3 oct. 2019 - Chapter 8 of Davies Governance Insights 2019
Current Trends in Shareholder Activism in Canada
Disponible en anglais seulement.
Over the last two years, the Canadian market experienced two significant proxy battles driven by activist U.S. hedge funds. In 2012, Bill Ackman’s Pershing Square Capital Management initiated a proxy challenge that successfully replaced the CEO and changed the board composition of the historic Canadian Pacific Railway Limited; and in 2013, JANA Partners attempted to elect five of its nominees to the 12-person board of the Canadian potash giant, Agrium Inc. (Agrium).
This article was first published in the May 2014 edition of Financier Worldwide magazine.