UPDATE 1-French financial watchdog says Elliott "obstructed" investigation that led to 20 mln euro fine [Reuters (UK)]
XPO Logistics, Inc. (XPO)
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Source: Reuters
French financial watchdog says Elliott 'obstructed' investigation that led to 20 million euro fine - Reuters 2 Min Read PARIS (Reuters) - France’s financial regulator fined Elliott Management 20 million euros ($22 million) after the U.S. activist filed inaccurate and late reports in connection with a 2015 tender offer for shares in Norbert Dentressangle by XPO Logistics ( XPO.N ). In a statement, the AMF also said Elliott had also “obstructed” its investigation related to the $3.56 billion acquisition of the French logistics firm by U.S.-based XPO. France has a long history of sparring with activist hedge funds like Elliott, which was founded by Paul Singer in 1977. The country’s finance minister said in April last year that the government was preparing measures to prevent activists destabilising French companies, while state-owned bank Bpifrance said a month earlier it had earmarked almost 2 billion euros to fend off such attacks. The AMF said Elliott had filed inaccurate reports o
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XPO
News
- XPO (NYSE:XPO) had its "buy" rating reaffirmed by analysts at Citigroup Inc..MarketBeat
- XPO (NYSE:XPO) had its "buy" rating reaffirmed by analysts at Benchmark Co..MarketBeat
- XPO (NYSE:XPO) had its price target raised by analysts at Bank of America Corporation from $151.00 to $158.00. They now have a "buy" rating on the stock.MarketBeat
- XPO Provides North American LTL Operating Data for November 2025GlobeNewswire
- XPO (NYSE:XPO) was upgraded by analysts at Rothschild Redb to a "strong-buy" rating.MarketBeat
XPO
Earnings
- 10/30/25 - Beat
XPO
Sec Filings
- 12/1/25 - Form 8-K
- 11/18/25 - Form 4
- 11/18/25 - Form 4
- XPO's page on the SEC website