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The takeover  of Alstom by Siemens presented as a merger “between equals“

The takeover of Alstom by Siemens presented as a merger “between equals“

Without contesting the strategic interest of the merger between these firms, this operation being presented as a merger “between equals” which is – if it is approved in these conditions – a takeover of Alstom by Siemens, and harms the minority shareholders with an insufficient control premium and is unsatisfactory in terms of governance.

Carrefour: governance remains to be improved

Carrefour: governance remains to be improved

Phitrust has put at Carrefour’s AGM agenda several written questions concerning Governance issues.

Phitrust submits written questions for the Carrefour and Renault AGM

Phitrust submits written questions for the Carrefour and Renault AGM

In addition to Phitrust’s campaign on the « Science Based Targets » initiative, in which Carrefour and Renault are both committed, the Mutual fund (SICAV) Phitrust Active Investors France has submitted several written questions to the board of directors concerning the governance of both companies.

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