Elliott pressures Phillips 66 for restructuring amid investor frustration

Pallavi Madhiraju- February 13, 2025 0

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

Pallavi Madhiraju- February 10, 2025 0

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

Pallavi Madhiraju- February 5, 2025 0

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

Pallavi Madhiraju- December 27, 2024 0

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

Pallavi Madhiraju- November 13, 2024 0

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

Pallavi Madhiraju- October 17, 2024 0

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

Pallavi Madhiraju- July 21, 2024 0

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

Pallavi Madhiraju- February 2, 2022 0

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