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Stora Enso Increases Stake in Chinese Subsidiary Inpac Packaging

2015-12-29 21:00:47| Paper - Topix.net

Dec. 29, 2015 - Stora Enso has entered into an equity transfer agreement to increase its ownership stake from 51% to 90% in its Chinese subsidiary Stora Enso Inpac Packaging Co. Ltd. The transaction is based on the terms of an option agreement dated October 2010.

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Mason Hawkins Increases FedEx Stake by 25%

2015-12-15 01:12:02| Air Courier - Topix.net

Mason Hawkins is primarily a value investor similar to Benjamin Graham and Philip Fisher. These legendary gurus look for businesses with good management, good people, and companies that sell for deep discounts significantly less than their intrinsic value.

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Ackman's Pershing Square Capital Management increases stake in Valeant to 9.9%

2015-11-25 06:53:27| Biotech - Topix.net

Bill Ackman's Pershing Square Capital Management has increased its stake in embattled drugmaker Valeant Pharmaceuticals International Inc. . The investment manager disclosed in its latest regulatory filings that it now has a 9.9 per cent in the Canadian company.

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Vivendi increases Telecom Italia stake to 19.9%

2015-10-06 11:04:00| Telecompaper Headlines

(Telecompaper) French media conglomerate Vivendi has confirmed that it has increased its stake in Telecom Italia from its current holding of 15.5 percent to 19.9 percent of the capital. Vivendi has been the Italian operator's largest shareholder since June, when it received 8.24 percent of shares from Telefonica as part-payment for the sale of its Brazilian broadband unit GVT and purchased 6.66 percent of additional shares. The French group subsequently increased its holding to just under 15.5 percent in September and has now raised that stake to just under 20 percent by spending EUR 3.054 billion on the market at a price of around EUR 1.14 per ordinary share. In a statement Vivendi said its new investment served to confirm its intention to support Telecom Italia over the long term and to develop its activities in southern Europe.

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Shaw Industries Increases Stake in Watershed Geosynthetics

2015-09-10 07:00:00| Nonwovens Industry Breaking News

Seeks to drive sales growth and continue developing innovative products.

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