Home › Elliott Management ups Axis stake, complicating Canon bid
 

Keywords :   


Elliott Management ups Axis stake, complicating Canon bid

2015-03-31 11:07:38| Appliances - Topix.net

Hedge fund Elliott Management has raised its stake in surveillance camera maker Axis AB, a disclosure notice showed, possibly putting pressure on Japan's Canon Inc to sweeten its 23.6 billion crown takeover bid. Canon, the world's leading camera maker, in February launched a friendly offer to buy Axis shares to expand in the fast-growing surveillance camera business amid flagging sales of digital cameras.

Tags: management ups bid canon

Category:Consumer Goods and Services

Latest from this category

All news
02.07Tesla sales rise sharply after slump
02.07Almost 1.8m people owe 50,000 or more in student debt
02.07Levelling up: Can the next government help the UK games industry?
02.07Cheap TVs ahead of Euros help slow price inflation
02.07Murdoch Netflix rival to launch in UK
02.07The fastest data in the world
02.07The fastest data in the world
02.07Which issues barely get a mention in party manifestos?
Consumer Goods and Services »
02.07Ansell Completes Acquisition of Kimberly-Clarks PPE Business
02.07Ecolab Launches 100% Plastic-Free Wipe for Healthcare Settings
02.07Summary for Hurricane Beryl (AT2/AL022024)
02.07Chattanooga Area High School Students Graduate from BASFs TECH Academy
02.07Atlantic Tropical Weather Outlook
02.07Fayette Pipe Transforms Black Steel Pipe with FayetteGuard
02.07Hurricane Beryl Graphics
02.07Hurricane Beryl Public Advisory Number 16A
More »