The date is November 1, 2018 and the scene is the Samsung Hall outside Zurich – a 5,000-seater event centre with a floor-to-ceiling video screen hosting rock concerts, musicals and statutory meetings for the many companies headquartered in the Swiss financial capital. The gathering on the day is the AGM of Aryzta, the Irish-Swiss frozen bakery manufacturer. Once formal reports are adopted and officers elected, the meeting moves on to the meatiest item on the agenda: an €800 million capital increase to raise fresh funds and save the company from collapsing under the mountain of debt accumulated during the acquisition…

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