Bull markets, activists and deals
Wednesday, 2 May 2018, 6:27 pm
You can tell it's a bull market (and maybe the top of the market?) when an activist emerges on a company register, pushes for new independent board members and hardly anyone in the London market blinks.
The latest is Petrus Advisors, which has reportedly bought a 3pc stake in the listed German brick maker Weinerberger, and has proposed two new independent directors for the company's supervisory board...
Tags: Wienerberger, Petrus Advisors