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Icahn Declares a 12% Stake in Pep Boys, Plots Takeover by Auto Plus

2015-12-06 21:55:41| Auto Parts - Topix.net

Billionaire activist investor Carl Icahn disclosed a new 12.1 percent stake in The Pep Boys - Manny Moe & Jack and said the auto parts and maintenance chain's retail business should be acquired by Auto Plus - a competitor he controls. Icahn believes Pep Boys' "retail automotive parts segment presents an excellent synergistic acquisition opportunity for Auto Plus, a leading automotive aftermarket company wholly owned by" Icahn Enterprises LP, according to a 13D regulatory filing Friday.

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Bill Gates plots a surprise attack on the energy sector

2015-12-01 15:00:00| Climate Ark Climate Change & Global Warming Newsfeed

Reuters: Bill Gates grows most animated when the talk turns to the "cool" new energy technologies that have yet to leave the lab. Gates was a rare civilian sharing the limelight alongside presidents and prime ministers at the opening session of Paris climate talks on Monday. Offstage, in a barren conference room, he excitedly described the possibility of generating energy through the long-speculated process of artificial photosynthesis, using the energy of sunshine to produce liquid hydrocarbons that...

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Flow Jamaica plots 53m investment

2015-09-07 02:00:00| Total Telecom industry news

Newly rebranded telco to plough cash into call centre, networks over coming 12 months.

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New York exhibition plots rise of global fashion

2015-06-05 13:21:07| Apparel - Topix.net

Paris, Milan, New York and London may reign in world fashion, but Asian and South American cities are ones to watch, according to an exhibition at one of the world's best design schools. Dubbed "Around the world in 80 Items" by Style.com, the museum at New York's Fashion Institute of Technology is charting a new generation of fashion-forward cities eying global prominence.

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Monsanto plots pricey Syngenta comeback amid growing scepticism

2015-06-04 21:34:36| Chemicals - Topix.net

U.S. agrochemicals firm Monsanto Co and its advisers are working flat out to accommodate Syngenta's qualms about regulatory hurdles to a deal whose perils may well outweigh the rewards. Investment bankers and analysts expect Monsanto to increase its bid by about 10 percent, to just short of 500 SFr, while others say Monsanto cannot afford to be scorned by the target again and would be ready to offer potentially close to 550 SFr.

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