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Retirement Board ratifies consent for C.S. McKee change in control to Azimut US Holdings
Summary
The board ratified consent to a proposed change in control of C.S. McKee, authorizing Azimut US Holdings Inc. to become the indirect owner of 100% of CSM's voting and economic interests; closing expected on or before Feb. 28, 2026.
The Retirement Board ratified a consent regarding a planned change in control of C.S. McKee in which parent company Azimut US Holdings Inc. would become the indirect owner of 100% of CSM's voting and economic interests. The minutes state the closing is expected on or before Feb. 28, 2026, subject to customary closing conditions. The motion to ratify was moved by Matthew T. Frey, seconded by M. Fritz Leeker and carried unanimously.
The ratification records the board’s consent to the transaction; the minutes do not record further discussion of operational impacts or conditions beyond standard closing contingencies.
