Pernod Richard and minority Agros shareholders end feud

After a several months-long feud between French company Pernod Richard, the strategic investor in food and beverage group Agros, and minority shareholders in the company, Emerging Ventures Limited and Elliot Management, the two sides finally reached an agreement. The shareholders agreed to support Pernod Richard in Agros restructuring and to help it in applying for a stake in the Polmos Poznan distillery. Until now, the minority shareholders were accusing Pernod of acting against their interests and claimed that the contract between Agros and the French company for distribution of Polish vodka brands abroad was unfavorable to them. Pernod Richard holds a 37% stake in Agros, but has 74% of shareholder votes. (Rzeczpospolita, p.B4) M.M.