Elliott Management pushing for breakup of SSE - report
The activist hedge fund has been meeting privately with representatives from SSE, as well as some of its major shareholders, Bloomberg reported
Company
SSE PLC
LON:SSE
SSE PLC, formerly Scottish and Southern Energy PLC, is a holding company. The company is involved in the generation, transmission, distribution and supply of electricity; the production, storage, distribution and supply of gas, and the provision of other energy-related services.
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SSE eyed as possible takeover target as activist builds stake - report
Elliott Management has reportedly amassed a stake in the energy giant, leading some in the City to predict the investor will push for a potential break-up or buyout
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FTSE 100 closes well off day's peak as Dow Jones drifts from highs; FTSE 250 index stars
At the close, the UK blue-chip index was 49.42 points, or 0.7% higher at 7,087.80, below the day’s peak of 7,111.66 but above the session low
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Britain to triple number of electric vehicle charging points with £300mln programme
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Worries are now centred on growth, inflation and rising bond yields
Ofgem cuts electricity distributors returns by a third in green power push
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SSE offloads gas assets to Viaro Energy for £120mln
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Ofgem confirms tighter controls coming for local grid networks
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SSE sells minority stake in world’s largest wind farm to Eni
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FTSE 100 ends underwater; US traders still waiting for stimulus news
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FTSE 100 little changed, potential US coronavirus stimulus delivers small spike
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SSE becomes first power company fined for failing to publish inside information
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