Keywords: Shareholder


David Martinez cuts Banco Sabadell stake after failed BBVA takeover bid

Mexican investor David Martinez has reduced his holding in Banco Sabadell, selling nearly 1.6% of the Spanish lender while remaining one of its significant shareholders following last year's unsuccessful takeover attempt by BBVA. Regulatory filings reviewed on Tuesday show that Martinez disposed......

US appeals court overturns class action status in Boeing 737 MAX 9 shareholder lawsuit

A U.S. federal appeals court has overturned the class-action certification in a shareholder lawsuit against Boeing, dealing a procedural victory to the aircraft manufacturer in litigation stemming from the Alaska Airlines 737 MAX 9 mid-air cabin panel blowout. The ruling, issued by the 4th U.S. Circuit......

Burberry shareholders approve CEO pay overhaul despite significant investor opposition

Burberry shareholders have approved a revised executive compensation framework that could substantially increase the long-term earnings of Chief Executive Officer Joshua Schulman if the company achieves ambitious financial and share price performance targets. The decision, endorsed during the British......

Workspace considers further asset sales as battle with Saba Capital intensifies

Workspace Group has indicated it could accelerate property disposals as it prepares for a shareholder confrontation with activist investor Saba Capital Management, which has become the company's largest shareholder after significantly increasing its stake. The UK flexible workspace provider said......

UniCredit secures 17.6% stake in Commerzbank following takeover bid

UniCredit has secured a 17.6% ownership stake in Commerzbank, according to newly released data, marking the latest step in the Italian lender's strategic investment in its German rival following a closely watched takeover attempt. The development comes after UniCredit pursued a months-long effort......

Burberry faces investor backlash over proposed CEO pay package

British luxury fashion house Burberry is facing potential resistance from shareholders over its proposed executive compensation plan, ahead of its annual general meeting next month. The debate highlights ongoing tensions between corporate boards and investors over pay structures in major listed companies. A......

SpaceX IPO reshapes corporate control with unprecedented investor limits

SpaceX is preparing to go public with an initial public offering (IPO) that would significantly strengthen founder Elon Musk’s control over the company while sharply limiting traditional shareholder rights, according to filing documents reviewed by Reuters. Musk’s consolidated control The......

Citi appoints Barclays’ James Potts to lead shareholder advisory unit

Citigroup has appointed James Potts, a senior executive from Barclays, to head its shareholder advisory and activism defense division, according to an internal memo reported on Tuesday. The move highlights ongoing competition among global banks to strengthen advisory services related to shareholder......

Activist investors push BP to maintain climate commitments

A coalition of European investors led by the activist shareholder group Follow This is pressuring BP to maintain its climate-reporting commitments. The investors are urging shareholders to oppose plans to rescind climate-related decisions adopted in 2015 and 2019, which required BP to report on emissions......