Activist Bluebell Wants Richemont Succession Plan Made Public

Bluebell Capital Partners Ltd. is fueling its spat with Richemont by urging a Swiss regulator to assess whether the luxury goods company must make public its succession plan.

The activist investor’s co-founders Giuseppe Bivona and Marco Taricco made the request in a Sept. 27 letter to the listing and enforcement department of SIX Exchange Regulation AG, a copy of which has been reviewed by Bloomberg News.

Bluebell referenced an August interview given by Johann Rupert to a Swiss financial newspaper and website, in which the Richemont chairman mentioned a succession plan that had the full support of the company’s board. ...