Elliott rules out LSEG break-up or New York listing shift
Elliott told UK officials it will not push to split LSEG or move its listing. The fund is instead seeking a portfolio review and a large share buyback program.
Xurve View
Xurve View
The activist hedge fund Elliott Management has informed the United Kingdom[Country:{ \"assets\":{ \"country\":\"GB\" } }] government that it will not seek a breakup of the London Stock Exchange Group (LSEG) or a shift of its listing to the United States[Country:{ \"assets\":{ \"country\":\"US\" } }]. The clarification comes after the fund built a significant position in the financial data and analytics company, prompting discussions with officials to allay concerns regarding the future of the exchange business.
