Activist hedge fund stands to make about $150mn in profit from deal
Source
Author: unknown
Philip Morris wins Elliott’s backing for $15.7bn Swedish Match takeover [buyout/ takeover]
Related Posts
7-Eleven Owner Defies $47B Buyout, Plans Corporate Split
Resisting Record Buyout: Seven & i Holdings Co., the parent company of 7-Eleven, is resisting a record $47 billion buyout proposal from Alimentation Couche-Tard, representing a 22% increase from the...
ArcelorMittal’s AM/NS Calvert Acquisition: Reshaping the Steel Industry Landscape
Strategic Acquisition: ArcelorMittal's acquisition of Nippon Steel's 50% stake in AM/NS Calvert for $1 strengthens its position in the North American steel market. Regulatory Compliance: The deal...
Honeywell’s $10B Spin-Off Simplifies Structure, Boosts Flexibility and Innovation in Advanced Materials Unit
Strategic Rationale: Honeywell spins off its $10B Advanced Materials unit to simplify structure, boost agility, and align with CEO Vimal Kapur's focus on automation, aviation, and energy transition...
FanDuel Parent’s M&A Push: Expanding Global Sports Betting Dominance
Global Expansion Strategy: Flutter Entertainment, the parent company of FanDuel, is aggressively expanding its global footprint through strategic mergers and acquisitions, such as the $2.6 billion...