When firms are targets of activists
Indifferent investment returns are sometimes a trigger for activists to become involved, writes Anthony Clark
Like it or not, activist investors are here to stay, and are radically changing the business landscape on the JSE. Many stocks have delisted and been shaken up over the past few years.
For a decade, activism on the JSE has been alive and well. But it has rarely been combative or in the public eye. It has mostly been a gentlemanly affair. That is changing...