The Globe and Mail: Rise in shareholder activism is keeping Walied Soliman and the firm’s special situations team very busy
Kanada | In the media | April 2023
Activists advancing: Why boardroom battles are accelerating across Canada
Canada is seeing a boom in strategic shareholder activism as investors take advantage during this period of economic uncertainty. Walied Soliman, chair of Norton Rose Fulbright Canada and co-chair of the special situations team, sat down with the Globe and Mail’s Jameson Berkow to discuss corporate proxy battles and hostile takeovers. “Canada is the most fertile ground for strategic [acquirers] looking to do a hostile bid and for shareholders looking to cause change on a board in the entire Western world,” describes Mr. Soliman. That’s because Canada’s rules governing corporations are not as stringent, creating a space for activists to thrive. Read the article for all the details.
Canada is seeing a boom in strategic shareholder activism as investors take advantage during this period of economic uncertainty. Walied Soliman, chair of Norton Rose Fulbright Canada and co-chair of the special situations team, sat down with the Globe and Mail’s Jameson Berkow to discuss corporate proxy battles and hostile takeovers. “Canada is the most fertile ground for strategic [acquirers] looking to do a hostile bid and for shareholders looking to cause change on a board in the entire Western world,” describes Mr. Soliman. That’s because Canada’s rules governing corporations are not as stringent, creating a space for activists to thrive. Read the article for all the details.
Chair, Norton Rose Fulbright Canada LLP
Email
walied.soliman@nortonrosefulbright.com