FN London

Financial News

News

Law

Asset Management

Investment Banking

Wealth

Hedge Funds

People

Newsletters

Events

Lists

Asset Management

Activists are surging in Europe, but there are still plenty of targets

Despite some high-profile and successful campaigns, poor corporate governance is all too common across the continent

By

Anne-Sophie D’Andlau

and

Catherine Berjal

A protest by service workers at EuroDisney's resort near Paris. The company has also come under fire from an activist investor
A protest by service workers at EuroDisney's resort near Paris. The company has also come under fire from an activist investor Photo: Getty Images

Explaining her reasons for quitting the board of Euro Disney in early 2017, Valérie Bernis stated that she felt unable to protect the interests of minority shareholders.

For us and CIAM, the investment firm that we co-founded and run, it was a significant statement. For the previous 18 months, CIAM had been campaigning for Walt Disney to pay a fair price to delist Euro Disney, its European subsidiary responsible for Disneyland Paris.

WSJ Logo
Microsoft Faces $1.3 Billion Antitrust Lawsuit Over Cloud Services in U.K.

Microsoft Faces $1.3 Billion Antitrust Lawsuit Over Cloud Services in U.K.

Musk’s Multibillion-Dollar Pay Package Is Rejected Again by Judge 

Hedge Fund Paloma Partners Offers IOUs to Fleeing Investors

Le Pen Squares Off With French Government, Markets in Budget Showdown

Intel CEO Pat Gelsinger Resigns After Struggling to Turn Around Chip Maker