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Flint Group PR on Joint Venture with Continental Printing Inks/Eagle Ink Systems

2015-06-11 07:00:00| Coatings World Breaking News

Tags: group systems joint printing

 

Hedge fund, Samsung Group locked in fight over $8 billion merger

2015-06-11 06:54:54| Chemicals - Topix.net

U.S. activist hedge fund Elliott filed another injunction to block a proposed $8 billion merger of two key Samsung Group companies, escalating a conflict over a deal seen key to leadership transfer at South Korea's top conglomerate. Elliott said it had filed its second injunction with a South Korean court, this time to stop builder Samsung C&T Corp from selling treasury shares amounting to a 5.8 percent stake to KCC Corp in a bid to gain KCC's support for the proposed all-share takeover offer from Cheil Industries Inc. In a statement, Samsung C&T said the sale would defend shareholders against "an attack from a foreign hedge fund intended for a short-term trading profit".

Tags: group samsung fight fund

 
 

Hedge fund, Samsung Group locked in fight over $8 billion merger

2015-06-11 05:18:11| Semiconductors - Topix.net

U.S. activist hedge fund Elliott filed another injunction to block a proposed $8 billion merger of two key Samsung Group companies, escalating a conflict over a deal seen key to leadership transfer at South Korea's top conglomerate. Elliott said it had filed its second injunction with a South Korean court, this time to stop builder Samsung C&T Corp from selling treasury shares amounting to a 5.8 percent stake to KCC Corp in a bid to gain KCC's support for the proposed all-share takeover offer from Cheil Industries Inc. In a statement, Samsung C&T said the sale would defend shareholders against "an attack from a foreign hedge fund intended for a short-term trading profit".

Tags: group samsung fight fund

 

Hedge fund, Samsung Group locked in fight over $8 billion merger

2015-06-11 05:12:52| Electronics - Topix.net

U.S. activist hedge fund Elliott filed another injunction to block a proposed $8 billion merger of two key Samsung Group companies, escalating a conflict over a deal seen key to leadership transfer at South Korea's top conglomerate. Elliott said it had filed its second injunction with a South Korean court, this time to stop builder Samsung C&T Corp from selling treasury shares amounting to a 5.8 percent stake to KCC Corp in a bid to gain KCC's support for the proposed all-share takeover offer from Cheil Industries Inc. In a statement, Samsung C&T said the sale would defend shareholders against "an attack from a foreign hedge fund intended for a short-term trading profit".

Tags: group samsung fight fund

 

BT Group plc Stock Rating Reaffirmed by Jefferies Group

2015-06-11 00:25:15| Telecom - Topix.net

's stock had its "buy" rating restated by research analysts at Jefferies Group in a report released on Wednesday. They currently have a GBX 515 price objective on the communications services company's stock.

Tags: group rating stock plc

 

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