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Nelson Peltz's Trian Fund takes US$2.5 billion stake in GE: WSJ

2015-10-05 10:02:37| Food - Topix.net

Nelson Peltz's Trian Fund Management has accumulated US$2.5 billion in General Electric shares since May - a roughly 1 percent stake - making it one of the company's top 10 shareholders, the Wall Street Journal reported. Nelson Peltz, one of the principles of the Trian Group, addresses the audience at the H.J. Heinz Co.

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Long & Foster Real Estate Takes Equity Stake in Moxi Works

2015-10-05 04:01:39| Real Estate - Topix.net

The Long & Foster Companies has invested in Moxi Works, acquiring an equity stake in the independent firm. Long & Foster is now a shareholder in the company, which was founded and is majority owned by Windermere Real Estate, a family-owned real estate brokerage based in Seattle.

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Heineken takes 50% stake in Lagunitas Brewing Co

2015-09-08 19:06:10| Daily beverage news and comment - from just-drinks.com

Heineken has moved into craft beer for the first time with the purchase of a 50% stake in Californian craft brewer Lagunitas Brewing Co.

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Qorvo Takes Strategic Stake in MEMS Vendor Cavendish

2015-08-28 20:30:00| Electronics - Topix.net

RF MEMS switch vendor Cavendish Kinetics Ltd. has raised $36 million in a Series-F round of financing that includes a $25 million stake taken by RF component company Qorvo Inc. through its subsidiary TriQuint Inc. The deal with Qorvo and TriQuint includes the terms under which Cavendish has granted TriQuint the exclusive right, but not the obligation, to acquire Cavendish with an option period lasting until June 30, 2017 or until 60 days after a certain undisclosed product enters pre-production, which ever is sooner. Qorvo Inc. was formed by the merger of two wireless semiconductor companies RF Micro Devices Inc. and TriQuint Inc. - which came into effect on Jan. 1, 2015.

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Carl Icahn takes top stake in Freeport-McMoRan

2015-08-28 19:50:35| Real Estate - Topix.net

On a day the Phoenix-based mining giant shared plans to cut capital spending in the next year and to shed about 10 percent of its workforce due to lower copper prices, Icahn announced his reported stake of 88 million shares of Freeport, reports CNBC . Freeport has felt the pinch of dropping commodity prices, including the 18 percent dip in copper this year.

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