Herbert Smith Freehills Kramer Podcasts

Shareholder Activism EP5: Shareholder influence on M&A

Herbert Smith Freehills Kramer Podcasts
In this episode we talk about the influence we have seen shareholders have on recent transactions.Areas we discuss include shareholders:•pushing for M&A•influencing M&A, including through the use of irrevocable undertakings and stub equity•looking to block deals; and•being directly targeted for support by both targets and bidders.We also discuss the key takeaways for companies when dealing with shareholders.Speakers Antonia Kirkby and Greg Mulley.