German companies increasingly as a target

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(Photo: dpa)

Dusseldorf In the coming year, European companies will have to adapt more to attacks by activist investors. Above all, companies in Germany and Switzerland are in the sights of the funds, which want to influence corporate management and thus drive the share price up. That’s what the consulting firm Alvarez & Marsal (A&M) is forecasting.

According to a current analysis by A&M, which is available to the Handelsblatt, this is being driven by the low stock market valuations of German companies in particular and the trend towards splitting off parts of the group.

The capital market experts operate a leading database on the behavior of activist funds and the influence of investors on 1600 listed companies in Europe. “Our data signal that the funds are again increasingly interested in company investments and will form a counter-position to the management – publicly as well as behind closed doors,” says Patrick Siebert, Managing Director and Co-Head of A&M in Germany.

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