Ronnie Leten, chairman of Swedish kit maker Ericsson, won’t seek re-election at this year’s AGM. The decision to step down after five years is part of a broader board shake-up that, if approved by ...
SAN FRANCISCO (MarketWatch) — Cevian Capital has grown into Europe’s largest activist investment firm by using shareholder-friendly rules in Sweden and other Nordic countries. But it’s made a few ...
Activist investor Cevian Capital is doubling its stake in Akzo Nobel NV and taking a new position in Swiss food packaging maker SIG Group AG, as it reshapes its portfolio after selling its long-held ...
Simply sign up to the Climate change myFT Digest -- delivered directly to your inbox. Allianz Global Investors, one of Europe’s largest asset managers, and activist Cevian Capital are urging investors ...
Cevian Capital, Europe’s largest activist investor, has taken a €1.2bn (£1bn) stake in UBS in a bet that the lender will double its share price after taking over Credit Suisse. The news sent UBS’ ...
When it comes to its activism strategy, Cevian Capital is known for its skillful approach to the board of the companies it invests in – it has never had to win a proxy battle in order to get a board ...
The investor whom Swedish newspapers call ``the butcher'' and former Prime Minister Goran Persson says is destroying the fabric of his nation's capitalism works out of an 1881 stone townhouse in a ...
“SCLEROTIC companies abound in Europe,” says Christer Gardell, co-founder and managing partner of Cevian Capital, an activist hedge fund based in Sweden. That is an uncommonly pugnacious statement for ...
ZURICH (Reuters) - Swiss freight forwarder Panalpina's board on Tuesday said it would back a proposal by its largest shareholder to shift to a one-share, one-vote system over opposition from activist ...