Hints and tips:
...Nomura Asset Management, Vanguard and BlackRock are all major shareholders, and Elliott’s stake is at least 2.5 per cent, according to people familiar with the situation....
...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....
...A Nomura Securities report described DNP’s global share as so large “that the market is almost an oligopoly”, with no major competitors....
...The former head of Shell, Ben van Beurden, told the Financial Times this month that the oil major was “massively undervalued” in London and could benefit from listing in the US....
...Venus Over Manhattan, New York, from 1 February to 9 March Marion Willingham Elliott Erwitt A retrospective in Lyon celebrates “the great painter of street scenes” Elliott Erwitt, the French-American photographer...
...Elliott said on Monday that it backed the company’s sale....
...Surging property prices in recent years has been a common theme for many major cities around the world....
...Why Elliott is still locked in a legal battle over AC Milan US hedge fund Elliott Management sold AC Milan to RedBird Capital Partners in the summer of 2022 for a record price of €1.2bn....
...One major US deal to start: Capital One has agreed to buy Discover Financial for $35.3bn, in an all-stock tie-up that is set to unite two of America’s largest credit card companies. Details here....
...Under Elliott’s ownership, Waterstones has since bought other major rivals Foyles and Blackwell’s, giving him even more influence....
...Two examples from this month: [February 28:] Four major Japanese non-life insurance companies will sell their entire cross-shareholdings worth about ¥6.5tn (about $43bn) over the next few years, following...
...Ultimately Evelyn, a major shareholder, prevailed....
...The company said in a statement on Tuesday that it was taking “a major step towards a new future with a new shareholder” and would “strive to further enhance its corporate value and contribute to society...
...Daniel Li, chief executive of Geely’s holding company, told an FT summit last year that its idea is to list all of its major businesses, subject to “market conditions”. Fifth time lucky?...
...Just days after the opening of the major Frans Hals exhibition at the National Gallery in London, a portrait by the 17th-century Dutch master will be unveiled at Frieze Masters....
...For Cristina Fernández de Kirchner, the seizure of Argentine oil major YPF in 2012 was not just necessary to “safeguard the hydrocarbon sovereignty” of her country....
...“I think people, while well-intentioned, tend to oversimplify [the] major challenges,” he told the CERA Week conference in 2022....
...Kasoff was previously a partner and senior portfolio manager at Elliott Management....
...And next: Elliott Management is setting up a new company to invest at least $1bn to buy mining assets globally, as it seeks to take advantage of the depressed valuation of companies operating in the sector...
...This year, activist fund Elliott revealed that it had made a major investment in Dai Nippon Printing and was pressing the company to sell parts of its vast property portfolio in central Tokyo....
...A major prize would be winning a secondary listing of Saudi Aramco in Hong Kong....
...Which major central bank head is a confessed fan of the Grateful Dead?...
...Today, with a major retrospective of Gwen John’s subtle work running at Pallant House in Chichester, critical judgment certainly favours his older sister....
...Elliott’s fight ended in a $2.4bn settlement in 2016, but Argentina is in even worse shape now, ahead of elections in October....
...In previous incarnations, most investment banks formed activist investor defence groups to develop strategies that could fight off the likes of Elliott and Carl Icahn....
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