Tuesday, March 11

Tag: CCI

Stocks Slip, Pausing November Rally
28Nov By adminNo Comments
Money

Stocks Slip, Pausing November Rally

U.S. stocks inched down Monday, interrupting their November rally.  The S&P 500 declined 0.2%. The Dow Jones Industrial Average pulled back about 57 points, or 0.2%. The Nasdaq Composite edged less than 0.1% lower.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
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Elliott Renews Push for Change at Big Wireless-Tower Owner
27Nov By adminNo Comments
World

Elliott Renews Push for Change at Big Wireless-Tower Owner

Elliott Investment Management plans to push for changes at Crown Castle International after the activist failed to gain traction when it first took a stake in the big owner of wireless towers.Elliott has amassed a stake of more than $2 billion in Crown Castle, which has a market value of nearly $45 billion, and plans to engage with the company about ways to boost its shares, according to people familiar with the matter.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
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CCI approves acquisition of additional stake in Niva Bupa Health Insurance
16Nov By adminNo Comments
Business

CCI approves acquisition of additional stake in Niva Bupa Health Insurance

Fair trade regulator CCI on Thursday approved the acquisition of an additional stake in Niva Bupa Health Insurance Company by Bupa Singapore Holdings Pte. Bupa Singapore Holdings is a shareholder of Niva Bupa and a subsidiary of international healthcare group The British United Provident Association Ltd (Bupa). The transaction relates to the secondary purchase of shares by Bupa Singapore Holdings in the Niva Bupa Health Insurance Company from Fettle Tone LLP. After the transaction, the shareholding of Bupa Singapore Holdings will increase to 63 per cent in Niva Bupa Health Insurance. Niva Bupa Health Insurance provides insurance policies in India, while Fettle Tone LLP is a special purpose vehicle (SPV) set up by private equity firm True North Fund. ...
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