Ron Burgundy Posted February 15, 2016 Share Posted February 15, 2016 U.S. investment fund Elliott said on Monday it still considers Hitachi's revised offer to buy out minority shareholders in Italian train signaling group Ansaldo STS too low and does not plan to tender its stake. Hitachi was forced by Italian market watchdog Consob to raise its mandatory public tender offer on the company's minorities to 9.899 euros per share from 9.5 euros per share. It launched the bid last month after buying 40 percent of Ansaldo STS from defense group Finmeccanica . View the full article Quote Link to comment Share on other sites More sharing options...
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