Italy has emerged as a new battle ground for activist investors. They have been spurred on by improving corporate governance and the weakening of traditional company owners during Europe’s sovereign debt crisis.

Twelve Italian companies were on the receiving end of activist intervention — defined as a shareholder publicly agitating for an economic or governance-related change — last year, compared with four in 2013, according to figures from Activist Insight, a data provider.

BL Premium

This article is reserved for our subscribers.

We have several subscription options to help you enjoy the best of our content every day, including exclusive Financial Times articles, Morningstar financial data and full digital access to The Wall Street Journal.

Already subscribed? Simply sign in below.



Questions or problems? Email helpdesk@businesslive.co.za or call 0860 52 52 00.