EDITORIAL: Prudential Investment Managers and Value Capital Partners have to make PPC amends
Duo put up a big fight against takeover bids for pressured cement maker three years ago
14 October 2020 - 05:10
If anyone is under the most pressure to ensure PPC’s survival, it should be asset manager Prudential Investment Managers and Value Capital Partners, an investment house best known for using its stakes to push for changes in boards and company strategies.
The duo put up a big fight against multiple takeover bids for the cement maker three years ago, saying the offers fundamentally undervalued the company. ..
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