Comment: A report suggests that activist investors are softening their approach as they increasingly target European companies. So who are they targeting and what can boards do to prepare?
European companies are increasingly a target of activist investors, but the aggression seen in the past may be softened for a friendlier approach to win results.
That’s the news we hear this week in results for an annual review of activism from the professional services firm Alvarez & Marsal. The firm forecasts that 150 companies across Europe could become targets for activist investors. The UK may account for 52 of those, but its share of target companies is declining from 38% in 2017, 36% in 2018 and forecast for 35% this year.
But what evidence is there that activists are adapting their tactics for European markets? Confronta
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