1. Row Over Speedy Hire Corporate Governance Takes a New Twist as ISS Weighs in

    Row Over Speedy Hire Corporate Governance Takes a New Twist as ISS Weighs in

    The bust-up over corporate governance at tool rental firm Speedy Hire is set to take another twist with influential shareholder advisory group ISS weighing in.

    Activist investor Toscafund wants to remove Speedy Hire executive chairman Jan Astrand and replace him with David Shearer, the former chairman of Mouchel.

    The proposals will be voted on at a general meeting on September 9, with Speedy Hire fighting the moves put forward by Toscafund. The activist investor is the largest shareholder in Speedy Hire, with almost a fifth of shares....

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