Jan 07 edition

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Activism

Boardroom shake-up at Spirent Communications

Three institutional investors, led by US investment firm Sherborne Investors, ousted the chairman and two other non-executive directors at technology company, Spirent Communications.

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Relational Investors says change needed at Home Depot

Relational Investors has notified Home Depot that it intends to propose a shareholder resolution at the home improvement retailer’s next AGM.

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Premier Investments seeks Coles Group bid disclosure

Coles Group’s major shareholder is suing the Australian retailer in an attempt to gain access to documents concerning a A$15.5 per share bid for the company from Kohlberg Kravis Roberts (KKR). More >>

Briefs .....

UK activist fund manager, Hermes, has started to disclose details of the votes cast by the BT pensions scheme based on its advice.

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