I see arch rivals at Bloomberg have landed a rather good tale about activist fund Elliott taking a stake in German healthcare giant Fresenius with a view to pushing for a break up. Below is a link to the Bloomberg scoop:
Posts tagged: Elliott
Splashed across the pages of most of today's British newspapers business sections is the latest twist on the battle between FTSE 100-listed energy giant SSE and Elliott, the activist investor led by Paul Singer.
This time Elliott has officially broken cover by going "on the record" about its position and what it wants (for the moment). Below are the links to all the relevant articles:..
It would appear the corporate teases at Elliott haven't managed to get much traction with the SSE management team, yet. Below is a response from the company this morning to the break-up theory aired last week:
I see former colleagues from The Daily Telegraph who now work at The Times were gracious enough to give little old Betaville some credit for the scoop about Elliott's stakebuilding activities in SSE, the FTSE 100-listed power and energy giant.
In fact, The Times splashed the whole of the business section on the story. Below is a link to the piece in the The Times...
Unlike some rivals Betaville gives credit where credit is due.
So, hat tip to Scott Deveau of Bloomberg for his scoop about Elliott advisers building a stake in UDG Healthcare, which recently recommended at £10.23 offer from Clayton Dubilier & Rice. Below is the link:..
It would appear the Poundland vote on Steinhoff's takeover offer has ended up being a bit of a damp squib.
According to brokers, only 2.14pc of shareholders voted against the offer!..