Activist Fund Elliott Keeps up Pressure on Drinks Group Pernod - Yahoo! UK & Ireland Finance -BoardProspects

Activist Fund Elliott Keeps up Pressure on Drinks Group Pernod

Yahoo! UK & Ireland Finance Feb 8 2019 BoardNews

(Reuters) - Activist investor Elliott kept up the pressure on French spirits group Pernod Ricard, welcoming this week's first-half results but calling for boardroom changes and better margins. Elliott, which has built a stake of just over 2.5 percent in Pernod Ricard, has called on the family-backed group to raise profit margins to bring them more into line with British rival Diageo...
Read Full Article

Bookmark or Share this article

Login to comment.
Related Articles
- Germany's Corporate Governance Problem also categorized in BoardNews
- The Other Duty of Corporate Governance also categorized in BoardNews
- Netflix: Icahn Says Poison Pill 'Poor Corporate Governance' also categorized in BoardNews
- Have the Swiss Gone Cuckoo? also categorized in BoardNews
- Boardroom Shake-Up Claims WPP Pay Chief also published in Yahoo! UK & Ireland Finance
- Taiwan Court Orders Reinstatement Of Two CPDC Board Candidates As Contested Vote Nears also categorized in BoardNews
- SFO inquiry to examine ENRC’s offshore payments also published in Yahoo! UK & Ireland Finance
- Corporate Boards: Shifting From Aging Men To New Generation Of Women? also categorized in BoardNews
- Getting Gen-Y on Boards (of Directors) also categorized in BoardNews
- 20 Taiwan Businesspeople To Watch -- James Kuo, Austin Liu and Andy Lu also categorized in BoardNews

Search:
Categories
1. BoardProspects Features:
  BoardBlogs, BoardKnowledge, BoardMoves, BoardNews, BoardProspects Announcements, BoardProspects CEO, CEO Blog, In the News, Partner Publications, Sponsored Content
Quotes
1. Pernod's half-year earnings announcement confirmed the strong growth potential and solid financial performance of the company. It also reflected a first small step in starting to address the company's shortcomings in operational efficiency.
2. Necessary enhancements to the company's board and corporate governance have yet to be addressed.
Topics Mentioned