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Methanex Settles With M&G Investments, Offers Board Seats

(Reuters) Methanex Corp, the world’s largest methanol producer, said on Friday that it had reached a settlement with M&G Investments in which the Canadian company handed two board seats to its biggest investor. The company said Paul Dobson, one of four directors proposed by the investor, will join the board at the April 25 annual meeting. Another director will join the board after the meeting and will be picked from a list submitted by M&G Investments.

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