Activists No Longer Fear Attacking the World's Largest Companies
Large asset managers no longer hesitate to support activist campaigns, which still remain mainly led by hedge funds 22 December 2023
Bruno de Roulhac of L’Agefi covers SquareWell’s latest study – “Activists Go BIG”. The article highlights how activism still have a birght future ahead of it with the average size of the 20 largest targeted companies increased worldwide, from $19.1 billion in capitalization in 2021 to $24.7 billion in 2022 in the US, and from $18.3 billion to $31.8 billion in the rest of the world.
Louis Barbier, a Partner at SquareWell, commented to Bruno de Roulhac “We have returned to pre-covid activity levels. Some companies are emerging from this period weakened and may constitute targets if activists consider that they have not been managed optimally”.
The full article can be accessed here (subscription required, in French).
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