Agence France Presse (picked up by dozens of outlets in multiple languages, including Yahoo! Finance) Quotes S&C’s Dan Zacchei on Emerging Trends in Activist Investing:
“The type of corporate self-reflection occurring in the US is happening to a much lesser degree in Europe, leaving more opportunities at European companies for activist investors to catalyze value creation.”
Dan Zacchei, one of the leaders of Sloane & Company, a firm advising activists and companies, said Europe is attractive because of friendly laws and many companies do not have deterrent measures against potential predators.
“European companies have less stringent corporate defenses and may be more shareholder (or in this case activist shareholder) friendly,” he said.