RE: Cevian slashes Vodafone stake as investors call for faster change15 Oct 2022 20:03
The reason Cervian has sold a lot of it's holding in vod, " is due to the changes in the economic environment including indications that interest rates would rise, reducing the chances vodafone would be able to secure favourable deals" (Taken from the article) Cervian obviously did not predict this when they built there stake in vod, & nor did most, including Nick Read. So I would like to point out, this is not Nick Read's fault, & sacking him would not be the answer, any more that sacking Boris was the answer. (no I don't want to get into politics) but before your sack anybody, you need to be sure the replacement is better, & there B.O.D. , or cabinet!