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Soroban takes Johnson Controls stake alongside Elliott

New York-based hedge fund firm Soroban Capital Partners has built a $500m stake in HVAC control systems specialist Johnson Controls International, joining activist investor Elliott Investment Management as one of the company's largest shareholders, according to a report by Bloomberg.

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Central bankers try to reason with investors

While oil prices move up and down, bond yields wake up and metal prices go through the roof, equity markets remain resilient. Nevertheless, they need a new catalyst to keep pace with the Nasdaq. -May 21, 2024 at 09:30 am EDT - MarketScreener

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Funds amass large stakes in Cork-headquartered company Johnson Controls

Johnson Controls produces fire detection, refrigeration, security and HVAC equipment, mainly in commercial buildings

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IRS Continues Focus On Large Partnerships: 3 Items To Watch Out For

IRS Continues Focus On Large Partnerships: 3 Items To Watch Out For
forbes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from forbes.com Daily Mail and Mail on Sunday newspapers.

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