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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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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.

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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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