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Uniper says needs more answers from suitor Fortum

Germany’s Uniper on Thursday said its suitor, Finnish utility Fortum, has yet to address a range of questions about its intentions in ongoing takeover talks to get management support for any deal. “These open points include, among others, the substantiation of commitments towards Uniper’s employees, the future business operations, Uniper’s strategy and financial stability, including maintaining its solid credit rating, outstanding regulatory clearances in Russia, as well as envisaged changes in the composition of Uniper’s supervisory board,” Uniper said in a statement. Fortum is set to gain control of Uniper by acquiring the shares of activist funds Elliott …read more […]

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Hedge Funds Are Selling Keurig Dr Pepper Inc. (KDP)

We at Insider Monkey have gone over 730 13F filings that hedge funds and prominent investors are required to file by the SEC The 13F filings show the funds’ and investors’ portfolio positions as of June 28th. In this article, we look at what those funds think of Keurig Dr Pepper Inc. (NYSE:KDP) based on […] …read more […]