July 10, 2001
Credit Suisse Asset Has New Stakes In APW,
PRI Automation
WASHINGTON -- Credit Suisse Asset Management LLC reported an
11.29% passive stake in APW Ltd. (APW), according to a Schedule 13G
filed Tuesday with the Securities and Exchange Commission.
Credit Suisse beneficially owns 4,606,238 APW common shares.
Separately, Credit Suisse also reported owning a 13.9% stake in PRI
Automation Inc. (PRIA). The firm beneficially owns 3,318,250 PRI
common shares.
A Schedule 13G denotes a passive investment stake in a company.
Atlanta-based APW designs and makes large, complex infrastructure
products for original equipment manufacturers in the communications,
computing and Internet markets.
PRI Automation, based in Billerica, Mass., supplies factory automation
systems that combine robotic technology with software. |
