The spotlight has been on Telecom Italia since Vivendi, the French media conglomerate controlled by Vincent Bolloré, built up a 24% stake in 2016. In the past few months, the glare has intensified over a [...]
It's a sign of the times as Italian companies adjust to shifts in ownership and regulation: on December 4th, UniCredit S.p.A. will convene an extraordinary meeting to consider proposals intended to simplify its ownership structure [...]
The increasing spotlight on executive compensation shows no sign of abating, with the topic remaining a hot-button issue for shareholders and the general public alike, leading to critical headlines and political exhortations across the globe. Indeed, [...]
On July 23, 2015, Fiat Chrysler Automobiles (FCA) Group NV, filed a Form F-1 Preliminary Prospectus for the listing of its Ferrari business unit on the New York Stock Exchange (NYSE) at an as-of-yet undetermined [...]
On February 19, Glass Lewis hosted a webinar to discuss the use of double voting rights in the French and Italian markets, as well as other loyalty measures currently under consideration by European institutions. Panelists [...]
Institutional shareholders are losing ground in a little-noticed battle for equal treatment of all shareholders in Europe. First in France, now in Italy, regulators have reversed long-standing one-share-one-vote principles. On December 19, 2014, Consob, the [...]
ENEL S.p.A. Borsa Italia: ENEL Meeting Date: 5/22/2014 State-controlled energy firm Enel, whose executives have been [...]
Parmalat SpA Borsa Italiana: PLT Meeting Date: 4/16/2014 Parmalat just can't get away from past scandals, which have left the company yet again under fire. After a decade-old [...]
For the second time in the past decade, Italian dairy producer Parmalat is in the crosshairs of criminal and regulatory investigations, and now must face angry minority shareholders at the annual meeting at the end [...]
Proxy contests are extremely rare in Italy, but this past week a shareholders’ meeting resulted in a surprising upset in the fight to gain control of Impregilo, one of the leading construction companies in Italy. [...]