Elliott Management, an activist investment firm, has recently acquired a significant stake in Anglo American, a leading British multinational mining company. The stake, valued at approximately $1 billion, positions Elliott as one of the top ten shareholders of Anglo American. This strategic move comes as Anglo American, known for being the world's largest producer of platinum with around 40% of global production, has also received a takeover approach from BHP. The acquisition of the stake by Elliott has been executed over recent months.
Activist Elliott Builds $1 Billion Anglo American Stake - BBG https://t.co/3zTRTvUMve
Activist Elliott Builds $1 Billion Anglo American Stake Anglo American has received takeover approach from BHP Hedge fund has been amassing stake over recent months https://t.co/PwJceqMlL2
Activist Elliott Management built a $1 BILLION stake in Anglo American about the same time period as we built our tiny stake haha $NGLOY
*ACTIVIST ELLIOTT SAID TO BUILD $1 BILLION ANGLO AMERICAN STAKE - Bloomberg. *Someone read "When Markets Speak." Anglo American plc is a British multinational mining company with headquarters in London, England. It is the world's largest producer of platinum, with around 40% of…
Activist investor Elliott has built a roughly $1 billion stake in Anglo American, sources say, making it one of the 10 biggest shareholders https://t.co/FDsfDEcKEm
*ACTIVIST ELLIOTT SAID TO BUILD $1 BILLION ANGLO AMERICAN STAKE