corporate-governance
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Top StoriesVolkswagen Picks Firm for Xinjiang Site Labour Audit -Sources
Britain Pulls Rules Aimed at Applying Lessons From Carillion, Bhs, Collapses
Date: October 16, 2023
Britain pulls rules aimed at applying lessons from Carillion, BHS, collapses By Huw Jones LONDON (Reuters) – Britain on Monday unexpectedly scrapped “burdensome” draft rules is has already put to parliament for approval just 13 weeks ago to apply lessons from the collapse of builder Carillion and retailer BHS. The business and trade ministry said...
A Pioneering Dialogue Between UK Retail Investors and Listed Companies
Date: October 16, 2023
A Pioneering Dialogue between UK Retail Investors and Listed Companies The symbiotic relationship between shareholders and companies is often ignored, but a new revolutionary social venture, The Engagement Appeal (TEA), has launched to bring together the 35 million retail investors and 2,100 listed companies in the UK. The aim is to harness the collective influence...
Atos Chairman Meunier Steps Down Amid Shareholders’ Uproar
Date: October 16, 2023
Atos Chairman Meunier steps down amid shareholders’ uproar (Reuters) – Atos Chairman Bertrand Meunier has stepped down, the French IT consulting group said on Monday, following an uproar by several minority shareholders as the company seeks to sell large chunks of its businesses to Czech tycoon Daniel Kretinksy. Jean-Pierre Mustier, the former CEO of Italian...
Apollo to Take Wagamama Owner Restaurant Group Private for $623 Million
Date: October 12, 2023
Apollo to take Wagamama owner Restaurant Group private for $623 million By Eva Mathews (Reuters) – Wagamama owner The Restaurant Group has agreed to be taken private by private equity firm Apollo Global for 506 million pounds ($623.44 million) after a year of financial struggles and investor pressure. Under the terms of the deal announced...
Court OKs Mallinckrodt Restructuring, $1 Billion Cut to Opioid Settlement
Date: October 11, 2023
Court OKs Mallinckrodt restructuring, $1 billion cut to opioid settlement By Dietrich Knauth (Reuters) -Drugmaker Mallinckrodt on Tuesday won court approval for a bankruptcy plan that cuts $1 billion from what it must pay opioid crisis victims, cancels existing equity shares, and trims nearly $2 billion in other debt. The Ireland-based company reached a relatively...
Allianz CFO Headed for Generali to Lead Insurance Business – Italian Media
Date: September 29, 2023
Allianz CFO headed for Generali to lead insurance business – Italian media MILAN (Reuters) – Allianz’s Chief Financial Officer Giulio Terzariol is set to leave his post at the German group to take a top job at Italy’s biggest insurer Assicurazioni Generali, two Italian newspapers reported on Friday. Dailies la Repubblica and La Stampa reported...