Vista: culture clash or value add? Australian tech investor's boardroom battle
Australian tech investor Potentia wants shareholders to remove Vista chair Susan Peterson. (Image: Vista Group)
Potentia’s aggressive push for board seats at Vista has sparked speculation about a culture clash between the listed cinema software company and its largest shareholder.The Australian private equity firm acquired over 19% of the New Zealand Exchange-listed (NZX) cinema software company this year, making it the largest shareholder.As BusinessDesk revealed in September, the firm rejected Potentia's request for seats at Vista’s board table. Vista's board said it had taken advice from the NZ Shareholders Association (NZSA)...
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