Elliott Advisors (UK) Limited Statement on thyssenkrupp AG
Further to recent media speculation, funds advised by Elliott Advisors (UK) Limited (“Elliott”) confirm that they are significant shareholders in thyssenkrupp AG (“thyssenkrupp” or the “Company”). The funds’ position in ordinary shares is such that it does not exceed, as of today, the thresholds mandating disclosure under applicable German laws. Elliott will make any disclosure regarding its holdings in the shares of thyssenkrupp no later than when and as required by German law.
Elliott’s approach to its investment in thyssenkrupp is consistent with its approach to all its investments. Elliott has spent significant time and resources analysing the Company, performing exhaustive research on its prospects, competitive positioning and valuation. Elliott believes thyssenkrupp has significant scope for operational improvement which would benefit all stakeholders and looks forward to engaging in a constructive dialogue with them in the near future, including with the supervisory and management boards.
Elliott Management Corporation manages two multi-strategy investment funds which combined have approximately $35 billion of assets under management. Its flagship fund, Elliott Associates, L.P., was founded in 1977, making it one of the oldest funds of its kind under continuous management. The Elliott funds’ investors include pension plans, sovereign wealth funds, endowments, foundations, funds-of-funds, high net worth individuals and families, and employees of the firm. Elliott Advisors (UK) Limited is an affiliate of Elliott Management Corporation.
Sarah Rajani CFA
Elliott Advisors (UK) Limited
+44 (0) 20 3009 1475
Thomas Katzensteiner / Tobias Eberle
Charles Barker Corporate Communications
+49 69 79 40 90 25 / 24
Information om Business Wire
101 California Street, 20th Floor
CA 94111 San Francisco
Følg pressemeddelelser fra Business Wire
Skriv dig op her og modtag pressemeddelelser på mail. Indtast din mail, klik på abonner og følg instruktionerne i den udsendte mail.
Flere pressemeddelelser fra Business Wire
NY-REORG19.10.2018 10:02 | pressemeddelelse
Reorg Acquires Majority Stake in Debt Explained
CA-NEXON-AMERICA-INC18.10.2018 22:45 | pressemeddelelse
MapleStory 2 Hits 1 Million Account Downloads
NY-BCW18.10.2018 19:19 | pressemeddelelse
Kristen Lisanti Joins BCW as Chief Culture Officer
AZ-LIMELIGHT-NETWORKS18.10.2018 17:02 | pressemeddelelse
Limelight Networks and Ericsson to Accelerate Content Delivery and Edge Cloud Adoption
KAYMERA-TECHNOLOGIES18.10.2018 15:58 | pressemeddelelse
World Leader in High-End Mobile Security, Kaymera Technologies, to Expand Adaptive Mobile Threat Defense Footprint
PIRAEUS-BANK18.10.2018 15:20 | pressemeddelelse
Piraeus Bank Signs Financing Agreement of €40 million with Thomas Cook Hotel Investments
I vores nyhedsrum kan du læse alle vores pressemeddelelser, tilgå materiale i form af billeder og dokumenter, og finde vores kontaktoplysninger.Besøg vores nyhedsrum