Blue-chip companies brace for new assaults by activist investors

  • 📰 axios
  • ⏱ Reading Time:
  • 19 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 63%

France Nouvelles Nouvelles

France Dernières Nouvelles,France Actualités

Companies large and small are on alert for a record wave of attacks this year from activist investors.

last fall captured two key activist trends in a single campaign: Irenic was a first-time activist, and it targeted a large, blue-chip industry name.2022 saw a record number of new activist investors, with 55 first-timers representing 36% of all funds waging campaigns, according to Lazard. The prior record was 48 newcomers for 30% of campaigns in 2018.

Whipsawing markets and tight financing prompted the M&A slowdown, and that meant CEOs were stuck if they wanted to sell or buy a division, or put the whole company on the block. These include Mithril Capital's March campaign vs. Adagio Therapeutics, Mill Road's April campaign vs. Big Lots, and Pacific Point's January campaign vs. CH Robinson.

 

Merci pour votre commentaire. Votre commentaire sera publié après examen.

Good....Karma is a bitch! These companies bowed to the Woke throne and now the Woke Empire has ordered their heads to be cut off.

“Assualts”? C’mon.

😎

Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

 /  🏆 302. in FR

France Dernières Nouvelles, France Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

Asia stocks ease, bonds brace for U.S. data testInvestors are awaiting U.S. inflation and retail sales data that could jolt interest-rate outlook.
La source: Reuters - 🏆 2. / 97 Lire la suite »

Two companies laying off 157 employees in North TexasThe job cuts come just a week after three other firms announced layoffs in Dallas-Fort Worth. Thanks POTUS The crash is just getting started. Buckle up, dementia Joe is driving this bus.
La source: dallasnews - 🏆 18. / 71 Lire la suite »

White House mum on ‘mystery’ Alaska object as US blacklists 6 Chinese companies over spy balloonPresident Biden slapped sanctions on six Chinese aerospace companies to retaliate for the spy balloon that floated across the US mainland last week — but his administration remained mum on th… I’d say it didn’t happen.
La source: nypost - 🏆 91. / 67 Lire la suite »

5 Chinese companies and a research institute blacklisted by U.S. over spy balloon programAs part of its retaliation against China over the alleged spy balloon that flew across U.S. airspace last week, the U.S. has blacklisted six Chinese entities it says were linked to Beijing's aerospace programs. Who said it is “retaliation” YOU? Perhaps it is good business to not let them float over our country! And they answer with another one. Joe gottem good
La source: CBSNews - 🏆 87. / 68 Lire la suite »

High Food Prices, Chinese Demand Boost Prospects of U.S. Agriculture CompaniesThe U.S. agriculture industry is projecting another strong year, with elevated crop prices and China's rebound from Covid-19 expected to boost farmers, chemical suppliers and grain traders but covid19 in China didn't rebound until now They screw us on trade, and we feed them so they can go on doing it.
La source: WSJ - 🏆 98. / 63 Lire la suite »

US blacklists Chinese companies, research institute over suspected spy balloonThe U.S. took action on Friday to blacklist six Chinese entities as part of retaliation over an alleged Chinese spy balloon that was shot down last weekend. Thank god we still have TicTok. Kind of late for this. Yes
La source: FoxBusiness - 🏆 458. / 53 Lire la suite »