Keywords: Shareholders


Aspex increases stake in Delivery Hero, intensifying pressure on company leadership

Activist investor Aspex Management has increased its stake in German food delivery company Delivery Hero to around 15%, strengthening its influence over the company and increasing pressure on Chief Executive Officer Niklas Oestberg. The move follows the purchase of a 5% stake from technology investment......

Eni shareholders back board, clearing way for CEO’s record fifth term

Eni shareholders have approved a new board lineup proposed by the Italian government, opening the way for Chief Executive Officer Claudio Descalzi to secure an unprecedented fifth term at the helm of the state-controlled energy company. At the annual general meeting, 51.38% of participating shareholders......

Associated British Foods plans Primark spin-off to boost shareholder value

Associated British Foods has announced plans to separate its low-cost fashion subsidiary Primark from its core food business, in a move aimed at improving operational focus and maximizing long-term shareholder returns. According to a company statement, the board concluded that a spin-off would allow......

Sunway’s $2.7 billion offer for IJM Corp expires after failing acceptance condition

Sunway’s $2.7 billion conditional takeover offer for IJM Corp has expired after the company failed to meet the required acceptance threshold by the 5 p.m. deadline, effectively ending the Malaysian conglomerate’s bid for the construction and property group. Sunway stated it respected IJM......

ISS urges Tesla shareholders to reject Elon Musk’s $1 Trillion pay package

An influential proxy advisory firm has called on Tesla shareholders to vote against CEO Elon Musk’s massive $1 trillion compensation plan, warning that the proposal raises “significant concerns” about its size and structure. In a report released Friday, Institutional Shareholder Services......

Elon Musk’s Pay Package Faces Legal Hurdles as Court Rejects Tesla CEO’s Multibillion-Dollar Deal Again

Elon Musk’s unprecedented pay package, valued at around $101 billion, was once again blocked by a Delaware court, continuing the legal challenges to his massive compensation as Tesla's CEO. Despite receiving shareholder approval at a meeting earlier this year, the package has faced significant......

Tesla Investors Back $56 Billion Musk Pay Deal

Tesla shareholders have approved a groundbreaking pay package for CEO Elon Musk and endorsed a plan to relocate the company's legal headquarters to Texas. Earlier this year, a judge in Delaware had blocked the deal citing concerns over its fairness to shareholders. The vote marks a significant victory......

Tesla: Elon Musk's Lavish Compensation Demand Raises Eyebrows

In an unprecedented move, Elon Musk's colossal compensation package, valued at a staggering $56 billion, has become a subject of intense scrutiny. The saga, which began in 2018 when Tesla's board approved the lucrative deal, took a dramatic turn when a U.S. court annulled the compensation plan......