- Feb 17, 2018
In the UK, there is the public to private takeover battle of Signature Aviation. It's a PE buyout but it involves a public company, and you can read about it here: https://www.ft.com/content/e35c9245-dd4d-4fea-a640-3b69faf76705
In Europe, a big-ticket deal is Couche-Tard's attempted acquisition of Carrefour. It's politically contentious as Carrefour is a major supermarket chain in France, and the French Finance Minister has already spoken publicly about the deal. You can read more here: https://www.ft.com/content/4e8a2ac5-bfa6-4da6-81b5-44d8238644a2
Aside from that, I'd read up on shareholder activism in the UK and US. Given deal activity was through the roof at the end of 2020 and the shock of the pandemic has settled, activist investors are starting to carve out stakes in public companies. A notable example has been Intel; hedge fund Third Point pushed for a change in strategy, which resulted in the CEO stepping aside. The articles are below:
UK shareholder activism: https://www.ft.com/content/86ab653e-380b-462e-8dbc-4e2bfb516504
Hey Raam, I'd be curious to know what your business reading is like at the moment? Do you still make time to read the FT each day etc.?