover bid from France’s Cie de Saint-Gobain. As shareholders gather at Tuesday’s annual general meeting, they can at least draw comfort from the fact the value of their stakes is worth 7 percent more than when they met at the 2015 AGM. News is less good for Saint-Gobain owners: their shares have fallen 7 percent in the period.

To contact the reporter on this story: Alice Baghdjian in Zurich at abaghdjian@bloomberg.net. To contact the editors responsible for this story: Tara Patel at tpatel2@bloomberg.net, Zoe Schneeweiss

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