The board of Fortis has convened a meeting for tomorrow to discuss the angry reaction by retail shareholders and their industry association to last month's announcement of an â¬8bn ($12.6bn) plan to restore its capital ratios.
On June 26, Fortis announced â¬8bn in solvency measures, including â¬1.5bn in the form of an equity placement, the freezing of a â¬1.3bn interim dividend and â¬2bn-worth of asset disposals.
