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 notice to selected names on their share register ahead of the formal dispatch to ordinary […]
Read MoreInvestment 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 institution” and Mediobanca “did not even bother to announce formally its nominees for the top positions […]
Read MoreAre 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’ request to investigate Canon’s tender offer, shareholders might be left wondering what they can do […]
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