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Hyundai Motor executives to sell $1.25 billion stake in logistics affiliate: source

2015-01-12 13:37:04| Automakers - Topix.net

Hyundai Motor Co's chairman and vice chairman are seeking to raise about $1.25 billion by selling shares of Hyundai Glovis, a person familiar with the matter said, a move that could smooth succession in the family-owned conglomerate. The sale could help vice chairman and heir apparent Chung Eui-sun buy stakes in key units such as Hyundai Motor, Kia Motors Corp and Hyundai Mobis Co Ltd, without subjecting Hyundai Glovis to antitrust regulations governing inter-affiliate transactions, company watchers said.

Tags: source sell motor affiliate

 

Roche to buy majority stake in Foundation for up to $1.18ibn

2015-01-12 09:47:56| Biotech - Topix.net

The logo of Swiss pharmaceutical company Roche is seen outside the Shanghai Roche Pharmaceutical Co. Ltd. headquarters in Shanghai May 22, 2014.

Tags: to up buy foundation

 
 

E I Du Pont De Nemours And Co (DD): Trian Fund Nominates Four Director Candidates After Raising Stake

2015-01-10 01:07:26| Beverages - Topix.net

Nelson Peltz 's Trian Fund Management has recently disclosed that it has nominated four director candidates to be elected to the board of E I Du Pont De Nemours And Co at the 2015 Annual Meeting of Stockholders. Trian Fund owns some 24.4 million shares of the company, the stake represeting around 2.7% of the company and has a value of some $1.80 billion.

Tags: four director fund candidates

 

E I Du Pont De Nemours And Co (DD): Trian Fund Nominates Four Director Candidates After Raising Stake

2015-01-09 22:13:36| Chemicals - Topix.net

Nelson Peltz 's Trian Fund Management has recently disclosed that it has nominated four director candidates to be elected to the board of E I Du Pont De Nemours And Co at the 2015 Annual Meeting of Stockholders. Trian Fund owns some 24.4 million shares of the company, the stake represeting around 2.7% of the company and has a value of some $1.80 billion.

Tags: four director fund candidates

 

Magath has bought stake in Rangers

2015-01-09 08:39:48| BBC News | Business | UK Edition

Former Bayern Munich manager Felix Magath has purchased around a 1% stake in Rangers International Football Club.

Tags: bought stake rangers

 

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