Answer: when it’s a selective mailing sent out to a privileged few under embargo before the formal announcement date.

Today we have the case of Novartis, which yesterday (Thursday, 30-Jan-14) faxed (yes, faxed) an advance copy of its AGM meeting …

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Investment bank Mediobanca is said to have reached a unanimous agreement on the Assicurazioni Generali board list which will include a new chairman for Europe’s third biggest insurer.

Generali is, as the FT puts it “arguably Italy’s most important financial …

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Moves in the Spanish parliament to abolish the 10% voting caps at certain Spanish companies have ground to a halt ahead of Friday’s Iberdrola AGM.

Spain introduced limitations to voting rights in 1951, directly copying a similar German law, with …

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Are some European issuers trying to avoid playing fair with their minority shareholders? With the news that USS and Hermes have now tendered their Océ shares after the Enterprise Chamber of the Amsterdam Court of Appeals rejected the pension funds’ …

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