Call to action: Investor activism is surging in continental Europe
Taking the Mickey? A battle over Euro Disney
The Economist dedicated an article to the rise of investor activism in Europe and refers to the high-profile battles led by CIAM with Zodiac, a poorly run French producer of aeroplane seats and toilets; the Club Med, a tourism company; and Euro Disney.
The Economist looks at the concerning financial state of Euro Disney, referencing CIAM’s battle with The Walt Disney Company over fees charged to the Parisian theme park operator and the offer made to minority shareholders which CIAM deemed unfair.