Kenvue shares surge after activist Starboard takes stake
Starboard Value has amassed a significant stake in Kenvue, which spun out of Johnson & Johnson in mid-2023. Source link
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Mergers and acquisitions
After rejecting Google takeover, cyber firm Wiz says it will IPO ‘when the stars align’
Wiz is hoping to achieve $1 billion in annual recurring revenue in 2025 — a key condition the company wants
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Elliott asks for December special meeting at Southwest Airlines, cuts board slate to 8
Activist investor Elliott Management has requested a Dec. 10 special meeting date at Southwest Airlines, as it seeks to oust
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Hedge fund D.E. Shaw nominates three directors at Air Products, has $1 billion stake
Hedge fund D.E. Shaw has amassed a $1 billion stake in the industrial gas giant and is looking to make
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Pfizer threatened to sue renegade executives prior to activist schism, Starboard’s Smith says
Starboard's Jeff Smith called on the company to assemble a special committee to investigate the matter, describing it as "flagrantly
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7-Eleven’s parent company cuts full-year earnings forecast, presses ahead with restructuring
The news comes as the Japanese retail group resists a takeover attempt by Canada's Alimentation Couche-Tard. Source link
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Former Pfizer CEO, finance chief step back from Starboard’s activist campaign
The about face comes as the board grapples with the activist's efforts, and just days before Starboard's Jeff Smith was
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Activist Starboard Value has $1 billion Pfizer stake, taps former executives for help, sources say
Starboard's stake comes amid a time of struggle at the drugmaker, which has begun to cut costs aggressively as demand
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Online retailer Shein to hold roadshows soon ahead of London IPO, Reuters reports
Shein plans informal investor meetings soon for its London IPO, as it awaits UK regulatory approval, three sources familiar with
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