Investing.com -- Hewlett Packard Enterprise’s (NYSE:HPE) board of directors is expected to meet in the coming days to discuss a proposal from Elliott Investment Management to replace CEO Antonio Neri, according to Semafor, citing people close to the company. Neri, a company veteran who has led HPE since 2018, has come under scrutiny amid challenges in shareholder performance and strategic execut ...
Investing.com -- Generali (BIT:GASI) Investments Holding SpA, an asset management firm, and Partners Group, an investment firm, are collaborating to launch a private credit secondaries fund. This information comes from a statement that was seen and reported on by Bloomberg News.The private credit secondary market, a place where limited partners can sell their stakes to other institutional investor ...
By Milana Vinn, David French and Akash Sriram(Reuters) -Global Payments has agreed to buy rival Worldpay from FIS and private equity firm GTCR for $24.25 billion in a three-way deal, sharpening its focus on merchant services in its race for big-business clients in a crowded payments market.As part of the deal announced on Thursday, Global Payments (NYSE:GPN) will sell its issuer solutions unit, ...
Investing.com -- Bausch Health Companies Inc (NYSE:BHC) stock closed up 13.3% following a favorable court decision. The U.S. District Court for the District of Columbia ruled in favor of the company in a lawsuit involving its gastroenterology business, Salix Pharmaceuticals, Inc., against Norwich Pharmaceuticals, Inc.The court denied Norwich’s motion for a preliminary injunction treated as a mot ...