Spain’s Cellnex on Wednesday said it gave a board seat to activist hedge fund TCI, the mobile phone tower operator’s largest shareholder, which has pressured the company’s top management leading.
An Australian retail giant continues its push into the wellness market, with Wesfarmers-owned API lobbing a bid for hair removal and cosmetic injectable brand Silk Laser.
The Wesfarmers Ltd (ASX:WES) share price will be on watch on Thursday after the company announced a takeover offer for Silk Laser Australia Ltd (ASX:SLA).