corporate-governance
Top StoriesAllianz Very Likely to Fully Exit Russia, CFO Says
InvestingAutoStore Shares Fall 12% on Worries Over Growth
Top StoriesProxy Advisers Split Over Vote on Leonardo CEO Liability Action
Top StoriesBeyond Cigarettes: Philip Morris Lights up Race With Swedish Match Bid
Explainer-Can Elon Musk Renegotiate a Lower Price for His Twitter Deal?
Date: May 11, 2022
By Greg Roumeliotis (Reuters) – Twitter Inc shares have plunged to their lowest level since the social media company agreed to sell itself to Elon Musk for $44 billion on April 25, raising questions over whether the world’s richest person will try to renegotiate the deal. On Tuesday, the implied probability of the deal closing...
Three Big Asset Managers File Joint Climate Resolutions at J-Power
Date: May 11, 2022
By Makiko Yamazaki TOKYO (Reuters) – Three European asset managers, including the largest, Amundi, said on Wednesday they had jointly filed climate-change resolutions at Japanese electricity generator Electric Power Development Co Ltd, known as J-Power. In what they say are the first climate-related proposals by an institutional investor group to a Japanese firm, Amundi, hedge...
BlackRock to Back Fewer Shareholder Resolutions in This Agm Season
Date: May 10, 2022
By Simon Jessop LONDON (Reuters) – BlackRock said on Tuesday it expected to support fewer shareholder resolutions on issues such as climate change in the current season of annual general meetings, as many proposals were too prescriptive. BlackRock, the world’s biggest asset manager, with just under $10 trillion in assets, has moved to strengthen its...
Decline and Near Fall of Italy’s Monte Dei Paschi, the World’s Oldest Bank
Date: May 6, 2022
MILAN (Reuters) – An appeals court on Friday acquitted all 13 defendants, as well as Deutsche Bank and Nomura, over derivative deals that prosecutors alleged helped Monte dei Paschi di Siena hide losses in one of Italy’s biggest financial scandals. Here is a timeline of key events in the recent history of Monte dei Paschi...
Soccer-Rangers Pay Tribute to Late Kitman Bell After Leipzig Win
Date: May 6, 2022
(Reuters) – Rangers manager Giovanni van Bronckhorst said they toasted former club kitman Jimmy Bell, who died this week aged 69, after their Europa League semi-final victory over RB Leipzig on Thursday. Goals from James Tavernier, Glen Kamara and John Lundstram fired Rangers to a 3-1 win over the German side on Thursday and a...
The ‘s’ in ESG’s Impact on M&A & How to Mitigate Risks
Date: May 5, 2022
By Rusty Wiley, Chief Executive Officer of Datasite Strong environmental, social, and corporate governance (ESG) is increasingly viewed as a mark of business quality and a favorable predictor of long-term revenue by global regulators, investors, customers, and employees. In turn, ESG is also becoming a more vital part of mergers and acquisitions (M&A) strategies. For...