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Delek Group Unit Buys Ithaca Stake to Expand Global Activity

2015-10-11 17:03:09| Oil & Gas - Topix.net

An unnamed, wholly-owned subsidiary of Delek signed a binding investment agreement with Ithaca, which is traded on the Toronto Stock Exchange and London's Alternative Investment Market, Delek Group said in a statement on Oct. 9. The acquisition, financed through Delek's own resources, would make the unit the largest shareholder in Ithaca. Delek said it could increase its stake in Ithaca "as appropriate."

Tags: group global unit activity

Peltz's Trian Buys $2.5 Billion Stake in GE Amid Overhaul

2015-10-05 17:39:42| Appliances - Topix.net

The investment is now Trian's largest, the firm said in a statement Monday. In a separate statement, GE said it welcomes the move.

Tags: billion buys stake amid

Comcast buys stake in theme park firm

2015-09-28 08:54:57| BBC News | Business | UK Edition

US entertainment giant Comcast agrees to buy a 51% majority stake in Universal Studios Japan (USJ) for $1.5bn (987m).

Tags: park firm theme buys

Guru buys stake in producer of fertilizer ingredients

2015-09-24 05:31:57| Airlines - Topix.net

The value investors at Leith Wheeler Canadian Equity keep their eyes on the long-term potential for undervalued Canadian companies, treating investments as if they were buying the whole business, not merely fractions of them. The fund's performance in recent years has produced returns in double digits for its clients.

Tags: producer ingredients buys stake