Nissin has made its takeover approach to Premier Foods by buying 17.3 percent stake in the company. The deal made Nissin Premier Foods’ largest stakeholder, but the company must agree to not make a takeover bid to Premier Foods in at least six months.
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Activist investor Carl Icahn raised his stake in U.S. car rental company Hertz Global Holdings Inc to 10.77 percent from 8.48 percent. The billionaire was already Hertz's largest shareholder and in the past few months had successfully pushed for management changes and won board seats on the company.
Liberty Global announced that the company is contented with its 28.5% holdings in Dutch cable company, Ziggo, said a report from Reuters.
Abu Dhabi based airline Etihad purchased Virgin Australia shares on the Australian bourse as a means to increase its shareholdings in the Australian airline.
Mediobanca, one of the shareholders in Telco SpA who is the majority shareholder in Telecom Italia SpA, announced the cut in its stake in the holdings company, lowering the value of the shares of the telecommunications firm.
The Canadian government announced last Tuesday that it would sell 30 million General Motors common shares.
According to tycoon Naguib Sawiris, he is interested in purchasing a stake in Telecom Italia but may opt not to in light of the Italian press' preference for Telefonica.
Alitalia and Etihad are in discussion as to possible stake purchase from the Italian flag carrier.
Nan Fung planned buy a stake in Forterra Trust to increase its market share.
The German government may be divesting its interest in Germany's second largest lender within the year.
Sheik Mansour's stake in Barclays was sold last month.
Actis planned to acquire 25% stake in Symbiotec Pharmalab.
Neptune increased its stake in Acasti Pharma Inc.
Hasbro paid US$112 million cash for a 70% stake in Backflip Studios.
China National Petroleum Corp pays out US$5 billion for a share in the Kashagan oil fields of Kazakhstan.
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