Analysts have hit out at last week's decision by the board of the £1.7bn Electra Private Equity investment company to terminate its contract with investment manager Electra Partners after four decades, warning the announcement has exacerbated an already...
Follows shareholder demand
Board member Cullinan resigns
Shareholders in Electra Private Equity have voted to elect activist investor Edward Bramson onto the board, after a public debate over the future of the trust.
Share price total return up 25%
As Alliance Trust reaches an uneasy truce with activist investor Elliott Advisors, Investment Week looks at previous attempts at boardroom coups, and how they ended.
Alliance Trust may find inertia its most powerful weapon in the attempt to fight off Elliott Advisors' proposals for change at the company.
Edward Bramson's Sherborne Investors has further upped its interest in Electra Private Equity as it plans its next move following an unsuccessful attempt to take control of the trust last year.
Electra Private Equity shareholders have rejected activist investor Edward Bramson's attempts to force a change in the board and running of the company.
Private equity firm Electra has rebuffed activist investor Edward Bramson's attempt to become a director.