5 Recent Activist Investor Campaigns

3. Artisan Partners Asset Management at Danone S.A. (NYSE:DANOY) 

Activist Campaign: September 2023

Artisan Partners Asset Management first invested in French food giant Danone S.A. (NYSE:DANOY) in 2021. It has since bought additional shares in the company, accumulating a stake of 7%. Now it appears the asset management firm is not impressed by its performance over the past few years and is ready to wage an activist campaign to unlock value.

Artisan’s Value team David Samra has already hinted at the possibility of management changes at the senior levels. Management changes are one of the strategies that most activist investors often turn to. A push to change the top management hierarchy comes on the food giant stock underperforming, declining by 13% over the past two years.