French regulator slaps €20m fine on Elliott

On the 04.22.20 at 12:24PM


Tuba Raqshan

The AMF Enforcement Committee fined fund managers Elliott Advisors UK Limited (€15m) and Elliott Capital Advisors LP (€5m) for failure to comply with reporting obligations for a simplified public cash offer.

The committee had found that both the firms had filed inaccurate and late reports of the tender offer filed in 2015 by XPO for the shares of Norbert Dentressangle SA and in the case of Elliott Advisors UK Limited, obstruction of

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