Jun
24
Activist Investors Raise Sights in Europe With U.K. Prime Target
By-
Shareholder ‘wolf packs’ pooling together: Alvarez & Marsal
- Its research suggests activists are targeting bigger companies
Activist investors are targeting bigger companies in Europe with those in the U.K. most at risk of intervention and more shareholders teaming up to force change, according to Alvarez & Marsal Inc.
The average market capitalization of a predicted target company has risen to $17.6 billion from $16.5 billion in a September report, the restructuring consultant said after analyzing 1,715 firms. The 6.7 percent increase compares with a gain of just 1.3 percent for the U.K. FTSE All Share Index over the same period, A&M said…
Activist Investors Raise Sights in Europe With U.K. Prime Target
