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Icahn Takes 12% Stake in Pep Boys, Sees Fit for Rival
2015-12-05 01:39:47| Auto Parts - Topix.net
Billionaire investor Carl Icahn reported on Friday that he now owns 12.12% of auto parts company Pep Boys-Manny, Moe & Jack, which agreed to sell itself to Bridgestone in October, and said its retail automotive parts segment would be a perfect fit for rival Auto Plus. Icahn began buying the shares in late November and now owns 6.55 million shares, making him the second largest owner after Mario Gabelli's Gabelli Funds, a regulatory filing shows.
Through EDF, China Takes Stake in U.K. Nuclear Plant
2015-10-21 19:44:34| ENR.com: Headline News
China is now expected also to have a stake in subsequent U.K. nuclear plants.
Millicom takes 24% stake in Helios Towers Africa
2015-10-08 02:00:00| Total Telecom industry news
Telco to exchange holdings in towers companies in Ghana, DRC and Tanzania for stake in parent company.
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Nelson Peltz Takes $2.5B Stake in GE
2015-10-06 04:51:28| Chemicals - Topix.net
It was a good description for the markets on Monday as the major market averages all finished up at least 1.5%. The Dow jumped 304 points, and at the high rose 326 points.
Nelson Peltz's Trian Fund takes $2.5-billion stake in GE
2015-10-05 12:46:29| Beverages - Topix.net
Nelson Peltz's Trian Fund Management said it has bought $2.5-billion in General Electric shares since May, making it one of the company's top 10 shareholders. With a beneficial ownership of 98.5 million GE shares, the company is now Trian's largest investment, the activist investor firm said in a statement on Monday.
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