Elliott demands board overhaul at Northern Star, nominates six director candidates

1. 1Activist investor Elliott has demanded a full board overhaul at Australia's largest gold miner, Northern Star Resources.
2. 2In an open letter, Elliott nominated six director candidates to oversee a strategic and operational review and disclosed a 5.6% stake.
3. 3In the open letter, Elliott pointed out that Northern Star's total shareholder return has lagged its peers by a significant margin for several years.

Source Bloomberg · View original ↗

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