Saturday, 27 November 2021

Tag Archives: shareholders

Pfizer in talks to merge off-patent drugs business

NEW YORK: Pfizer Inc is in talks to merge its off-patent drugs business with Mylan NV in a stock deal, according to a source familiar with the matter. Mylan shareholders would receive a little more than 40% of the newly formed entity, with Pfizer shareholders receiving the remainder, the person ...

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Tesco shareholders compensation scheme opens

LONDON: Around 10,000 shareholders of FTSE 100 supermarket giant Tesco can begin claiming compensation from today (23 August). The compensation is for shareholders who suffered as a result of Tesco miss-stating it’s annual accounts in 2014. On 29 August 2014 Tesco issued a trading update regarding its likely profit for ...

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Shareholders settle multimillion-pound claim against RBS

LONDON: Shareholders who brought a multimillion-pound High Court action against Royal Bank of Scotland (RBS) have settled their claim against the lender, sources have said. The RBS Shareholder Action Group, which brought the £700 million lawsuit and represents 9,000 retail investors and 18 institutions, is understood to have informed the judge that ...

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Samsung Electronics considers split as investor pressure builds

LONDON: Tech giant Samsung Electronics Co Ltd (005930.KS), under pressure from shareholders to improve investor returns, said on Tuesday it will consider creating a holding company in what would be the biggest shake-up in its 47-year history. The move and a plan to raise dividends come after U.S. hedge fund ...

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