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Tweedy Browne Global Value Adds to Stakes in 4th Quarter
2016-01-13 20:39:31| Beverages - Topix.net
The most noteworthy of those transactions was the Fund's increase of nearly 721% to its stake in E-L Financial Corp. Ltd. , a Toronto-based life insurance and financial services company. The Fund purchased 79,300 shares for an average price of C$688.37 per share.
Sports Direct buys stakes in US firms
2016-01-13 09:53:56| BBC News | Business | UK Edition
The discount sportswear chain has bought stakes in US firms Iconix and Dick's Sporting Goods.
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Hennessy Japan Fund Reduces 13 Stakes in 4th Quarter
2016-01-07 03:56:08| Food - Topix.net
Of the 21 companies involved in its transactions in the fourth quarter ended Oct. 31, 2015, Hennessy Japan Fund reduced its stakes in 13. Its most noteworthy transaction, however, was its acquisition of a 115,600-share stake in SoftBank Group Corp. , a Tokyo-based telecommunications company with operations in ecommerce, Internet, technology services, financial services and other businesses. The Fund paid an average price of 6,624.28 per share.
Hennessy Japan Fund Reduces 13 Stakes in 4th Quarter
2016-01-07 01:35:31| Grocery - Topix.net
Of the 21 companies involved in its transactions in the fourth quarter ended Oct. 31, 2015, Hennessy Japan Fund reduced its stakes in 13. Its most noteworthy transaction, however, was its acquisition of a 115,600-share stake in SoftBank Group Corp. , a Tokyo-based telecommunications company with operations in ecommerce, Internet, technology services, financial services and other businesses. The Fund paid an average price of 6,624.28 per share.
UPDATE 1-Hyundai Motor, Kia Motors ordered to cut stakes in steel affiliate
2015-12-30 03:29:04| Automakers - Topix.net
SEOUL, Dec 30 Hyundai Motor and Kia Motors have been ordered to sell a combined 6.6 percent stake worth 461 billion won in steelmaking affiliate Hyundai Steel by Thursday to meet conglomerate ownership rules. South Korea seeks to address complex cross-shareholdings involving affiliates of big industrial groups, which have long been criticized for their poor corporate governance.
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