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Shareholder groups say Mylan deal requires vote; Kraft Heinz going to cage-free eggs
2016-03-02 16:21:56| Biotech - Topix.net
Two shareholder rights groups in Europe are challenging Mylan's pending acquisition of Swedish drug company Meda AB, saying the $9.9 billion deal announced Feb. 10 first needs to be approved by Mylan's shareholders. In a letter last week, the Dutch Investors' Association and the European Investors' Association contended Dutch law required the transaction be put to a vote.
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TSI Celebrates Vulkan Group's 125th Anniversary with Silent Ships Seminar
2016-03-02 11:11:00| Ship Technology
German multinational company VULKAN Group, world leader in the design and production of elastic mountings, composite shaft lines, and mechanical couplings for marine propulsion systems and all kind of industrial equipment, has celebrated its 125th An
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Tata Group's Indian Hotels divests 1.24% stake in Belmond for nearly Rs 82 crore
2016-02-26 10:01:57| Steel - Topix.net
The sale proceeds are being utilised for the retirement of debt, Indian Hotels Company said in a filing to BSE. Tata Group hospitality arm Indian Hotels Company has said its overseas arm Samsara Properties has sold over 12.7 lakh shares or 1.24% of Belmond for a consideration of $11.96 million to pare debt.
Environmental groups to Snyder: New MDEQ director "key opportunity to redefine your legacy"
2016-02-26 01:38:41| Waste Management - Topix.net
It's been two months since the former head of Michigan's Department of Environmental Quality resigned. Dan Wyant resigned after a task force placed much of the blame for the Flint water crisis on the MDEQ.
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Samsung Group's Lee to buy $186 mln worth of shares in group firms
2016-02-25 11:44:45| Chemicals - Topix.net
Feb 25 Samsung Group de facto leader Jay Y. Lee will acquire 230.2 billion won worth of shares in two group companies, boosting his stake in the South Korean conglomerate's de facto holding company amid an ongoing succession process. Jay Y. Lee is acquiring 200 billion won worth of shares in Samsung C&T Corp from Samsung SDI, which on Thursday said it is selling 765 billion won worth of C&T shares to comply with a South Korean regulatory ruling.
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