By David Parsley2018-04-23T08:00:00
American vulture hedge fund Elliott has revealed it has snapped up a 1.5% stake in Hammerson, sparking speculation its founder Paul Singer is seeking a shake-up in the board’s strategy and management.
Singer is known for his aggressive strategies and may seek to impose his influence on the future of Hammerson, the retail property giant that withdrew from its £3.4bn takeover of UK rival intu last week.
You must be logged in to view premium stories.
Take out a print and online or online only subscription and you will get immediate access to:
To get access to premium content subscribe today
Alternatively REGISTER for a free trial to access up to 4 articles and sign up for email alerts