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Elliott held over $1 billion worth of shares in the company. Elliott Management sold its shares in Hyundai Motor companies last year after it was thwarted in its campaign for
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Hyundai Motor Group companies’ shareholders turned down Elliott Management’s demands on Friday for a massive special dividend and board seats, dealing a blow to the American hedge fund’s campaign to
South Korea’s top proxy adviser KCGS recommended shareholders vote against Elliott Management’s proposals for dividends and board members at Hyundai Mobis. KCGS stated it believed that Elliott seems to concentrate
Elliott Management on Wednesday prompted shareholders of a Hyundai Motor to vote for its proposal for higher dividends and new board members, one day after the South Korean conglomerate declined
Hyundai Motor Group on Tuesday declined demands by U.S. activist investor Elliott Management for a 7 trillion won ($6.3 billion) dividend payout and new board members, complicating attempts to renovate
Hyundai Motor on Tuesday declined demands by U.S. activist investor Elliott Management for a total 7 trillion won ($6.3 billion) dividend payout and new board members, complicating attempts to renovate
U.S. activist hedge fund Elliott Management made new propositions to restructure Hyundai Motor Group on Friday, renewing pressure on the South Korean conglomerate months after forcing it to abandon its
U.S. activist fund Elliott Management has stated it will vote against Hyundai Motor Group’s restructuring plan and prompted other shareholders to decline the proposal to reform South Korea’s second-largest conglomerate.
Hyundai Motor stated on Friday it will cancel $890 million worth of treasury shares, its first stock cancellation in 14 years – a strategy that comes amid shareholder pressure to
South Korea’s antitrust chief on Thursday stated U.S. activist fund Elliott Management’s proposal for Hyundai Motor Group to embrace a holding company structure was “inappropriate” and, if applied, would be
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