Activism anxiety will grip French establishment
12/12/2018 09:12
(The author is a Reuters Breakingviews columnist. The opinions
expressed are his own.)
By Rob Cox
PARIS, Dec 12 (Reuters Breakingviews) - Between the state
and raiders like Vincent Bolloré, France is no stranger to
meddling investors. But this year some blue-chips will face cage
rattling. Pernod is just the start. The likes of Saint-Gobain,
Danone, Renault - and even Bolloré’s Vivendi - are no longer
off-limits.
Full view will be published shortly.
On Twitter https://twitter.com/rob1cox
CONTEXT NEWS
- Elliott Advisors, the activist hedge fund, on Dec. 12 said
it acquired more than 2.5 percent of Pernod Ricard, the French
drinks company, which Elliott said “offers one of the most
attractive investment opportunities in the industry, with
significant potential for improvement".
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Activist hedge fund Elliott takes stake in Pernod
urn:newsml:reuters.com:*:nL8N1YH1A3
Elliott statement https://www.businesswire.com/news/home/20181211005869/en/Elliott-Statement-Pernod-Ricard
BREAKINGVIEWS-Telecom Italia stuck in activist feedback loop
urn:newsml:reuters.com:*:nL8N1YG1UM
BREAKINGVIEWS-France can best help Renault by cutting it free
urn:newsml:reuters.com:*:nL8N1XW1YX
BREAKINGVIEWS-Dan Loeb hits limits of “constructivism” on Nestlé
urn:newsml:reuters.com:*:nL8N1TY3UP
BREAKINGVIEWS-Saint-Gobain and Sika build happy truce
urn:newsml:reuters.com:*:nL8N1SI1QE
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(Editing by Peter Thal Larsen and Bob Cervi)
((rob.cox@thomsonreuters.com; Reuters Messaging:
rob.cox.thomsonreuters.com@reuters.net))