#Latest news with #CevianCapitalBloomberg26-04-2025BusinessBloombergSwitzerland Inc. Fends Off Activist Cevian With Insurance MergerWhen Cevian Capital boosted its stake in Swiss insurer Baloise Holding AG last year, insurance firms across Europe got ready for the activist investor to go straight for its usual playbook. Companies including Axa SA and Allianz SE began to study whether Cevian's engagement could put the Basel-based company, or some of its divisions, into play as takeover targets.
Bloomberg26-04-2025BusinessBloombergSwitzerland Inc. Fends Off Activist Cevian With Insurance MergerWhen Cevian Capital boosted its stake in Swiss insurer Baloise Holding AG last year, insurance firms across Europe got ready for the activist investor to go straight for its usual playbook. Companies including Axa SA and Allianz SE began to study whether Cevian's engagement could put the Basel-based company, or some of its divisions, into play as takeover targets.