Shareholder activist Bluebell fast becoming a CEO’s worst tormentor
London-based fund has taken on at least nine companies including Lufthansa since its launch in 2019 in a fast and fearless campaign
16 March 2021 - 18:32
London — Bluebell Capital Partners does not have a Paul Singer or Bill Ackman at its helm, or billions of dollars to help bend companies to its will. Yet the activist investor is swiftly becoming a nightmare for Europe’s corporate boardrooms.
Just this week, it helped engineer the ouster of food group Danone’s chair, Emmanuel Faber, in the region’s biggest management change of 2021. That came just shy of a year after Mark Langer resigned as CEO of fashion house Hugo Boss after pressure from the London-based fund...
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