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Starboard takes stakes in Symantec, proposes new board members

2018-08-16 10:45:00| Telecompaper Headlines

(Telecompaper) The activist investor Starboard has acquired a stake in Symantec and is seeking to place five of its representatives on the cybersecurity company's 11-person board. Symantec's share price has nearly halved in the past year after it announced accounting problems, and Starboard thinks it can lead a turnaround at the group. 

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Berkowitz's Fairholme Fund Reduces Fannie Mae-Freddie Mac Stakes

2018-08-03 16:27:45| National Real Estate Investor

Berkowitzs Fairholme Fund cut its Freddie Mac holdings to 8.4 percent of net assets as of June 30 from 15.7 percent six months earlier.

Tags: mac fund reduces stakes

 
 

Donald Trump raises stakes as US-China trade war begins

2018-07-06 16:33:38| BBC News | Business | UK Edition

The US President raises the prospect of more tariffs on about $500bn of Chinese imports.

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Altice to sell stakes in French and Portuguese tower businesses for EUR 2.5 bln

2018-06-21 10:04:00| Telecompaper Headlines

(Telecompaper) Altice Europe has agreed to sell a 49.99 percent stake in its French tower business and a 75 percent stake in its Portuguese tower assets for a total cash consideration of EUR 2.5 billion. The deals, which have been in the making since the beginning of the year, deliver on the group's objective to reduce debt with the disposal of non-core operations.

Tags: sell eur french businesses

 

No date set for betting machine stakes cut, government admits

2018-06-15 15:14:50| BBC News | Business | UK Edition

New rules to reduce the maximum bet on "crack cocaine" gambling machines could take two years to come in, reports say.

Tags: date set government cut

 

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