1. Elliott Management Corp.

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    1. Mentioned In 31 Articles

    2. BHP Agrees to Exit Oil Business, Approves Giant New Potash Mine

      BHP Agrees to Exit Oil Business, Approves Giant New Potash Mine
      (Bloomberg) -- BHP Group will merge its oil and gas operations with Woodside Petroleum Ltd. as the biggest miner positions itself for a global shift away from fossil fuels and prepares to plow $5.7 billion into a massive new fertilizer mine in Canada. After the deal, BHP shareholders will own about 48% of Woodside, the miner said in a statement Tuesday. The company also announced it will eradicate its dual-listing ...
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    3. Glaxo CEO Walmsley Buys Time as Strategy Gets Modest Backing

      Glaxo CEO Walmsley Buys Time as Strategy Gets Modest Backing
      (Bloomberg) -- Emma Walmsley may have bolstered her position at the top of GlaxoSmithKline Plc, at least for now, following a lukewarm reaction to long-awaited plans to restructure the pharmaceutical giant after years of underperformance.With a potential activist investor challenge looming from Elliott Management Corp., Walmsley laid out why she thinks she is the right change agent to run the pharmaceutical business that will be left once Glaxo finally carves ...
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    4. Glaxo Defends Strategy in Face of Elliott Management Stake

      Glaxo Defends Strategy in Face of Elliott Management Stake
      (Bloomberg) -- GlaxoSmithKline Plcs management defended the companys strategy as the pharmaceutical giant comes under growing pressure to revive its fortunes after activist investor Elliott Management Corp. took a stake. Speaking at Glaxos annual general meeting Wednesday, Chairman Jonathan Symonds said he understood investor skepticism, but said the company was now doing the right things and asked shareholders to judge it on the results...
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    5. Elliott Stake Complicates Rocket Internet’s Plan to Delist

      Elliott Stake Complicates Rocket Internet’s Plan to Delist
      Elliott Management Corp. has taken a 15.1% stake in Germanys Rocket Internet SE in a potential challenge to the startup factorys plan to delist its shares. Rockets founding Samwer brothers decided in September to take the company private after recent investments failed to match earlier successes such as Zalando , now one of Europes largest fashion retailers, and Lazada , a Southeast Asia-focused consumer electronics company...
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      Mentions: Management IPO stake
    6. Elliott Holds Talks With Public Storage, Seeks Six Board Seats

      Elliott Holds Talks With Public Storage, Seeks Six Board Seats
      Activist investor Elliott Management Corp. held constructive discussions with Public Storage in recent weeks and nominated six directors to the board, the real estate investment trust said Sunday. Elliott is seeking the board seats after buying a sizable stake in Public Storage , according to a person familiar with the matter...
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    7. Astra Plots Post-Covid Future With $39 Billion Alexion Deal

      Astra Plots Post-Covid Future With $39 Billion Alexion Deal
      (Bloomberg) -- AstraZeneca Plc, one of the drugmakers leading the fight against Covid-19, highlighted where its growth will come from after the pandemic with a $39 billion deal for rare-disease specialist Alexion Pharmaceuticals Inc. Load Error The proposed cash-and-stock acquisition will add treatments for uncommon blood and immunological disorders to the portfolio of Cambridge, U.K.-based AstraZeneca, which had spent years paring away older and less profitable ...
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    8. Elliott Management Takes Stake in Software Company F5 Networks

      Elliott Management Takes Stake in Software Company F5 Networks
      Activist investor Elliott Management Corp. has taken a stake in F5 Networks Inc. and spoken to the software companys management in recent weeks about ways to boost its lagging stock, according to people familiar with the matter. The exact size of Elliotts stake couldnt be learned, though it falls below the 5% threshold that would require regulatory disclosure, the people said...
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    9. Michael Klein’s Churchill SPAC Eyes AT&T’s DirecTV Stake

      Michael Klein’s Churchill SPAC Eyes AT&T’s DirecTV Stake
      (Bloomberg) -- A blank-check company backed by former Citigroup Inc. rainmaker Michael Klein is among the parties interested in buying a stake in ATT Inc.s DirecTV satellite-television business, according to people with knowledge of the matter. Churchill Capital Corp. IV, which raised $2.07 billion in July, is working with advisers on a potential bid for the asset, the people said, asking not to be identified because the discussions are ...
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    10. Almost Everyone at SoftBank Thinks Going Private Is a Bad Idea

      Almost Everyone at SoftBank Thinks Going Private Is a Bad Idea
      Inside SoftBank Group Corp., the idea of going private through a buyout has been discussed off and on for at least five years. Almost everyone except founder Masayoshi Son opposes it, people with direct knowledge of the matter said. The reasons are substantial: No one has pulled off a buyout anywhere close to SoftBanks $130 billion valuation, its not clear the company could raise the necessary financing and such a ...
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    11. Billionaire Paul Singer's Fund Reportedly Seeks to Scupper Chevron-Noble Deal

      Billionaire Paul Singer's Fund Reportedly Seeks to Scupper Chevron-Noble Deal
      Activist investor Elliott Management Corp. has bought a stake in Noble Energy Inc. in a reported bid to push the oil and gas explorer to abandon its plans to sell itself to Chevron Corp. Elliot Management, a New York-based hedge fund run by billionaire Paul Singer, believes the Chevron deal undervalues Noble Energy, Bloomberg reported on September 9, citing people familiar with the matter...
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    12. AT&T Exploring Deal For Its DirecTV Unit

      AT&T Exploring Deal For Its DirecTV Unit
      ATT Inc. is taking a fresh look at its DirecTV business, according to people familiar with the matter, exploring a deal for a service wounded by cord-cutting. The telecom and media giant and its advisers at Goldman Sachs Group Inc. have been in talks with private-equity suitors about the satellite TV unit, some of the people said...
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    13. Two New Players Join Elliott at Top of Activist List

      Two New Players Join Elliott at Top of Activist List
      The pandemic-related lockdown has affected all market participants, including activist investors. According to data from the Bloomberg Terminal, two relatively new players, Bulldog Investors LLC and Bluebell Capital Partners LP, have joined perennial leader Elliott Management Corp. at the top of the list of activists by the number of campaigns conducted...
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    14. 1-15 of 31 1 2 »
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