ShareholderRights

Barloworld Shareholders Say No to Saudi Zahid's Takeover Offer

1 month ago

In a notable decision that has caught the attention of financial markets, shareholders of the South African company Barloworld have overwhelmingly rejected a takeover proposal put forth by Saudi conglomerate Zahid Group. The rejection has stirred discussions about the future direction of Barloworld amidst ongoing strategic evaluations.

High-Stakes Proxy Battle Unfolds Over $11 Billion Korea Metals Corporation

2 months ago

In a dramatic turn of events in the corporate world, a significant proxy battle has emerged involving Korea Metals Corporation, a colossal player with an estimated valuation of $11 billion. This clash is set against the backdrop of shifting shareholder dynamics and escalating tensions between management and activist investors.

Windfall for Telecom Italia: Italian Court Confirms €1 Billion Boost

3 months ago

In a landmark ruling that promises to significantly bolster the financial landscape for Telecom Italia, an Italian court has upheld a decision granting the telecommunications giant a substantial €1 billion, roughly $1.1 billion windfall. This ruling, which finalizes the financial engagement between Telecom Italia and its former shareholders, marks a pivotal moment for the company as it continues to navigate the complexities of a constantly evolving market.

Trump Seeks Delay in Truth Social Deal Lawsuit Amidst Claims of Immunity

4 months ago

In a significant legal maneuver, former President Donald Trump has requested a federal court to place a hold on a lawsuit concerning a deal involving his social media platform, Truth Social. The lawsuit, which has attracted considerable attention, revolves around allegations of fraud and misrepresentation related to the merger between Truth Social’s parent company and a blank-check firm. Trump's team argues that he is entitled to a form of immunity that should shield him from the litigation process.

Mason Capital Demands Grifols Board Overhaul Amidst Shareholder Discontent

4 months ago

In a bold move reflecting growing dissatisfaction among stakeholders, Mason Capital Management has publicly called for a complete overhaul of the board at Grifols S.A., a notable global player in the pharmaceutical and biotechnology industry. The investment firm, which holds a significant stake in Grifols, expressed concerns over the current board's effectiveness in enhancing shareholder value and steering the company in a positive direction.