Sachem Head and Dendur build takes in Entain, reveals the FT
Wednesday, 22 November 2023, 7:10 pm
Hacks at the venerable Financial Times have dug out a good scoop about Entain, the FTSE 100-listed owner of Ladbrokes.
According to the FT, activist hedge funds Sachem Head and Dendur have built sizeable positions in Entain, which has seen its share price underperform since Jette Nygaard-Andersen became chief executive of the business.
They join Eminence Capital, another Wall Street activist, on the Entain register...