Tag: Stake
Starboard Value Activist Invests $1 Billion in Pfizer, Enlists Former Executives – Sources
Activist investor Starboard Value has made a significant investment of about $1 billion in Pfizer, a major pharmaceutical company, and is looking to bring about a change in the struggling company. Starboard has reached...
Berkshire Hathaway Reduces Bank of America Stake as Stock Surges
Berkshire Hathaway has decided to reduce its substantial stake in Bank of America for the first time in over 4½ years. The conglomerate, led by Warren Buffett, sold 33.9 million shares of the bank...
Activist Investor Starboard’s Potential Steps to Boost Match Shares
Match Group, the company behind popular dating apps like Tinder and Hinge, has caught the attention of activist investor Starboard Value. With a 6.64% ownership stake in the company, Starboard has outlined various opportunities...
Increasing Profits: Cevian’s Involvement in Smith & Nephew’s Medical Device Company
Smith & Nephew, a British medical technology company, has caught the attention of activist investor Cevian Capital. Cevian recently acquired a 5.11% stake in the company, believing that there is untapped potential for increased...
Warren Buffett Increases Stake in Occidental Petroleum, Now Nearly 29% Owned
Warren Buffett recently attended the annual Berkshire Hathaway shareholders meeting in Omaha, Nebraska, where he discussed his increased stake in Occidental Petroleum. Over the past nine trading sessions, Buffett's Berkshire Hathaway has been steadily...
Berkshire Hathaway Reduces Stake in Chinese EV Maker BYD to 6.9%
Warren Buffett, speaking during the Berkshire Hathaway Annual Shareholders Meeting in Omaha, Nebraska, has been making headlines for reducing the company's stake in Chinese EV maker BYD to 6.9%. The conglomerate, an early investor...
Roaring Kitty Increases GameStop Stake to 9 Million Shares
Keith Gill, also known as Roaring Kitty, has recently shown through a screenshot of his E-Trade portfolio on Reddit that he now holds over 9 million GameStop shares, along with $6 million in cash....
Asda-owning Issa brothers divide their empire as Zuber sells supermarket stake
Asda-owning Issa brothers divide their empire as Zuber sells supermarket stakeThe billionaire brothers, Mohsin and Zuber Issa, who are part-owners of Asda, are making changes to their business interests. Zuber Issa has decided to...
Disney and Comcast clash over Hulu valuation, raising specter of legal battle – The...
Disney and Comcast Clash Over Hulu Valuation, Raising Specter of Legal Battle - The Media LeaderNegotiations between Disney and Comcast over the future of Hulu, the popular streaming platform, have reportedly reached an impasse,...