Activists Go Dark to Ease European Boardroom Struggles

Photographer: Francesca Volpi/Bloomberg
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Hi, it’s Swetha Gopinath in London. In today’s newsletter, I’m looking at a relatively hushed market for activist investors in Europe. Elsewhere, Musk lurches toward his Twitter deal and Chinese IPOs are staying local.

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Activist investors are proving an unlikely source of respite for European companies in a year that’s otherwise brought one headache after another.