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Infomedia wrangler Viburnum butts heads with Mayne Pharma’s board

Bombed-out listed drugmaker Mayne Pharma is in the firing line of activist investor Viburnum Funds, which is taking the board to task after the drug manufacturer sliced its $113 million capital return program by 30 per cent.

Viburnum Funds managing partner Craig Coleman. Philip Gostelow

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Sarah Thompson has co-edited Street Talk since 2009, specialising in private equity, investment banking, M&A and equity capital markets stories. Prior to that, she spent 10 years in London as a markets and M&A reporter at Bloomberg and Dow Jones. Email Sarah at sarah.thompson@afr.com
Kanika Sood is a journalist based in Sydney who writes for the Street Talk column. Email Kanika at kanika.sood@afr.com.au
Emma Rapaport is a co-editor of the Street Talk column. Prior to that, she was a markets reporter at The Australian Financial Review. Connect with Emma on Twitter. Email Emma at emma.rapaport@afr.com

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Original URL: https://www.afr.com/street-talk/infomedia-wrangler-viburnum-butts-heads-with-mayne-pharma-s-board-20230516-p5d8p0