BN 08/03 16:20 *VALUEACT SAID TO AMASS LESS THAN 5% IN SMITHS
BFW 08/03 16:20 *VALUEACT SAID TO BUY STAKE IN U.K.-BASED SMITHS GROUP
BFW 08/03 16:20 *VALUEACT SAID TO BUY STAKE IN U.K.-BASED SMITHS GROUP
ValueAct Said to Buy Smiths Stake, Warming to U.K. Industrials
2015-08-03 16:22:12.557 GMT
By Beth Jinks and Aaron Kirchfeld
(Bloomberg) -- ValueAct Capital Management has amassed less
than 5% of British engineering company Smiths Group, people
familiar say.
* Holding is too small to trigger mandatory disclosures,
Smiths not yet core active target: person familiar
* ValueAct would sell the position if it decides against a
longer-term campaign for changes that may benefit
shareholders
* NOTE: Rolls-Royce said Friday ValueAct has become biggest
investor w/ 5.44%
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For Related News and Information:
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To contact the reporter on this story:
Andrea Snyder in Washington at +1-202-624-1831 or
asnyder5@bloomberg.net
To contact the editors responsible for this story:
Andrea Snyder at +1-202-624-1831 or
asnyder5@bloomberg.net
2015-08-03 16:22:12.557 GMT
By Beth Jinks and Aaron Kirchfeld
(Bloomberg) -- ValueAct Capital Management has amassed less
than 5% of British engineering company Smiths Group, people
familiar say.
* Holding is too small to trigger mandatory disclosures,
Smiths not yet core active target: person familiar
* ValueAct would sell the position if it decides against a
longer-term campaign for changes that may benefit
shareholders
* NOTE: Rolls-Royce said Friday ValueAct has become biggest
investor w/ 5.44%
Story Link:NSN NSIIL96JIJUZ<GO>
For Related News and Information:
First Word scrolling panel: FIRST<GO>
First Word newswire: NH BFW<GO>
To contact the reporter on this story:
Andrea Snyder in Washington at +1-202-624-1831 or
asnyder5@bloomberg.net
To contact the editors responsible for this story:
Andrea Snyder at +1-202-624-1831 or
asnyder5@bloomberg.net