Dan Loeb’s Third Point Explores Potential Acquisition of SiriusPoint, Two Years After Its Listing
In Wednesday filing, SPNT stock’s 9.3% owner reveals intention to buy remaining shares Shares of SiriusPoint (NYSE:SPNT) look set to extended Wednesday’s more-than-10% gain as investors mull the potential of Third Point LLC acquiring the company. The activist fund, run by Daniel Loeb, currently owns 9.34% of the stock. Loeb’s Third Point believes that SiriusPoint’s management team, led by its CEO, is taking the necessary steps to position the company for long-term success and is supportive of the current strategy and plan being pursued. Q1 2023 hedge fund letters, conferences and more Find A Q...