Politics2/6/2026•Bloomberg
Mandelson-Founded Lobby Firm Managers Strike Deal to Remove Him
The article reports that senior management at the lobbying firm Global Counsel, founded by former US ambassador Peter Mandelson, is in the final stages of a deal to remove Mandelson from the business. The deal involves the senior management team buying out Mandelson's 21% stake in the company. The article does not provide further details on the reasons behind the decision or the specifics of the deal being negotiated. It simply states that the senior managers are working to remove Mandelson from the firm he founded.
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