Elliot

GSK Sees Smaller 2021 Profit Fall After Q2 Beat

GSK forecast a smaller drop in 2021 profit on Wednesday as the drugmaker beat second-quarter earnings expectations, buoyed by a recovery in routine visits...

Aryzta Rejects Bid Approach From Elliott, Updates On Strategy

Swiss baked goods maker Aryzta rejected on Friday an 800 million Swiss franc ($904 million) takeover approach from Elliott Advisors, saying it preferred to...

Aryzta Appoints Chairman In Favour Of Going It Alone As Elliott Deadline Passes

Shareholders of baking goods maker Aryzta have elected a chairman who has previously spoken out against a takeover after a deadline on an 800 mil...

Aryzta Responds To Elliotts Acquisition Offer

Aryzta has confirmed that it has received a non-binding letter from private equity firm Elliott, in which they proposed making an offer to acquire the comp...

Pernod Launches Share Buyback And Makes New investments

French spirits maker Pernod Ricard, which is being targeted by activist investor Elliott, launched a share buyback programme and announced new investments...

Majestic Wine Falls On Chairman Exit, Lack Of Details On Sale Of Stores

Shares in Majestic Wine fell on Thursday following the abrupt departure of its chairman and as a lack of details about the sale of its retail outlets and a...

Pernod Ricard Sees Annual Profit Growth At Top End Of Its Guidance

French spirits maker Pernod Ricard, which is being targeted by activist investor Elliott, said it was now expecting annual profit growth at the top end of...

Pernod Ricard Eyes Margin Improvement In EMEA-LATAM Business

Drinks group Pernod Ricard, which is being targeted by activist investor Elliott, said its business in Europe, the Middle East, Africa and Latin America (E...