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
05.11Why colouring clothes has a big environmental impact
04.11Telekom Srbija renews satellite services contract with SES
04.11Charter video customers down 294,000 in 3Q 2024
04.11Swisscom TV connections down 12,000 in 3Q 2024
04.11Comcast domestic video subscribers down 365,000 in 3Q 2024
04.1115 jeans 'more durable' than 150 pair in tests
04.11The environmental campaigners fighting against data centres
04.11The environmental campaigners fighting against data centres
Consumer Goods and Services »
05.11Tropical Storm Rafael Graphics
05.11Tropical Storm Rafael Forecast Discussion Number 6
05.11Tropical Storm Rafael Wind Speed Probabilities Number 6
05.11Tropical Storm Rafael Public Advisory Number 6
05.11Summary for Tropical Storm Rafael (AT3/AL182024)
05.11Tropical Storm Rafael Forecast Advisory Number 6
05.11Why colouring clothes has a big environmental impact
05.11Atlantic Tropical Weather Outlook
More »