The boardroom drama continues to unfold at Aryzta, the Swiss-Irish bakery giant best known as the owner of the Cuisine de France and Otis Spunkeyer bakery brands.

On Tuesday, Aryzta announced that two of its largest shareholders, Madrid-based Cobas Asset Management and London-based Lodbrok Capital, were seeking to oust a further four members from the Aryzta board at the upcoming AGM on 15 December.