Today news
About the same in other media
SSE may not need to split now but it does need more clean energy expertise
Reading now: 461
theguardian.comElliott Management’s open letters are improving. When the US activist hedge fund tried to take a pop at GlaxoSmithKline in the summer, it produced 17 pages of waffle that could have been condensed to a few sentences of substance. Tuesday’s 10-page blast at energy group SSE was tighter, scored a couple of solid hits and should make newish chairman Sir John Manzoni realise the Perth-based firm is in a scrap.
That is not to say Elliott is right on every score, or even on its main demand that SSE should be split in two. Indeed, one of the activist’s points was plainly exaggerated – the idea that an “unequivocal message” was sent by the 4% fall in SSE’s share price on the day last month when the Perth-based company unveiled its energy transition
Read more on theguardian.comAbout this in other media
JPMorgan rehires Marc Hussey to lead Irish operations as 30-year veteran Carin Bryans retires fnlondon.com /2 years ago
Why a cut to the child tax credit in 2022 may not be the last cnbc.com /2 years ago
JPMorgan rehires Marc Hussey to lead Irish operations as 30-year veteran Carin Bryans retires fnlondon.com /2 years ago
Show more
The website finance-news.co is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
