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    Home»PR Newswire»Elliott declaration on Rwe Ag
    PR Newswire

    Elliott declaration on Rwe Ag

    Miley SelenaBy Miley SelenaMarch 24, 2025No Comments1 Min Read
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    LONDON,, March 24, 2025 / Prnewswire / – Elliott Advisors (UK) Limited (“Elliott” or “We”), which advises funds which have an economic interest of almost 5% in Rwe AG (“Rwe” or “The Company”), published the following declaration today:

    Elliot logo

    “We welcome RWE’s decision to reduce its 2025-2030 investment program by 10 billion euros, or 25%, while implementing more strict investment criteria, increasing the return objectives and accelerating its farm strategy. These measures represent an important first step towards a more disciplined capital allowance. However, we share the disappointment of the market with the lack of clarity concerning Company to improve shareholders’ shareholding.

    About Elliott

    Elliott Investment Management LP (with its affiliates, “Elliott”) manages approximately $ 72.7 billion in assets from December 31, 2024. Founded in 1977, it is one of the oldest funds under continuous management. Investors of Elliott funds include pension plans, sovereign funds, allocations, foundations, funds, individuals and high -value families and company employees. Elliott Advisors (UK) Limited is an affiliate of Elliott Investment Management LP

    Media contacts

    London

    Alice Best

    Elliott Advisors (UK) Limited

    T: +44 203 009 1715

    abest@elliottadvisors.co.uk

    Shattering

    Thomas Katzensteiner

    Charles Barker

    T: +49 69 79 40 90 25

    Thomas.katzensteiner@charlesbarker.de

    Source Elliott Advisors (UK) Limited





    Source: PR Newswire

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