Flurry Of Activism Hits Energy Companies ...Middle East

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Flurry Of Activism Hits Energy Companies
source : OILPRICE ( Middle East ) () 40
Shell, BP and Barclays have felt the wrath of activist investors this year as corporate pressure campaigns are launched in record numbers across Europe, new research shows. The number of activist campaigns in Europe has climbed each month this year to a total of 25 campaigns by May, fuelled by a spike in environmental campaigns calling for more ambitious action, according to research from Alvarez & Marsal. The growing momentum bucks the trend of previous years where new campaigns dipped after annual general meeting (AGM) season, typically…

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