Activist shareholders increase pressure on large companies, call for sell-offs

There has been a near-doubling in the number of companies worth more than $1bn who have come under pressure from “activist shareholders” to rethink their strategies and corporate governance.

The result is that these companies are engaging earlier and more carefully with shareholder groups in order to avoid fights at AGM voting time.

Focus is on improving returns to shareholders, by selling off businesses.

http://www.ft.com/cms/s/0/a5b92284-f4e6-11e0-ba2d-00144feab49a.html

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