Elliott Investment Management has taken a position worth over $1.5 billion in Hewlett Packard Enterprise (HPE), Bloomberg reported Tuesday, citing people familiar with the matter.
The investment makes Elliott one of the top five shareholders in the company, Bloomberg said, citing data it compiled.
Neither Elliott nor HP Enterprise immediately replied to requests for comment from MT Newswires.
(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)
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