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US fund Pershing Square launches takeover bid for Universal Music
AFP, Published on 07/04/2026
» PARIS — American hedge fund Pershing Square, led by the activist investor Bill Ackman, announced Tuesday that it had offered to buy Universal Music Group in a merger, saying it believed the music giant was undervalued by stock markets.
Xerox ends merger with Fujifilm in victory for shareholders
AFP, Published on 14/05/2018
» SAN FRANCISCO - US photocopier and printer maker Xerox on Sunday announced it was terminating a merger with Fujifilm and appointing a new chief executive after entering into a settlement with activist shareholders who had contested the takeover.
Xerox ends merger with Fujifilm in victory for shareholders
AFP, Published on 14/05/2018
» SAN FRANCISCO: US photocopier and printer maker Xerox on Sunday announced it was terminating a merger with Fujifilm and appointing a new chief executive after entering into a settlement with activist shareholders who had contested the takeover.
Amos Genish confirmed as CEO of Telecom Italia
AFP, Published on 08/05/2018
» MILAN: Israeli Amos Genish was on Monday confirmed as chief executive officer of Telecom Italia, by the new board of directors, after US hedge fund Elliott Management won control of the company following a power struggle with French telecom giant Vivendi.
French tycoon charged in Africa corruption probe
AFP, Published on 26/04/2018
» PARIS - Billionaire French industrialist Vincent Bollore was charged Wednesday as part of a probe into allegations his company helped two African leaders win elections in return for lucrative contracts, after two days of questioning by police.