FRANKFURT, July 1 Active Ownership is trying to get shareholders to back its campaign to appoint new non-executive board members at generic drug company Stada , in which the activist investor has around a 7 percent stake, including options.
NEW YORK, July 1 After long considering Argentina's equities, Manning & Napier Inc portfolio manager Ben Rozin was finally motivated to buy late last year, taking a stake in agriculture company Adecoagro SA.
STOCKHOLM, July 1 Tobacco products maker Swedish Match said on Friday it had started proceedings in Britain's High Court of Justice to challenge a European Union ban on its wet snuff product snus.
SAO PAULO/BRASILIA, July 1 Estácio Participações SA said on Friday its board accepted an improved takeover bid from larger rival Kroton Educacional SA worth 5.5 billion reais ($1.7 billion), in a step toward ending a month-long battle for Brazil's No. 2 for-profit college operator.
LONDON, July 1 "Milkshake" singer Kelis has temporarily swapped her microphone for a chef's uniform to launch a pop-up restaurant in London.
MUMBAI Banks plan to take control of indebted infrastructure company Jaiprakash Associates Ltd by swapping part of its loans for equity, two banking sources with direct knowledge of the matter said on Friday.