RARE ALERT: SSE said to ... - Part 2

Elliott Advisers is said to be the activist fund accumulating a stake in SSE, the FTSE 100-listed power giant.

People following the situation said the US firm has been building the stake for several weeks although its not clear what size shareholding Elliott has got and whether it plans to disclose it to the market soon.

It's also not clear whether Elliott plans to launch an activist campaign against SSE similar to the one it is waging against GlaxoSmithKline...