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...Paolo Scaroni, the influential former chief executive of oil major Eni, has stayed on as club chair. Gordon Singer has kept his seat on the board....
...No wonder that a board game called “Eternal Debt” once became a hit in Argentina....
...The US investment group said that “following multiple attempts to engage with Currys’ board, all of which were rejected”, it did not have enough information to take its bid further and no longer intended...
...In December, Elliott Management struck a settlement with the board of directors at Crown Castle, the large US mobile phone tower operator....
...One of the biggest operators of mobile phone towers in the US has loosened a December deal it struck with Elliott Management, now giving the activist less influence in Crown Castle’s management....
...“The affairs of Delaware corporations, however, must be managed by Boards of Directors, not backroom deals,” said the lawsuit, saying non-Elliott shareholders never got the opportunity to approve the features...
...Elliott Management has abandoned an attempt to buy UK electronics retailer Currys, saying that “multiple” efforts to engage with the company’s board had been rebuffed....
...The new bid from Elliott was pitched at 67 pence a share in cash, up from its first proposal of 62p, the retailer said in a statement....
...Exor chief operating officer Suzanne Heywood is to join the board of Clarivate after the group increased its holding to more than 10 per cent....
...The company said on Saturday afternoon that the board had on Friday unanimously rejected a proposal of 62 pence per share — a roughly 32 per cent premium to its latest price, valuing the company at about...
...“The suspicion is that Elliott currently maintains effective control of the company,” the search warrant said. Elliott doubled down....
...board....
...Currys’ largest shareholder has backed the board’s decision to reject a takeover bid from US investment group Elliott Management....
...In December, activist Elliott Management struck a deal with the board of Crown Castle, the US mobile tower operator. Agreeing a settlement with an activist, to avoid a proxy fight, is common....
...AC Milan’s current chair Paolo Scaroni was also appointed by Elliott in 2018. Gordon Singer, son of Paul, continues to sit on the board of AC Milan....
...Elliott towers in Japan While we’re on the topic of Elliott: the activist, which has largely been quiet in Japan for the past year, has roared back by becoming one of the largest shareholders in Mitsui...
...The activist investor said in a letter to the multinational’s board of directors on Wednesday that it saw a 75 per cent upside to the current stock price if it improved its execution and restored trust with...
...Until the interest from Elliott and JD.com, Currys’ shares had languished on the public markets, falling more than 80 per cent from a recent high of 500p hit in late 2015....
...The US oil refiner Phillips 66 has become the latest target of Elliott Management after the activist investor took a $1bn stake and called for new blood on the company’s board to remedy “underperformance...
...The energy group also appointed four new independent directors as part of its pact with Elliott....
...Ding’s reign of 10 months has been contrastingly unsuccessful, with three mediocre performances by the 31-year-old, plus a long period away from the board for an unspecified illness....
...Miller, a co-founder of Crown Castle, said the “co-operation agreement” that Crown Castle signed with Elliott, which gave the fund a board seat, was a ploy by the incumbent directors of the telecoms group...
...JD.com was in the early stages of considering a potential cash offer to buy the entire issued share capital of Currys, it said in February, after the retailer rejected an initial bid from Elliott....
...NRG Energy has parted ways with its chief executive and agreed to overhaul its board following a months-long campaign by activist investor Elliott Management over the strategic direction of the $11bn US...
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