The board of directors of French crystal glass manufacturer Baccarat on 5 March 2007 adopted a development plan presented by leading shareholder Starwood Capital which aims to double the company“s tu…
The board of directors of French crystal glass manufacturer Baccarat on 5 March 2007 adopted a development plan presented by leading shareholder Starwood Capital which aims to double the company“s turnover within five years. Minority shareholders, including Fondation de Chambrun, rejected the company“s plan to open a chain of hotels and bars in the Caribbean, Hawaii and other exotic locations.