In a significant development London-based real estate agent Foxtons Group said, it has decided to appoint Guy Gittins as its new CEO. Gittins is currently the CEO of its rival Chestertons. Gittins will take over from Nic Budden; his appointment comes… Read More ›
On Monday. Danone’s board of directors, is set to approve former Barry Callebaut CEO Antoine de Saint-Affrique’s nomination as its CEO. On April 22, De Saint-Affrique had announced that he was stepping down from Barry Callebaut, a Swiss chocolate maker, at the… Read More ›
According to a report from the Wall Street Journal, a group of activist investors who have a stake of around 9.5% in Kohl’s Corp is attempting to take control of the department store chain’s board. The activist investors include Ancora… Read More ›
The development marks the end of a more than two month takeover battle designed to build scale in the consolidating transport sector. On Monday, Swiss freight forwarder DSV A/S disclosed, it will be acquiring Panalpina in a $4.62 billion (4.6… Read More ›
Following the scrapping of the $6.1 billion deal with Fujifilm Holdings Corp, Xerox’s outgoing CEO along with 5 of its directors are being replaced with a new management team. Setting July 31 as the date for its annual shareholder’s meeting,… Read More ›
Xerox found “material deviations” between the audited Fuji Xerox financial statements and unaudited statements that was provided to it earlier. In a significant development, Xerox Corp stated it was in the process of ending its planned $6.1 billion deal with… Read More ›
Elliott Advisors is a unit of U.S. activist investor Elliot Management. In the second such incident in recent months, a unit of Elliott Management, a U.S. activist hedge fund, stated it now holds the largest stake in British hotel and… Read More ›
Billionaire investor Nelson Peltz on U.S. activist investors, conflict of interest at proxy advisory firms, U.S. tax reforms. Nelson Peltz, the billionaire investor has a message for CEOs in America – you do not have to fear for your jobs… Read More ›
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