Activist investor accuses The Works of unfairly swaying crucial vote Retail The activist investor seeking to tighten its grip on The Works has accused the retailer’s board of attempting to sway a crucial shareholder vote. Kelso, a London-listed activist investor, has been locked in a weeks-long row with the arts and craft retailer, as it attempted to convince shareholders to appoint a former Card Factory director [...]
The Works secures heavyweight backing in activist investor row Retail The Works has secured the backing of a pair of heavyweight shareholder proxies in the discount retailer’s boardroom tussle with an influential activist investor. The stationary and crafts retailer has been locked in a row with Kelso, a London-listed investment firm, since the investor sought to force a director onto its board. Institutional Shareholder Services [...]
Activist investor accuses The Works chair of working from home – in New Zealand Retail The activist investor locked in a boardroom battle with The Works has accused its chair of switching his residence to New Zealand and dialling in to crucial meetings. Kelso, a London-listed investment fund, is pushing to appoint a director of its choosing to the discount retailer’s board, but The Works has slapped down the move, saying it [...]
The Works activist investor hits back at retailer’s ‘absurd’ claims August 13, 2026 The activist investor seeking to gain a seat on the board at The Works has hit back at the discount retailer’s “absurd” claims the move would undermine its growth plans. Kelso, an activist investor, has criticised the AIM-listed retailer for urging shareholders to block its attempt to install retired private equity partner Graeme Coulthard as [...]
The Works braces for boardroom battle as activist investor pushes for more control August 13, 2026 Discount retailer The Works has been engulfed in a boardroom drama as a notorious activist investor pushes to install a retired private equity partner as a director. The retailer, which sells toys and arts and crafts, warned on Thursday that the attempted coup could “create unnecessary distraction [and] risk derailing” the board’s growth strategy. Kelso, [...]
Workspace urges investors to block ‘destructive’ Saba proposals July 9, 2026 Flexible office provider Workspace has called on investors to block “destructive” attempts by notorious activist investor Saba to force a sell-off of its properties. The FTSE 250 firm issued a plea to shareholders on Thursday urging them to vote against each of the proposals submitted by the New York-based hedge fund to its annual general [...]
London becomes activist capital of Europe as investors pressure firms over AI plans July 1, 2026 London has become the shareholder activist capital of Europe as boardrooms feel the heat of interventions from outspoken investors. The UK’s capital markets were the subject of a staggering 57 per cent of all European campaign activity in the first half of the year, fresh data has found, crossing the 50 per cent threshold for [...]
Whitbread: Activist investor pushes for sale of FTSE 100 Premier Inn owner May 18, 2026 An activist investor with a major stake in Premier Inn’s owner Whitbread has called for the FTSE 100 firm to put itself up for sale, attacking its “chronic misallocation of capital”. Corvex Management, which owns 11.8m shares – around seven per cent – in Whitbread, has issued a scathing rejection of the firm’s latest cost-saving [...]
Nelson Peltz’s son calls for Intertek to engage with £10bn offer May 12, 2026 Matt Peltz, the son of billionaire activist investor Nelson Peltz, has called on FTSE 100 testing firm Intertek to accept the latest £10bn offer by a Swedish private equity firm, as investors clash over whether the board should sell up. The buyout firm submitted its fourth offer on Tuesday morning, which valued shares at £60 [...]
The Works shares jump after activist investor ups stake February 23, 2026 Shares in The Works jumped on Monday morning after a well-known small cap activist investor upped its stake in the retailer. The high street staple, which has more than 500 stores across the UK, had been trading with a market cap of just £20m despite turning over more than £250m annually. According to activist investor [...]