BusinessBusiness RecoveryBuchler ‘hot favourite’ for Baltimore post

Buchler 'hot favourite' for Baltimore post

David Buchler, the former head of insolvency body R3, is in pole position to represent private equity firm Acquisitor on the board of cash shell Baltimore Technologies.

Link: Shareholders line up Buchler to run Baltimore

Baltimore chairman Bijan Khezri would welcome Buchler on board in an attempt to work closer with Acquisitor, Accountancy Age understands, despite Acquisitor’s attempts to gain control of the company.

Acquisitor has already prevented Baltimore from reinventing itself as a clean energy solutions provider.

And in a bizarre twist, Baltimore’s 5 July AGM carries a motion to replace its board with Acquisitor’s representatives, yet the same motion will be carried out again directly afterwards at an extraordinary general meeting.

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