Business
Palliser intensifies campaign to push Rio to give up London listing, FT reports
Global Banking & Finance Review®
Company
(Reuters) – Activist investor Palliser Capital has intensified its bid to push Rio Tinto to abandon its
(Reuters) – Activist investor Palliser Capital has intensified its bid to push Rio Tinto to abandon its London listing, demanding an independent review of the miner’s corporate structure in Australia, the Financial Times reported on Wednesday.
Palliser had first called for Rio to abandon its London listing and unify its corporate structure in Australia in May.
(Reporting by Kanjyik Ghosh; Editing by Varun H K)
An activist investor is an individual or group that buys a significant stake in a company to influence its management and operations, often pushing for changes to increase shareholder value.
Corporate governance refers to the systems, principles, and processes by which a company is directed and controlled, focusing on the relationships among stakeholders and the goals of the organization.
A stock exchange is a marketplace where securities, such as stocks and bonds, are bought and sold. It provides a platform for companies to raise capital and for investors to trade shares.
A financial market is a marketplace where buyers and sellers engage in the trading of assets such as stocks, bonds, currencies, and derivatives, facilitating capital allocation and liquidity.
Explore more articles in the Business category
