(Reuters) – Activist investor Elliott has disclosed a stake in Saga Plc (SAGAG.L) less than a month after the specialist tourism and insurance firm warned discounting was hurting its tours business. Saga has been trying to shake off its image as only serving “old people” and had begun rebranding after a profit warning in April. The company is also looking for a new chief executive officer after Lance Batchelor announced his departure last month.
Activist hedge fund Elliott takes stake in UK’s Saga
This entry was posted in Syndicated. Bookmark the permalink.
