Activist targets pension funds

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FRANCE - Activist fund manager Knight Vinke is targeting pension funds as part of a lobbying programme to increase the offer price for French energy giant Suez if it is merged with Gaz de France.

In an open letter to the French Prime Minister Dominique de Villepin, Knight Vinke’s head Eric Knight called for the sale of some of Suez’s non-core financial assets in order to help fund a higher ...

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