Elliott Management is pushing for restructuring at PepsiCo and Kansai Electric, highlighting its activist investor role in major corporate shakeups.
Thames Water, Britain’s largest water supplier, is in negotiations with creditors and regulators to secure a deal that would prevent its temporary nationalisation. The company faces nearly £20 billion of debt and is seeking a recapitalisation plan involving debt write-offs and new investment. Progress is positive but uncertain as talks continue.