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Steve Cohen's Point72 Bullish On Olin Corporation (OLN) & Raises Stake To 6.4%

2015-07-15 11:37:23| Chemicals - Topix.net

In a newly-amended filing with U.S. Securities and Exchange Commission, Steve Cohen's Point72 Asset Management disclosed increasing its position in Olin Corporation , as it is about to complete its merger with Dow Chemical Co . The investor raised his position in Olin Corporation to over 4.94 million shares from 4.06 million shares held previously, according to the filing.

Tags: to corporation steve raises

 

Paulson Builds Stake in Syngenta to Support Monsanto Deal

2015-07-15 01:17:42| Chemicals - Topix.net

Bags of Syngenta AG Golden Harvest brand hybrid seed corn sit in a barn in Princeton, Ill., on May 8, 2015. Paulson & Co., the hedge fund of billionaire investor John Paulson, has taken a stake in Syngenta AG in a sign the firm backs a takeover attempt by Monsanto Co., people with knowledge of the matter said.

Tags: support deal builds stake

 
 

Abengoa Reduces Its Stake in Abengoa Yield to 49 %

2015-07-14 23:10:15| Paper - Topix.net

Abengoa Yield plc the sustainable total return company that owns a diversified portfolio of contracted assets in the energy and environment sectors, announced that Abengoa has sold 2,000,000 shares of Abengoa Yield under Rule 144, reducing its current stake to 49.05 %. Abengoa Yield is a total return company that owns a diversified portfolio of contracted renewable energy, power generation, electric transmission and water assets in North America, South America and certain markets in EMEA.

Tags: to yield reduces stake

 

Another Chinese firm buys stake in Masood Textile Mills

2015-07-13 18:19:00| Daily apparel & textile news and comment - from just-style.com

Chinese company Zhejiang Xinao Industry has acquired a 12.7% stake in Masood Textile Mills, one of the few vertically integrated textile and apparel makers in Pakistan.

Tags: firm chinese mills textile

 

Mexico's New Oil Era Is Here and Economic Legacy Is at Stake

2015-07-13 14:19:18| Energy - Topix.net

On Wednesday, the government will hold the first in a series of petroleum auctions that will help open the energy industry, bringing in an estimated $62.5 billion by 2018 and increasing annual output by 500,000 barrels a day. The exploration and production contracts, the first since then- President Lazaro Cardenas nationalized the fields in 1938, will end the monopoly of state-owned Petroleos Mexicanos, or Pemex.

Tags: is era economic oil

 

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