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Ashland shares surge after hedge fund reveals stake
2013-04-12 19:13:22| Chemicals - Topix.net
Shares of Covington, Ky.-based Ashland Inc. were up 6 percent Thursday after an activist hedge fund picked up a 7.4 percent stake in the company.
Tags: fund
shares
reveals
surge
KKR Among Firms Exploring Stake in J.C. Penney
2013-04-12 16:20:00| National Real Estate Investor
Major private equity firms are looking to buy a stake in J.C. Penney as retailer needs cash. TrafficCourt read more
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jc
exploring
stake
Hutchison Whampoa seeks controlling stake in Telecom Italia
2013-04-11 17:29:00| Telecompaper Headlines
(Telecompaper) Telecom Italia confirmed that Hutchison Whampoa is interested in becoming its controlling shareholder. In a statement after its latest board meeting, the Italian operator Hutchison has made the sale of 3 conditional on it also becoming Telecom's largest shareholder, the company said. Telecom Italia has named a committee led by executive chairman Franco Bernabe to continue evaluating the proposed transaction. It also includes the directors Luigi Zingales, Gabriele Galateri, Elio Catania and Julio Linares. Also at the board meeting the operator decided to go ahead with plans for spinning off its fixed network. The board mandated management to define the operational process and feasibility of the structural separation of the access network.
Tags: italia
controlling
telecom
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INDIA: John Distilleries mulls stake sale - Beam, Wm Grant, Campari, ThaiBev named - report
2013-04-04 16:35:18| Daily beverage news and comment - from just-drinks.com
Beam Inc, Gruppo Campari, William Grant & Sons and ThaiBev have all been linked to Indian spirits producer John Distilleries, according to local reports.
Strukton Rail to increase stake in CLF
2013-04-02 01:00:00| Railway Technology
Netherlands-based rail technology company Strukton Rail has announced that it will expand its stake in Italian railway contractor Construzioni Linee Feroviarie (CLF) from 40% to 60%.
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