Thứ Tư, 30 tháng 7, 2014

Hedge Fund Elliott Meets Match in Singapore"s OCBC

Elliott Management Corp. isn’t afraid to start a fight, making its name waging—and winning—activist battles around the world. But it may have picked the wrong fight against a Singaporean lender.


Oversea-Chinese Banking Corp.’s $5 billion acquisition of Hong Kong’s Wing Hang Bank Ltd. took a turn this month when Paul Singer’s Elliott Management increased its stake in Wing Hang to nearly 8% as OCBC was gathering shares to complete its…



Hedge Fund Elliott Meets Match in Singapore"s OCBC

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