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Berkshire takes stake in Axalta
- 7 April 2015
- Posted by: Alan Feldberg
- Category: News
Berkshire Hathaway has brought an 87 per cent stake in Axalta from controlling shareholder Carlyle Group for $560 million Warren Buffett's Berkshire is buying 20 million shares at $28 per share, a slight discount to the stock's Monday closing Berkshire Hathaway is a multinational conglomerate holding company [...] -
Terry ups Daniel Stewart stake
- 1 April 2015
- Posted by: Alan Feldberg
- Category: News
Quindell founder Rob Terry has acquired a 74% stake in Daniel Stewart, sending the brokers' shares soaring Shares in Daniel Stewart soared 750% to close at 17p, following the purchase of 3125m shares by former executive chairman of Quindell, Rob Terry The acquisition takes his number of shares to 52m, taking his [...] -
MPs question Quindell’s share dive
- 16 March 2015
- Posted by: Alan Feldberg
- Category: News
The Independent has reported that the FCA is facing mounting pressure to reveal details of its investigation into a ‘deeply worrying’ allegation of market abuse by Quindell, that left hundreds of retail investors with huge losses Vince Cable, the business secretary, and Andrew Tyrie, chairman of the Treasury [...] -
Quindell purchases final Navseeker shares
- 13 March 2015
- Posted by: Alan Feldberg
- Category: News
Quindell has today acquired the remaining 833% of Navseeker, through the purchase of 832,000 ordinary shares On 5 March 2015, Quindell announced the settlement of litigation and the associated acquisition of 1167% of Navseeker not already held by the company As part of the process to achieve full ownership of [...]