Lululemon athletica: Manning & Napier discloses 5.96% passive s

lululemon athletica: Manning & Napier discloses 5.96% passive stake in 13G filing; Manning & Napier also disclosed passive stakes in JOY, EVTC, BTU, 

Manning and Napier also disclosed:
  • 6.06% passive stake in Joy Global (JOY)
  • 8.53% passive stake in EVERTEC (EVTC)
  • 11.97% passive stake in Peabody Energy (BTU)
  • 5.76% passive stake in Popular (BPOP)
  • 5.58% passive stake in Shutterfly (SFLY)
  • 8.67% passive stake in Sinclair Broadcast Group (SBGI)
  • 5.15% passive stake in Verifone Systems (PAY)

(BFW) *SAINT-GOBAIN HAS `NO INTENTION' OF BIDDING FOR REST OF SIKA

BFW 01/16 16:41 *SAINT-GOBAIN SAYS WON'T CONTRIBUTE MORTAR BUSINESS TO SIKA
BN 01/16 16:40 *SAINT-GOBAIN SAYS SIKA WILL KEEP HEADQUARTERS IN BAAR
BFW 01/16 16:39 *SAINT-GOBAIN SAYS SIKA TO REMAIN LISTED ON SWISS STOCK EXCHANGE
BFW 01/16 16:39 *SAINT-GOBAIN HAS COMPLETE CONFIDENCE IN LOCAL MANAGERS, TEAMS
BN 01/16 16:38 *SAINT-GOBAIN SEES SYNERGIES COMING FROM COMPLEMENTARY MARKETS
BFW 01/16 16:37 *SAINT-GOBAIN, SIKA TO SET UP JOINT TEAMS TO DETERMINE SYNERGIES
BFW 01/16 16:37 *SAINT-GOBAIN SEES EU150-180M A YEAR IN SYNERGIES FROM SIKA
BFW 01/16 16:36 *SAINT-GOBAIN PRESENTED PROPOSALS FOR SIKA STRATEGY TO BOARD
BN 01/16 16:35 *SAINT-GOBAIN, SIKA MANAGEMENT MET IN ZURICH TODAY
*SAINT-GOBAIN HAS `NO INTENTION' OF BIDDING FOR REST OF SIKA
2015-01-16 16:41:02.673 GMT

--STEVE RHINDS

-0- Jan/16/2015 16:41 GMT

(BFW) Afren Getting Seplat Bid on Monday Has Low Likelihood: Oriel

Afren Getting Seplat Bid on Monday Has Low Likelihood: Oriel
2015-01-16 16:06:46.418 GMT


By Benjamin Dow
(Bloomberg) -- Afren stock’s large gain yesterday on news
of Seplat’s new debt facility suggests that equity investors see
good signal that acquisition will proceed, Oriel says in note;
“interestingly,” investors in Afren’s 2020 note pushed the
value down 22%
* Calls divergence in valuations “interesting,” says doesn’t
have “good explanation”
* Maintains sell rating, PT 38p on Afren
* Maintains sell rating, PT 38p on Afren</li></ul>
* Afren pares gains after rising as much as 23% earlier on
volume 5x that of 3-month daily average; weekly loss of 26%,
worst on closing basis since week of OPEC meeting at end-
Nov.
* NOTE: See yesterday’s story on Seplat debt


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To contact the reporter on this story:
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bdow2@bloomberg.net
James Ludden

(BFW) KPN Wouldn’t Fit Deutsche Telekom’s Strategy: Landesbank

KPN Wouldn’t Fit Deutsche Telekom’s Strategy: Landesbank
2015-01-16 15:05:34.679 GMT


By Sam Chambers
(Bloomberg) -- Deutsche Telekom will be more likely to
diversify its business model through acquisitions in growing
mkts such as eastern Europe, Bayerische Landesbank analyst Amir
Darabi says.
* Landesbank: if DT acquired KPN, it would have to sell KPN’s
20.5% stake in Telefonica Deutschland
* Unlikely that DT would want to acquire a co. with strong
political influences
* Deal would be unlikely to receive regulatory approval
* Deal would be unlikely to receive regulatory approval</li></ul>
* KPN shrs up as much as 5.2% today after Reuters reported DT
may revive its prior interest in bidding for the co. once it
has finalized sale of EE
* NOTE: In 3Q, KPN had 50% share of Dutch wireless subscriber
mkt and DT had a 20% share: Bloomberg Intelligence data
* In Feb, Deutsche Telekom acquired T-Mobile Czech Republic
for EU828m

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To contact the reporter on this story:
Sam Chambers in London at +44-20-3525-2021 or
schambers7@bloomberg.net
To contact the editor responsible for this story:
James Ludden at +44-20-3525-2645 or
jludden@bloomberg.net