The Activism Landscape in 2019 in Europe
Louis Barbier, Partner, comments on activism in the UK while Edouard Dubois, Partner, comments on activism in the French market. 11 November 2019
Partners, Louis Barbier and Edouard Dubois, have both commented in the annual report on activism in Europe by ActivistInsight. The report monitors activist investing in a forensic scale, discussing the current state of play across the entire European market. Louis Barbier highlights that in the UK, the common language and attitudes with their American cousins is helpful but not always enough to win shareholder support in the British market. He warns that activists may have to soften their tactics to demonstrate that they are in it for the long haul. Edouard Dubois meanwhile discusses how the situation at Pernod involving Elliott has been a “wake-up call” for French companies. Campaigns in the French market are continuing to become more frequent as shareholders are recognising activism as a strong market force.
You can find the full report here.