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France 24

Business

Charles PELLEGRIN

Activist investor takes aim at Disney management, hoping for board position

Disney Bob Iger Trian Partners Entertainment

BUSINESS DAILY © FRANCE 24

Disney CEO Bob Iger is on the defensive after Trian Partners, which holds a $900 million stake in the company, published a report critical of his management and asked shareholders for a boardroom seat. The entertainment giant has seen its share price fall close to 40 percent in the past year amid concerns over its costly streaming business. Also in the show, we look at the dramatic impact of the depreciation of the Egyptian pound on the country's poorest families.

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