Swedish activist investor Cevian is closely monitoring Swiss insurer Baloise's upcoming strategy overhaul to decide whether to increase its stake. In response, Baloise has pledged to refocus its business and is targeting higher returns for shareholders. However, the strategy update did not include the asset disposals that Cevian, Baloise's largest shareholder, had expected. Baloise is also considering changes to its board of directors, chairman says.
Swiss insurer Baloise targets higher shareholder returns after Cevian move https://t.co/JrR3kwsBCe https://t.co/90GB8BGtBf
Swiss insurer Baloise pledges to “refocus” its business in a strategy update that stopped short of the asset disposals expected by activist investor Cevian, its largest shareholder https://t.co/ErVjriJ7KN via @business @paula_doenecke #Switzerland
BlackRock is joining with private-equity firm Partners Group to offer wealthy investors a way to tap in to the opaque world of private markets https://t.co/tGIXoJfwBU https://t.co/tGIXoJfwBU