Elliott spruiks BHP plan to Sydney hedge funds

Original article by Peter Ker, John Kehoe
The Australian Financial Review – Page: 15 : 3-May-17

Representatives of activist US hedge fund Elliott Associates have organised meetings with Sydney-based institutional investors as it seeks to gain support for its proposal for a restructuring of the resources giant. However, some large local investors have indicated that they have not held talks with Elliott and will not back its proposals. Elliott has also been targeting several other global companies, including Arconic and Samsung.

CORPORATES
BHP BILLITON LIMITED – ASX BHP, ELLIOTT ASSOCIATES LIMITED PARTNERSHIP, ELLIOTT MANAGEMENT CORPORATION, ARCONIC INCORPORATED, SAMSUNG ELECTRONICS COMPANY LIMITED, ALCOA INCORPORATED

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