Italy’s Del Vecchio calls on Mediobanca to grow through M&A

MILAN (Reuters) – Mediobanca’s third-biggest investor Leonardo Del Vecchio called for it to get bigger through acquisition on Friday, stepping up his questioning of the Italian merchant bank’s strategy. FILE PHOTO: Milan’s business district skyline is seen from downtown Milan, Italy , January 13, 2016. REUTERS/Stefano Rellandini/File Photo The 84-year-old Continue Reading

Germany’s Aareal conducts strategic review following calls from investor

FRANKFURT (Reuters) – German real estate lender Aareal said on Monday it had embarked on a strategic review following calls from an activist investor to consider the sale of its software unit Aareon. Hermann Merkens, Aareal’s chief executive officer, wrote in a letter to the shareholder, Teleios Capital Partners, that Continue Reading

Investor group calls on Lyft to scrap dual-class share structure plan: FT

An electric scooter from the ride sharing company Lyft is shown on a downtown sidewalk in San Diego, California, U.S., March 15, 2019. REUTERS/Mike Blake (Reuters) – A group of investors has called on Lyft Inc’s board to scrap a proposed dual-class share structure, as the ride hailing company pitches Continue Reading