Glaxo chairman backs boss Emma Walmsley in clash with vulture fund

Glaxosmithkline chairman backs boss Emma Walmsley in clash with Wall Street vulture fund By Daily Mail City & Finance Reporter Published: 21:51 BST, 5 May 2021 | Updated: 21:51 BST, 5 May 2021 Support: Glaxosmithkline chief exec Emma Walmsley (pictured) Glaxosmithkline boss Emma Walmsley has been backed by the drug maker’s chairman amid fears Wall … Read more

Vulture hedge fund Elliott Advisors hands out £93m to 107 London staff

Vulture hedge fund behind struggling bookshop chain Waterstones hands out £93m to its 107 London employees By Mark Shapland For The Daily Mail Published: 21:50 GMT, 18 January 2021 | Updated: 21:50 GMT, 18 January 2021 The aggressive hedge fund behind Waterstones has dished out £93million to its staff in London. Elliott Advisors shared the … Read more

Will BT’s pension black hole scupper the vulture funds?

Laid low by a flagging share price, BT is now feared to be an attractive target for vulture funds that could swoop in and pick it to pieces.  The former state telecoms monopoly, privatised by Margaret Thatcher, was worth £49billion four years ago but its value has since been diminished to just over £10billion.  Yet … Read more