Billionaire Paul Singer’s Recent Activist Targets and 5 Top Stock Picks

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In this article, we discuss billionaire Paul Singer’s recent activist targets and top 5 stock picks. If you want to see more stocks in this selection, you can check out Billionaire Paul Singer’s Recent Activist Targets and Top Stock Picks.

5. Synlab AG (ETR:SYAB)

Long Term Returns since Singer’s Investment: 37%
S&P 500 Gains since Singer’s Investment: 5.1%

Headquartered in Munich, Germany, Synlab AG (ETR:SYAB) is a healthcare company that provides clinical laboratory and medical diagnostics services for insurance companies, hospitals, pharmacies and clinics. It also offers coronavirus tests and medical and veterinary diagnostics services.

Billionaire Paul Singer’s Elliott Investment Management has amassed a position in Synlab AG (ETR:SYAB) as the company remains an acquisition target for Cinven in a deal that values it at $2.4 billion. The activist’s investor is expected to push for a much higher valuation as it sees a substantially long-term value for Synlab AG (ETR:SYAB) shares.

Elliott Management has already made a €400 million profit following a yearlong investment in Rocket Internet S.E. after asking for a higher price from founders who wanted to take the company private.

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