Ides withdraws Safety board nominees, says “unaddressed opportunities” remain

Ides Capital Management has withdrawn its board nominees for Safety Insurance Group in response to “significant changes” since it launched an activist campaign against the regional property casualty insurer, although the investment advisor suggested there “remain many unaddressed opportunities”.

 

Want to read this article?

 

For details on how to subscribe or for all commercial opportunities, including advertising, please contact:

Andy Stone

Sales manager

+44 (0) 77 4160 9204

andy.stone@thomsonreuters.com

    Ricky Lamey

    Business development executive

    ricky.lamey@thomsonreuters.com