Fugro's largest shareholder Boskalis deems the clause, called Foundation Continuity Fugro, “outdated” and describes it as “Pandora’s box” and “not in the interest of shareholders”.

According to the measure, a call option on protective preference shares could be used in a takeover situation.

Fugro claims Boskalis' intention to call a vote on the measure is not in line with the law and has opposed the action.

The