Is there a row brewing over the SAB Miller vote?

Tuesday, 6 September 2016, 8:33 am

Clearly, all eyes this week will be on how Elliott, the edgy US hedge fund, plans to vote its 25pc stake in discount retailer Poundland after switching its shares into physical stock. Is it a bluff, a double bluff or even a triple bluff? The market will find out soon enough.

Ironically, though, it's one of Elliott's rather large positions held in another company - SAB Miller - via contracts for differences that is causing a frisson of anxiety among investors...

Register

Register for free to see rest of this article and all public articles from Betaville

Login / Register

[Disclaimer - the information on Betaville does not consitute any form of investment recommendation and is not intended to be relied upon by readers in making, or refraining from, any investment decisions].

Post Comment