Front Row
Edoardo Mercadante, the activist shareholder in Kering and Accor
Last week, his company Parvus Asset Management acquired a 5% stake in Kering, two months before shareholders are due to decide on the remuneration package of the luxury company's new boss, Luca de Meo. Two years ago, it also became a shareholder in the hotel giant Accor, in which Parvus still holds 9.
