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Strategies & Market Trends : Speculating in Takeover Targets -- Ignore unavailable to you. Want to Upgrade?


To: Bocor who wrote (3081)5/9/2012 12:16:20 PM
From: richardred  Read Replies (3) | Respond to of 7243
 
Possible guess why AVP is Up today. This ones on the COTY side


BRIEF-JAB Holdings to sell 36 mln shares in Reckitt Benckiser
Wed, 9th May 2012 17:03

LONDON, May 9 (Reuters) - Jab Holdings B.V.:

* To sell 36 million shares in Reckitt

t 4.9 percent of co's shares outstanding

* remains focused on retaining its representative on reckitt's board, with a minimum shareholding of at least 10 per cent

* Undertaken to not, for a period of 365 days, make any further disposals

from its remaining holding in Reckitt

((London Equities Newsroom; +44 20 7542 7717))

lse.co.uk