Latest news with #PentwaterCapital
CNBC
2 days ago
- Business
- CNBC
Watch CNBC's full interview with Pentwater Capital CEO Matthew Halbower
Matthew Halbower, Pentwater Capital CEO, joins CNBC's 'Squawk on the Street' to discuss the Nippon–U.S. Steel deal, the potential for privatization of Fannie and Freddie, and more.
CNBC
2 days ago
- Business
- CNBC
Matthew Halbower: 'Absolutely' believe government will privatize Fannie and Freddie
Matthew Halbower, Pentwater Capital CEO, joins CNBC's 'Squawk on the Street' to discuss the Nippon–U.S. Steel deal, the potential for privatization of Fannie and Freddie, and more.
Bloomberg
20-06-2025
- Business
- Bloomberg
Third Point, Arb Funds Reap Big Gains as US Steel Bet Pays Out
US hedge funds including Third Point LLC and Pentwater Capital Management are reaping a windfall from bets that political noise wouldn't keep United States Steel Corp. from completing its $14.1 billion deal with its Japanese suitor. Nippon Steel Corp.'s controversial acquisition closed on Wednesday, ending an 18-month saga that divided the US steel industry and became a flash point in American politics. The deal was clinched as US President Donald Trump shifted his views on the foreign transaction after Nippon Steel offered further commitments and investments in the Pittsburgh-based steelmaker.
Wall Street Journal
19-06-2025
- Business
- Wall Street Journal
Rio Tinto Agrees to Settle Mongolia Copper Mine Lawsuit
Rio Tinto agreed to pay $138.75 million to resolve a class-action lawsuit that alleged the company concealed problems during the expansion of a giant copper mine in Mongolia. The plaintiffs in the lawsuit, led by Pentwater Capital Management, alleged the company misrepresented and omitted information about the expansion of the Oyu Tolgoi mine, which ran years late and nearly $2 billion over budget.
