WebFeb 16, 2024 · Earlier this week, payments and banking conglomerate FIS unveiled plans to spin-off its merchant business following pressure to explore strategic options from … WebFeb 14, 2024 · Unlike private equity firms that buy and restructure companies in order to profit when they are resold, activist investors seldom acquire full or majority stakes. 1 Instead, they use public...
Activist investors to push for margins, profitability in first half of ...
WebFeb 27, 2024 · Some of the investors behind the initiative are Elliott lifers: Cohn has worked at the firm since 2004. Others are newer additions, including Kerko, who joined Elliott in 2024 after spending... WebNov 29, 2024 · Fidelity National Information Services (NYSE:FIS) rose 3.5% after a Bernstein analyst said she views the payment tech company as a good candidate for potential activist involvement. the link cafe tilehurst
Activist investors to push for margins, profitability in first half of …
WebFeb 16, 2024 · Earlier this week, payments and banking conglomerate FIS unveiled plans to spin-off its merchant business following pressure to explore strategic options from activist investors D.E. Shaw... WebDec 15, 2024 · Financial-technology giant Fidelity National Information Services Inc. signed a cooperation agreement with hedge fund D.E. Shaw & Co. and accelerated a leadership succession plan. Stephanie Ferris, who was slated to become chief executive officer of FIS in January, will now take the reins of the beleaguered fintech on Friday. WebJan 26, 2024 · As part of the changes announced in December, FIS said it was undergoing a “comprehensive assessment” of the company. Ferris, whose promotion to CEO was announced in October, said during the … ticketfly promotional code hardwell