Elliott cloud-computing guess rests on dumb markets – Breakingviews

Elliott cloud-computing bet rests on dumb markets – Breakingviews

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The activist group revealed a $1.four billion stake in German software program big SAP, and backed its administration. The fund’s personal evaluation implies the inventory may double, however seems out of kilter with analysts’ forecasts. The daring name means SAP wants to maneuver rapidly to maintain Elliott candy.

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