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Elliott Builds Stake in Smiths Group
Elliott Builds Stake in Smiths Group Amid Plans for Breakup
Elliott Investment Management built a stake in Smiths Group Plc, the UK engineering group that’s announced it intends to pursue a breakup.
Smiths Group shares jump 12% as plans break-up and share buyback
In response, shares in Smiths jumped 12% to 2,082.00 pence for a market value of GBP7.16 billion. They set a new 12-month high of 2,188.00p earlier Friday morning. Smiths said it plans to sell its electronic connectors business by the end of 2025 and separate is threat detection arm, either by UK demerger or sale.
Activist Elliott built stake in Smiths ahead of break-up announcement, FT says
Elliott Management built a stake of more than GBP 300M in London-listed Smiths Group (SMGZY) ahead of the conglomerate’s announcement last week
UK Engineering Firm Smiths Plans Breakup as Activist Circles
Smiths Group Plc announced plans to carve the UK engineering company up after coming under pressure from an activist shareholder to unlock more value. The shares surged to a record in early London trading.
3d
Smiths Group plc (SMIN) Gets a Buy from Kepler Capital
In a report released on February 3, Dylan Jones from Kepler Capital maintained a Buy rating on Smiths Group plc (SMIN – Research Report), with ...
3d
on MSN
Smiths Group rating outlook lowered to negative by Moody's after strategic decisions
Ratings has revised the outlook for Smiths Group (OTC:SMGZY) PLC (SMIN) to negative from stable, following the company's recent strategic decisions. The Baa2 ratings of the diversified engineering ...
4d
Smiths Group (LON:SMIN) Stock Price Up 10.8% – Time to Buy?
Smiths Group plc (LON:SMIN – Get Free Report) rose 10.8% on Saturday . The stock traded as high as GBX 2,188 ($26.88) and ...
4d
Smiths Group plc (SMIN) Gets a Hold from Barclays
Barclays analyst Jonathan Hurn maintained a Hold rating on Smiths Group plc (SMIN – Research Report) today and set a price target of £22.90.
10d
Smiths Group falls Tuesday, underperforms market
Smiths Group PLC SMIN shares dropped 2.02% to £18.45 Tuesday, on what proved to be an all-around favorable trading session ...
3d
Richard Howes Purchases 87 Shares of Smiths Group plc (LON:SMIN) Stock
Smiths Group plc (LON:SMIN – Get Free Report) insider Richard Howes bought 87 shares of Smiths Group stock in a transaction ...
9d
on MSN
Engineering giant Smiths Group says hackers accessed its systems during cyberattack
U.K.-based engineering giant Smiths Group has confirmed a cybersecurity incident involving “unauthorized access” to its ...
11d
Smiths Group falls Monday, underperforms market
Smiths Group PLC SMIN shares slid 1.41% to £18.83 Monday, on what proved to be an all-around great trading session for the ...
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