Latest news with #boardChanges
Bloomberg
10 hours ago
- Business
- Bloomberg
Activist Investors Flood Japanese Firms With Record Proposals
Activist investors are inundating Japanese companies with an unprecedented number of proposals that will keep executives on their toes at annual general meetings. Firms have received a record 137 requests from activists, according to data compiled by Mitsubishi UFJ Trust & Banking Corp. The shareholders are delving deeper into management decisions and demanding changes to board structures and privatizations.
Bloomberg
2 days ago
- Business
- Bloomberg
Victoria's Secret Pressured by Another Investor Urging Changes
Victoria's Secret & Co. is being targeted by another activist investor seeking a shake-up of the business, according to a person familiar with the matter. Barington Capital Group has built a stake in the lingerie retailer and plans to urge it to make changes to its board and strategy, said the person, who asked not to be identified because the information was private.
