Sherritt and Pala Announce Board Renewal and Collaboration Agreement
TORONTO--(BUSINESS WIRE)--Sherritt International Corporation ("Sherritt†or the "Corporation†) (TSX:S) today announced that it has entered into a collaboration agreement (the "Agreement†) with Pala Assets Holdings Limited ("Pala†). Under the terms of the Agreement, Pala has withdrawn its requisition for a special meeting of shareholders, agreed to customary standstill and voting covenants, and Sherritt has made certain board and committee changes that will support the leadership transition and executio ...