Elliott's stake in DMG Mori AG falls to 0.8 pct from 15.2 pct
07/04/2016 16:06
FRANKFURT, April 7 (Reuters) - DMG Mori AG GILG.DE said on
Thursday that hedge fund Elliott's holding in the German machine
tool maker had shrunk to 0.8 percent from 15.2 percent, a day
after it said Japan's DMG Mori Co Ltd 6141.T had hiked its
stake above 75 percent.
DMG Mori AG had declined to say on Wednesday whether its
Japanese parent had bought shares from hedge fund Elliott to
boost its stake from 60.6 percent previously. urn:newsml:reuters.com:*:nL5N1792SG
(Reporting by Maria Sheahan; Editing by Victoria Bryan)
((maria.sheahan@thomsonreuters.com; +49 69 7565 1286; Reuters
Messaging: maria.sheahan.thomsonreuters.com@reuters.net))
Keywords: DMG MORI M&A/DMG MORI CO LTD ELLIOTT