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Activist Hedge Fund Elliott Builds $1 Billion-Plus Stake in Johnson Controls

(Bloomberg) -- Activist investor Elliott Investment Management has built a large position in industrial giant Johnson Controls International Plc, whose performance has lagged its peers, according to people familiar with the matter. Most Read from BloombergIran State TV Says ‘No Sign of Life’ at Helicopter Crash SiteSpeedier Wall Street Trades Are Putting Global Finance On EdgeChina’s Housing Rescue Too Small to End Crisis, Analysts SayEbrahim Raisi, Iranian President Confron...
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Source: yahoo.com

Activist Investor Elliott Acquires Major Stake In Johnson Controls: Report - Johnson Controls Intl (NYSE:JCI)

Elliott Investment Management has reportedly acquired a substantial stake in Johnson Controls International, exceeding $1 billion, ranking it among the top ten investors in the company. Despite a 9.2% rise in Johnson Controls' shares over the past year, the company's performance lags behind industry peers.
Marc Vandiepenbeeck George Oliver Tyco International Sensata Technologies Holdings Plc Carrier Global Corp Energy Inc

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Activist Elliott holds $1bn position in HVAC specialist Johnson Controls

TOP STORY: Elliott Investment Management, the $8bn activist hedge fund firm founded by Paul Singer, has built a stake worth over $1bn in Johnson Controls International, a specialist in HVAC control systems used by data centres, according to a report by Bloomberg.
Crown Castle Paul Singer George Oliver Sensata Technologies Holdings Johnson Controls International Johnson Controls

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