Boardroom Mayhem at D1 Oils as CEO Steps Down
by Joelle Dent (Biofuels Digest) …“If there were a medal for valor in biofuels it would certainly go to the board of D1 Oils, which has now had to repel its third take-over attempt by investors intent on abandoning the company’s jatropha mission and making a quick buck.
“The first came from BP…
“Next came South African corporate raider Brian Myerson…
“This latest battle began when D1 proved Myerson wrong by successfully carrying out jatropha plantation at an unprecedented scale with its partner, Indian tea giant Williamson-Magor. Then highly regarded Australian jatropha producer Mission New Energy approached the D1 board with the offer of a friendly takeover opportunity. READ MORE
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