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Elliott pushes Northern Star to explore sale

hedgeweek

2 months ago

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Elliott Investment Management has taken a significant position in Northern Star Resources and is calling on the Australian gold producer to undertake a broad strategic review, including consideration of a potential sale of the company, according to a report by the Financial Times.
The activist investor disclosed a stake valued at more than AUD1 billion in Northern Star, making it one of the miner’s most influential shareholders. Elliott is seeking engagement with management and the board as it p...

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