UK medical device maker Smith & Nephew has come under pressure from  Paul Singer’s aggressive activist fund Elliott Management o shed certain parts of its business, in a move that could make the company a more attractive takeover target.

A unit of Paul Singer’s aggressive activist fund Elliott Management has pushed for UK medical device maker Smith & Nephew to shed certain parts of(...)

The Smith and Nephew premises at the Dún Laoghaire Industrial Esate. Group sales totalled $1.14 billion

Shares in Smith & Nephew rose to a nine-month high on Friday after the artificial hip and knee maker said a strong first quarter, led by growth in(...)

A demonstrator from the Sea Shepherd marine conservation organisation protests outside Excel London as BP held its annual general meeting. Photograph:  Justin Tallis/AFp/Getty images

Angry shareholders mounted an unprecedented protest against BP yesterday, rebelling against a 20 per cent pay rise for chief executive Bob Dudley desp(...)

Christopher Viehbacher, ousted chief executive officer of French pharma group Sanofi. Photographer: Scott Eells/Bloomberg

Sanofi investors said former chief executive Chris Viehbacher, ousted today, paid the price for pushing too hard to make the French drugmaker more int(...)