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Suzuki Motor says to buy back VW stake as tribunal settles long feud

2015-08-30 11:25:52| Automakers - Topix.net

Japan's Suzuki Motor Corp said on Sunday it will buy back the 19.9 percent stake it sold to Volkswagen AG Suzuki filed for international arbitration in November 2011, after Volkswagen refused to sell back the shares in Suzuki it acquired in January 2010 for 1.7 billion euros .

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Icahn Buys a Stake in Troubled Freeport-McMoRan

2015-08-29 12:11:41| Energy - Topix.net

NEW YORK -- Activist investor Carl Icahn on Thursday revealed an 8.46% stake in mining, oil and gas company Freeport-McMoRan in a 13D filing with the SEC. Icahn entities have purchased 88 million shares at prices ranging from $9.58 to $16 per share.

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Icahn Buys a Stake in Troubled Freeport-McMoRan

2015-08-29 05:52:32| Oil & Gas - Topix.net

NEW YORK -- Activist investor Carl Icahn on Thursday revealed an 8.46% stake in mining, oil and gas company Freeport-McMoRan in a 13D filing with the SEC. Icahn entities have purchased 88 million shares at prices ranging from $9.58 to $16 per share.

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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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