Hints and tips:
Related Special Reports
...Elliott is best-known as an activist investor that has taken on large corporations and governments....
...The US investment group, best known as a fearsome activist investor targeting much larger companies, initially offered to buy Currys for 62p a share before raising that to 67p at the end of February....
...Elliott has eyed the business as a possible acquisition target for several years, according to people familiar with the matter....
...It has also been pushing more services such as repairs and maintenance, which are expected to drive profit margins in a sector historically known for its wafer-thin margins....
...Crisis hit Austrian property business Signa Group held talks with hedge fund Elliott Investment Management to try to secure more than €400mn of financing to save it from collapse....
...Miller further alleged that the peace treaty gave far too much power to Elliott in setting company strategy and finding a chief executive through new board subcommittees....
...Western Digital has announced plans to split in two, more than a year after activist investor Elliott Management pushed the US data storage company to make such a move....
...Over the weekend, Currys said it had rejected a 62p-a-share bid from Elliott, adding that it significantly undervalued the company....
...Paul Singer’s Elliott Advisors also pushed for high returns when it was formerly Fondul’s single largest shareholder....
...Peltz, 81, is best known for his turnaround campaigns at big consumer goods companies such as Mondelez, Heinz and Procter & Gamble....
...NRG’s performance and strategy will be in focus this week as the Houston-based company reports financial results....
...Kim has been a senior managing director at Elliott Management. British Land has appointed William Rucker as chair designate. He was most recently chair of Lazard in the UK....
...One person familiar with Elliott’s plans said that there were no “near term plans to IPO but it was one of a number of options for the future”. Elliott declined to comment....
...What makes it even stranger is that his new business isn’t even focused on what he spent a large part of his career doing: property....
...The Japan Citi economic surprise index has picked up lately, thanks to low unemployment and resilient business sentiment (orange line in NDR’s chart below): Meanwhile, corporate Japan is doing well enough...
...The global city where Big Four professionals use burner phones For decades, Hong Kong has made its name as a global city, a place where companies could base their Asia-Pacific headquarters and do business...
...business....
...the company in as many years....
...problematic activist settlements seen recently in L3Harris and DE Shaw, as well as in the Crown Castle and Elliott Management kerfuffle....
...As noted previously, UK services exports are doing much better than goods, a fact the OBR in its analysis attributes to digitisation, companies using local affiliate workarounds in the EU and a weaker pound...
...It culminated last week with the sale of a $5bn loan that backed KKR’s purchase of a stake in a healthcare technology company known as Cotiviti....
...The crown jewel of Hess is a 25 per cent stake in Guyana’s offshore, deepwater oilfield known as Stabroek....
...Elliott bought a 4.5 per cent stake and pushed to elect its own directors and break up the company....
...Demand for electric cars has galvanised the $700mn market, dominated by Dai Nippon and Resonac, formerly known as Showa Denko. Dai Nippon’s shares peaked in 2006....
...What’s interesting about the SOC’s campaign is its similarity to battles waged by large, well-known activists such as Elliott Management and Trian Partners — including the advisers it has retained, all of...
International Edition