Goldilocks Investment is looking to oust the top leadership for struggling commodity trader Noble Group.
The Abu Dhabi-based investment fund, which owns 8.2% of Noble, is urging replacement of the company's nine-member board of directors with its own roster of five nominees.
"In doing so, Goldilocks is continuing to fight for the rights of shareholders and to encourage the board of directors of Noble to redesign and reorient the highly prejudicial and coercive restructuring plan," the fund said in a letter to Noble.
