Loeb's Third Point hedge fund targeting Nestle for strategic changes- Bloomberg
June 25 Nestle SA, is being targeted by activist investor Daniel Loeb's hedge fund Third Point LLC, Bloomberg reported, citing people familiar with the matter.
HONG KONG Dec 24 Hong Kong shares edged higher in half-day trade on Monday, helped by strength in the Chinese financial sector after state media reported that social security funds had allocated more money for investment.
The Hang Seng Index closed up 0.2 percent at 22,541.2. The China Enterprises Index of the top Chinese listings in Hong Kong closed up 0.4 percent.
Hong Kong financial markets shut at midday on Monday for the Christmas holiday and will resume trading on Thursday.
PARIS, June 25 Carmila, the property unit of Europe's largest retailer Carrefour, announced on Sunday a capital increase of 557 million euros ($623.5 million) to fund its future expansion.