Activist Cevian Says Firms Could Boost Value by Changing Listing
- Strategy will be key part of evaluating future investments
- Valuation gap leaves European companies exposed to takeovers
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Cevian Capital AB, Europe’s largest activist firm, says enhancing shareholder value through considering a change in where a stock is listed will be a big part of its investment and restructuring campaigns in the coming years.
Such arbitrage opportunities will be at the top of the firm’s agenda when evaluating investments going forward, according to Christer Gardell, managing partner and founder of Cevian. “We are looking at this everywhere, when it comes to our current portfolio but also when we consider new investments,” he said in an interview in Stockholm.