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  "documentTitle": "Barclays Q1 2025 Review of Shareholder Activism 15 04 2025",
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      "text": "1. Activists thrive under uncertainty – which new targets will present themselves in the event of a sustained market downturn?\n2. Will break-up demands persist in an uncertain M&A market?\n3. After a difficult 2024 for activists in contested situations, will 2025's early success continue?\n4. Will other sponsors follow KKR's toehold / white knight approach at Henry Schein to deploy dry powder?\n5. Does the balance of power between issuers and activists shift due to incremental regulatory developments and / or personnel changes at proxy advisors?",
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