Posts tagged: SSE
Betaville IntelligenceWednesday, 8 December 2021, 7:55 am
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:..
Read more...
Sunday, 21 November 2021, 12:43 pm
First WM Morrison, then J Sainsbury and now, according to The Sunday Times, Apollo wants to buy Marks and Spencer.
Indeed, Jim "Armo" Armitage of The Sunday Times who has dug out a corking tale about the American private equity firm weighing a bid for M&S. Below is the link:..
Read more...
Betaville IntelligenceMonday, 20 September 2021, 8:28 am
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:
https://www.investegate.co.uk/sse-plc--sse-/rns/response-to-media-speculation/202109200700082261M/ ..
Read more...
Betaville IntelligenceWednesday, 15 September 2021, 10:04 am
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...
Read more...
Betaville IntelligenceMonday, 13 September 2021, 6:33 pm
The Betaville follow ups are coming thick and fast this evening.
Now arch rivals at Bloomberg are reporting that the corporate agitators at Elliott Advisers have built up a shareholding in SSE and are pushing for the company to break itself up. Below is a link to the Bloomie piece:..
Read more...
Betaville IntelligenceFriday, 6 August 2021, 4:15 pm
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...
Read more...
Betaville IntelligenceWednesday, 4 August 2021, 2:29 pm
One of the world's largest activist investors is said to be building up a stake in SSE, sparking speculation the company may eventually become a takeover target.
People following the situation said the activist shareholder has been accumulating a sizeable shareholding over the last few weeks and and may soon announce its position...
Read more...