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Ingredion purchase of Penford approved by shareholders

2015-01-30 22:33:24| Chemicals - Topix.net

Under the deal, Westchester-based Ingredion will buy all outstanding shares of Penford for $19 per share, and Penford will become an Ingredion subsidiary. The acquisition still must clear regulatory hurdles and closing conditions.

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Shareholders OK Mylan's inversion deal with Abbott

2015-01-29 20:51:09| Biotech - Topix.net

Mylan Inc. shareholders voted Thursday to approve the company's pending acquisition of Abbott's non-U.S. developed markets specialty and branded generic business and reorganization in the Netherlands. Announced in July, the $5.3 billion all-stock transaction gives Abbott a 22 percent stake in Mylan and will move its generic business to a new company that will be headquartered in the tax-friendly Netherlands and called New Mylan.

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Shell urges shareholders to accept climate resolution

2015-01-29 17:31:00| Climate Ark Climate Change & Global Warming Newsfeed

Guardian: Shell is set to confront the risk that climate change may pose to its future, after backing a resolution from activist shareholders. The move came on the same day it announced $15bn (10bn) in cost cutting due to plummeting oil prices and said it wanted to resume drilling for oil in the Arctic. The resolution, filed by 150 investors who control hundreds of billions of pounds, requires the oil major to test whether its business model is compatible with the pledge by the worlds nations to limit...

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Gruppo Campari introduces shareholders loyalty scheme

2015-01-29 16:16:00| Daily beverage news and comment - from just-drinks.com

Gruppo Campari is launching a shareholders loyalty scheme in order to encourage a long-term commitment from its investors.

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Samsung Earnings to Bolster South Korea's Campaign for Shareholders

2015-01-29 01:31:21| Electronics - Topix.net

Samsung Electronics Co. is likely to report its fifth consecutive quarter of year-to-year earnings declines Thursday-and offer further evidence that the government's hard line on corporate cash hoarding is making South Korea a more hospitable place for shareholders.

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