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2025-04-16 21:45:07

Layer3.news on Nostr: finance.yahoo.com ELLIOTT BUILDS $1.5-BILLION STAKE IN HEWLETT PACKARD ENTERPRISE -- ...


ELLIOTT BUILDS $1.5-BILLION STAKE IN HEWLETT PACKARD ENTERPRISE

https://media.zenfs.com/en/reuters-finance.com/87deaee52cbb528d958c7488a5efce2d
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✍️ Hedge fund Elliott Investment Management has built a stake of over $1.5 billion in Hewlett Packard Enterprise, making it one of the company's largest investors.
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👉 Elliott has built a stake of over $1.5 billion in HPE
👉 Elliott plans to engage with HPE's management
👉 HPE has been facing margin pressures due to costly production
👉 HPE is being sued by the US Justice Department to block its acquisition of Juniper Networks

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#AntonioNeri #SveaHerbst-Bayliss #ArsheeyaBajwa #NewYork #Bengaluru #US #business
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https://media.zenfs.com/en/reuters-finance.com/87deaee52cbb528d958c7488a5efce2d

https://finance.yahoo.com/news/elliott-builds-1-5-billion-135016481.html

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