Tag Archives: stake


Hedge fund Paulson & Co raises bet on Cadbury

November 11, 2009 : Permalink

Reuters – Hedge fund firm Paulson & Co, which earned billions with savvy bets during the credit crisis, has doubled its stake in candy maker Cadbury Plc, according to a regulatory filing released on Tuesday. The New York-based hedge fund […]

Talk of Harbinger stake in African Minerals

August 20, 2009 : Permalink

Telegraph.co.uk – The chatter was that Harbinger, a powerful US hedge fund run by Philip Falcone, has built a small stake in African Minerals and has been talking to London brokers in recent days about picking up more stock. Harbinger […]

Man Group sells remaining MF Global stake

August 14, 2009 : Permalink

Forbes – British hedge fund manager Man Group on Friday said it had agreed to sell its remaining stake in futures and options broker MF Global to Japanese bank Nomura. Man, the world’s biggest listed hedge fund manager, said it […]

Dealing With Phibro: The Best Choice for Citigroup

August 10, 2009 : Permalink

New York Times Blogs – Selling a controlling stake in Phibro won’t cut it for Citigroup, Breakingviews writes. Sure, it would probably quell some of the uproar around the flashpoint that put Citi’s full ownership of Phibro, a commodities trading […]

Hedge Fund’s Bid for Sotheby’s Shares

June 23, 2009 : Permalink

Barron – Shares of auctioneer Sotheby’s have rebounded on hopes for a recovery in the art market, although the economic picture is still difficult to frame. However, although investors have bid up the shares in recent months, the stock still has […]

CIC Said to Invest $500 Million in Hedge Funds, Blackstone

June 19, 2009 : Permalink

Bloomberg – China Investment Corp., the nation’s $200 billion sovereign wealth fund, may invest as much as $500 million in hedge funds including those run by Blackstone Group LP, said two people familiar with the matter. CIC aims to allocate […]

Barclays and BlackRock: Passive-Aggressive

June 15, 2009 : Permalink

Barrons – A big question surrounding BlackRock’s $13.5 billion purchase of Barclays Global Investors, including its iShares exchange-traded-funds business, is how effectively a passive management group can work with an active one. The combined firm will have more than 9,000 […]

Hedge fund group Man climbs on talk of MF Global stake sale

June 12, 2009 : Permalink

The Guardian – Hedge fund manager Man has moved to the top of the FTSE 100 risers, as traders heard talk it may dispose of its remaining stake in broker MF Global. Man spun off the brokerage in July 2007 […]

Flower Exporter Karuturi Raises Rs 290 Cr From FIIs, Promoter

June 8, 2009 : Permalink

VC Circle – Flower exporter Karuturi Global is raising Rs 290 crore from its promoter Ramakrishna Karuturi and a consortium of foreign institutional investors (FIIs). Both promoter and FIIs are together subscribing 241.5 million warrants of Rs 12 each, which […]

Barclays in talks with BlackRock on BGI sale

June 8, 2009 : Permalink

Financial Post – Barclays PLC, the U.K.’s third-largest bank, is in talks with BlackRock Inc. and other bidders to sell its asset management division for more than US$10-billion. BlackRock, the world’s biggest publicly traded asset manager, is the leading contender […]

Sports Direct sells JJB stake

May 28, 2009 : Permalink

Belfast Telegraph – Mike Ashley’s Sports Direct International has offloaded its 4.8% directly-owned stake in struggling rival JJB Sports, it was revealed today. Speculation was mounting over the identity of the buyer after the Sports World parent sold 11.9 million […]

Russian firm buys stake in Facebook

May 27, 2009 : Permalink

Businessandleadership.com – Just a year and a half after Microsoft paid US$240m for a 1.6pc stake in social-networking player Facebook, a Russian technology investor has paid US$200m for a 1.9pc stake in the company. The Microsoft investment in September 2007 […]