Elliott pressures Phillips 66 for restructuring amid investor frustration
Elliott Investment Management L.P., a prominent activist investor, is intensifying pressure on Phillips 66, calling for a comprehensive restructuring to address what it describes as ... Read More
Emerson’s $265 per share tender offer signals strategic move to acquire full control of AspenTech
Emerson has formally launched its tender offer to acquire all remaining shares of Aspen Technology, Inc. (AspenTech) that it does not already own, offering $265 ... Read More
JAB Holding expands global insurance footprint with Prosperity Life acquisition
JAB Holding Company has announced a landmark acquisition of Prosperity Life Group, a move that solidifies its entry into the global insurance platform sector. The ... Read More
Walker & Dunlop secures $245m financing for Jersey City’s The Greyson development
Walker & Dunlop, a commercial real estate and financial services provider listed on the New York Stock Exchange (NYSE), has secured a significant $245 million ... Read More
Honeywell breakup on the horizon? Elliott’s $5bn stake raises stakes
In a significant development within the industrial sector, activist investor Elliott Investment Management has taken a substantial $5 billion stake in Honeywell International Inc., calling ... Read More
California faces fuel crisis as Phillips 66 plans to shuts down major Los Angeles refinery
Phillips 66, one of the largest independent oil refiners in the United States, has announced its plan to close its Los Angeles-area refinery by the ... Read More
Robert Wasmund and Elliott Investment launch Ascent Developer Solutions to address real estate financing needs
Robert Wasmund, a veteran in the residential construction and bridge lending industry, has teamed up with Elliott Investment Management L.P. to establish Ascent Developer Solutions ... Read More
Cloud computing company Citrix Systems to go private in $16.5bn deal
Cloud computing company Citrix Systems is set to go private in a $16.5 billion takeover by affiliates of Vista Equity Partners and Elliott Investment Management. ... Read More