Citigroup’s Kiran Moorthy Sees Activists Mix Things Up in Slowdown

Hi, its Swetha Gopinath in London. Today, Im getting an activist outlook from Citis top shareholder advisory banker in Europe. Elsewhere, the Adani rout continues and a Formula 1 racing team gets a new investor. 

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Activist investors are having to go beyond just split or spin options at their target companies amid choppy equity markets and a slowdown in dealmaking. Thats according to Citigroups Kiran Moorthy.