US hedge fund

Dell software deal flexes Elliott's newly developed buyout muscle

Elliott Management Corp`s deal to acquire Dell Inc`s software assets shows how the U.S. hedge fund and prominent activist investor is stepping up its private equity practice, and positioning itself for more takeovers in the tech sector.

Jun 21, 2016, 06:03 AM IST

Shareholders back Samsung's key $8 billion merger plan in close vote

Samsung C&T Corp shareholders on Friday approved an $8 billion takeover offer from sister firm Cheil Industries Inc.

Jul 17, 2015, 10:25 AM IST

South Korea pension fund to vote for Samsung merger: Report

South Korea`s NPS has decided to vote its shares in favour of an $8 billion all-stock takeover offer from sister firm Cheil Industries Inc.

Jul 11, 2015, 11:26 AM IST

South Korea court ruling keeps $8 bn Samsung merger bid on track

A court on Wednesday rejected a U.S. hedge fund`s bid to block a shareholder vote on the planned $8 billion merger of two Samsung Group companies seen as a key step in the leadership succession at South Korea`s biggest family-run conglomerate.

Jul 01, 2015, 12:50 PM IST

Samsung's Cheil, pitching $8 bn merger, pledges higher returns

Locked in a battle with an activist US hedge fund, the Samsung Group`s de facto holding company sought to win support for a proposed $8 billion merger with a sister firm by pledging to bolster post-deal shareholder returns.

Jun 30, 2015, 13:04 PM IST

Samsung's Cheil, pitching $8 billion merger, pledges higher returns

Locked in a battle with an activist U.S. hedge fund, the Samsung Group`s de facto holding company sought to win support for a proposed USD 8 billion merger with a sister firm by pledging measures to bolster post-deal shareholder returns.

Jun 30, 2015, 10:29 AM IST

US fund accuses Samsung of foul play over stock sale

US hedge fund Elliott urged a South Korean court today to approve an injunction against the proposed merger of two Samsung units, insisting it is aimed at facilitating a generational power transfer rather than acting in the interest of shareholders.

Jun 19, 2015, 17:32 PM IST

In $8 billion Samsung bid, some Koreans break ranks to side with foreign activist

In a country with a record of hostility towards foreign capital, some local investors are breaking with tradition as they side with a U.S. hedge fund opposing an USD 8 billion merger seen vital to the transfer of leadership at South Korea`s top conglomerate.

Jun 15, 2015, 09:39 AM IST

US fund seeks court action to stop Samsung stock sale

US hedge fund Elliott said Thursday it would file a lawsuit against a proposed stock sale aimed to facilitate the merger of two Samsung Group affiliates.

Jun 11, 2015, 09:11 AM IST

Buffett way ahead in $1 mn wager against hedge funds

On the eve of the 2008 financial crisis, a US hedge fund chief bet $1 million that his complex, high-cost strategies could beat the plodding approach of investment guru Warren Buffett.

Feb 12, 2015, 23:24 PM IST