Hints and tips:
Related Special Reports
...Elliott’s move, which marks its fourth major public foray into the Japanese stock market after engagements with Toshiba, SoftBank and Dai Nippon Printing, targets a company with a property empire that stretches...
...Elliott took control of the club a year later when Li defaulted on the loan, embarking on a turnaround that culminated in AC Milan’s first Serie A title in more than a decade....
...Levine was a close ally of Gordon Singer and owned 15.94 per cent of Elliott’s UK operation, the people said. Portfolio managers Mark Wills and Giorgio Furlani also departed last year....
...Argentina initially defaulted on its debts again rather than see a dime go to the hated “vultures” led by Elliott....
...US activist hedge fund Elliott Management has built a $1bn stake in UK-listed mining group Anglo American amid a £31bn ($39bn) approach for the company by BHP....
...Two of the people said that Elliott’s position was relatively small and it was still evaluating whether to build it to a more material holding. Elliott declined to comment....
...Anglo’s share price rose a further 3.5 per cent on Friday on the news of the Elliott stake. They are up more than a fifth this week....
...Elliott offered to buy it for 62 pence a share last month and increased its bid to 67 pence when its initial approach was rejected....
...The emergence of Elliott as an investor comes a week after Scottish Mortgage announced a £1bn share buyback in a bid to support its own stock, which peaked in late 2021 before higher interest rates chilled...
...Why Elliott is stuck in AC Milan’s legal mess When Elliott Management sold AC Milan for a record-breaking €1.2bn in 2022 to private equity group RedBird Capital Partners, it was seen as a coup....
...Elliott’s latest bid for Currys valued the group at around 67p per share, marking an increase from a previous proposal of 62p, or a company value of about £700mn....
...Currys, which has a market capitalisation topping half a billion pounds, would mark a significant target for Elliott....
...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....
...Best’s pursuit of Currys comes after Elliott weighed a couple of other consumer deals last year....
...Until the takeover interest from Elliott, Currys shares had been in a multiyear decline....
...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....
...An agreement that activist investor Elliott Management struck with a large US telecommunications infrastructure group has been assailed as a “sweetheart deal” by another shareholder in a lawsuit that shines...
...A bid from JD.com would mark a strategic shift from the Chinese retailer, which was founded in 2004....
...Most prominently, Elliott was granted two board seats in exchange for dropping a broader proxy fight....
...Within Elliott, Best’s UK dealmaking is just a part of the firm’s growing private equity footprint....
...Mark Bradford: Process Collettivo, edited by Nicole R Fleetwood, is published by Hauser & Wirth Publishers at £38....
...A UK court later dismissed Elliott’s claims....
...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....
...a share Elliott offered....
International Edition