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Berkshire Hathaway becomes Heinz majority shareholder; PPG expects...
2015-06-19 10:12:46| Chemicals - Topix.net
Pittsburgh's H.J. Heinz Co said Warren Buffett's Berkshire Hathaway Inc. has become its majority shareholder by exercising a warrant ahead of the ketchup maker's planned merger with Northfield, Ill.-based Kraft Foods Group Inc. In a regulatory filing, Heinz said Berkshire exercised a warrant to acquire about 46.2 million shares for nearly $462,000 this week. Heinz said the shares represent about 5.4 percent of its outstanding common stock, and that their issuance gives Berkshire a 52.5 percent overall stake.
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Berkshire Hathaway becomes Heinz majority shareholder; PPG expects...
2015-06-19 06:43:26| Food - Topix.net
Pittsburgh's H.J. Heinz Co said Warren Buffett's Berkshire Hathaway Inc. has become its majority shareholder by exercising a warrant ahead of the ketchup maker's planned merger with Northfield, Ill.-based Kraft Foods Group Inc. In a regulatory filing, Heinz said Berkshire exercised a warrant to acquire about 46.2 million shares for nearly $462,000 this week. Heinz said the shares represent about 5.4 percent of its outstanding common stock, and that their issuance gives Berkshire a 52.5 percent overall stake.
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expects
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Telecom Italia shareholder split looms
2015-06-18 02:00:00| Total Telecom industry news
Telco demerger close to completion, paving way for transfer of Telefonica's Telecom Italia shares to Vivendi.
Tags: italia
split
telecom
shareholder
Big shareholder backs drugmaker Mylan
2015-06-16 17:58:59| Biotech - Topix.net
Mylan's biggest shareholder is backing the generic drugmaker's plan to remain a stand-alone company as it fights a takeover bid from larger rival Teva Pharmaceutical. Abbott Laboratories also says it will vote its nearly 15 percent stake in Mylan in favor of that company's proposed Perrigo acquisition bid, which is valued at around $34 billion.
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Sika: Shareholder Resolution for Extraordinary General Meeting Challenged
2015-06-12 07:00:00| Coatings World Breaking News
Tags: general
meeting
resolution
extraordinary
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