Tuesday, December 06, 2005

Investor confrontation 'shocks' VNU chief


A growing number of Dutch companies has been forced to scrap strategy or ditch management because of shareholder protests as investor activism makes itself more felt.

This development has been highlighted by events at VNU, the business information group that last month abandoned a $7bn US takeover. This has raised concern and confusion in Netherlands' boardrooms, leading shareholder representatives say.

See full Article.