Home › Elliott Management ups Axis stake, complicating Canon bid
 

Keywords :   


Elliott Management ups Axis stake, complicating Canon bid

2015-03-31 11:07:38| Appliances - Topix.net

Hedge fund Elliott Management has raised its stake in surveillance camera maker Axis AB, a disclosure notice showed, possibly putting pressure on Japan's Canon Inc to sweeten its 23.6 billion crown takeover bid. Canon, the world's leading camera maker, in February launched a friendly offer to buy Axis shares to expand in the fast-growing surveillance camera business amid flagging sales of digital cameras.

Tags: management ups bid canon

Category:Consumer Goods and Services

Latest from this category

All news
25.11From eyesore to asset: How a smelly seaweed could fuel cars
24.11Young people who refuse to work to lose benefits - minister
24.11'I was scammed out of 75k by Martin Lewis deepfake advert'
23.11'Trust and reserve judgement' on rebrand, says Jaguar
23.11UK wants to hire EU negotiator to 'reset' relations
23.11Sisters build global beauty brand from a garage
23.11Versace bag for 15: Why Christmas shoppers are choosing charity shops
23.11'We are being robbed': Homeowners feel trapped by rising fees
Consumer Goods and Services »
25.11
25.11 122
25.11PA YAMAHAag03
25.11
25.11 13
25.11DX Z 50th Anniversary Ver.
25.11 11
25.11CUPRUM LUBIN
More »