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...Beyond Elliott, other activist funds including ValueAct and Oasis have also engaged in successful campaigns, bolstered by the broader pressures on companies....
...Elliott’s decision to buy the debt leaves it more exposed to the fortunes of Nielsen, a company whose core business helps advertisers measure their reach on cable channels and streaming networks....
...The position was built from Elliott’s London office and led by Nabeel Bhanji, a senior portfolio manager at the company....
...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....
...power company....
...US hedge fund Elliott Management has instead been on a buying spree, betting that the market has grown too pessimistic over potential losses....
...How the Western Digital split is faring for Elliott It isn’t just VMware that’s on the minds of merger arbs today....
...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....
...People familiar with Elliott’s strategy said the fund felt the company lost its way after Wilder and Smitherman stepped down in 2018....
...But others, including Nabeel Bhanji, the senior portfolio manager at the activist fund Elliott who was appointed to the Toshiba board as an independent director in 2022, said he hoped that the Toshiba saga...
...In dire straits, the company turned to Elliott for more than €400mn of financing to save it from collapse but the firm had too many concerns about the size of Signa’s debts and no deal was reached, two people...
...Job moves Elliott Management, the US-based hedge fund, has promoted Nabeel Bhanji, Jason Genrich and Marc Steinberg to the partner rank, according to people familiar with the matter, a rare expansion of...
...Unfortunately for NRG, that will not placate Elliott. The latter said in mid-May that it had taken a $1bn stake in the power company, or about a 13 per cent economic interest....
...The state-run National Pension Service, which held an 11 per cent stake in Samsung C&T, voted in favour of the merger despite strong opposition from US activist hedge fund Elliott Management, which was a...
...News round-up Activist fund Elliott seeks board seats at oil refiner Phillips 66 (FT) Castore scores £950mn valuation after Raine-led funding round (FT) Farfetch shares plunge despite talk of founder...
...It’s not that long ago that most car companies were funding climate misinformation, or spoofing emissions tests. And, now, every car company is pushing their electric vehicles. What changed?...
...company to improve its profitability....
...Activist investor Elliott Management’s stake in PayPal last year was a criticism of chief executive Dan Schulman. He has led the company since its split from eBay....
...Banks underwriting $3.7bn of loans and bonds to fund the buyout of healthcare company Syneos Health by Elliott Management, Veritas Capital and Patient Square Capital, also received strong demand....
...Sarah Rajani, Elliott Advisors’ former director of communications, has joined clean energy producer OCI Global as vice-president of investor relations and communications....
...Last winter, AEL rejected a $45-per-share offer backed by Elliott Management. Holding out for Brookfield’s price — $55 per share — now looks wise. A full $39 per share of the buyout price is in cash....
...Ahead of Wednesday’s results, Elliott nominated a slate of directors to Salesforce’s board, increasing pressure on the company....
...It was unclear what Elliott’s position on the company is and whether it has made recommendations to the board....
...Amid the corporate governance turmoil late last year, AEL faced another unsolicited bid from Prosperity Life, a life insurer owned by Elliott Management....
...Goldman Sachs, Bank of America, Credit Suisse, Elliott and Vista declined to comment....
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