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Salim snaps up Rio Tinto's stake in NSW coal mine

2016-01-27 02:17:38| Agriculture - Topix.net

The sale by Rio raises to more than $US830 million the miner has raised from the sale of Australian coal mines. Indonesia's powerful Salim group has extended its reach into Australia, this time with the purchase of one of the largest coal mines in NSW from Rio Tinto.

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Bridges Investment Management Acquires New Stake in Kimberly Clark Corp

2016-01-26 21:52:37| Paper - Topix.net

Bridges Investment Management acquired a new stake in shares of Kimberly Clark Corp during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission . The hedge fund acquired 2,074 shares of the company's stock, valued at approximately $264,000.

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Natixis Asset Management Cuts Stake in Union Pacific Co.

2016-01-26 19:16:25| Railroads - Topix.net

Natixis Asset Management lowered its position in Union Pacific Co. by 6.7% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission .

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Cornerstone Investment Partners Continues to Hold Stake in ConAgra Foods Inc

2016-01-26 17:02:02| Food - Topix.net

Cornerstone Investment Partners maintained its position in shares of ConAgra Foods Inc during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission . The firm owned 25,750 shares of the company's stock at the end of the fourth quarter.

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UPDATE 1-Trelleborg in talks with KKR over stake in car parts maker -sources

2016-01-26 17:01:03| Industrial Machines - Topix.net

While Trelleborg initially expected an IPO to maximize the return on its 50 percent stake, the group has warmed to the idea of selling to a private equity firm as stock markets have tumbled, the sources said. Other private equity groups such as PAI and Bain have also shown interest in buying the stake, the sources said, speaking on condition of anonymity as the matter isn't public.

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