A number of Vivendi-linked executives quit Telecom Italia, as rival investor Elliott Advisors describes the move as a “cynical” attempt to delay its own attempts to shake up the board.
World’s largest mining company BHP Billiton faces calls to end its dual listing in the UK and Australia, with Elliott Advisors claiming it would create $22bn of value for shareholders.
Elliott Advisors launches fresh attack on Dutch paint maker over newly appointed chief executive Thierry Vanlancker, claiming it raises “significant legal and reputational risks”.
Shareholders demand an investigation of management and call an extraordinary general meeting to vote on the future of chairman Antony Burgmans.
Board of Dutch paint maker under pressure from US fund manager after it rejects third takeover offer.