activist investors News

Swedish Activist Investor Cevian Buys 4.95% Stake in UK Insurer Aviva

Swedish activist investor Cevian Capital AB has bought almost 5% of Aviva Plc, placing it among the insurer’s top three holders. Christer Gardell, managing partner at Cevian, said the Stockholm-based investor now holds 4.95% of Aviva after purchasing almost 195 …

SEC to Revisit ‘Proxy’ Voting Favored by Investors Raising Social, Climate Issues

The U.S. securities regulator is set to review this month rules on corporate democracy, setting it up for a clash with investors who worry the agency will side with companies to diminish voting rights on charged issues like climate change …

AIG Prize Fight Hancock vs. Icahn: Who’s Winning Now?

News that activist investor Carl Icahn has his eye on a company must make any chief executive officer feel a bit like a water buffalo that has suddenly realized it is being tracked by a hungry lion. So it’s worth …

Credit Markets Oppose Splitting Up AIG

American International Group Inc. Chief Executive Officer Peter Hancock has a bit of ammo as he meets Thursday with activist shareholder Carl Icahn: The credit market has been on the insurer’s side. The cost to protect bondholders against an AIG …