Braas Monier Building Group Sa : Board served with a preliminary injunction of tribunal d'arrondissement of Luxembourg . Preliminary injunction suspends resolution of of 29 nov 2016, co decided that it would issue 3.9 million new shares from capital increase . Preliminary injunction passed upon application of Marsella Holdings,bidder in takeover offer for shares in co and unit of Standard Industries . Braas Monier believes that the preliminary injunction is without foundation .First time that co has been informed about application for injunction and braas monier has not yet had an opportunity to state its case.
Forbo Holding AG : Appointed Urs Uehlinger as new Chief Financial Officer and member of Forbo Group executive board .New CFO to take up his new appointment in spring of 2017.
Appaloosa LP: Appaloosa LP dissolves share stake in Ingersoll-Rand Plc - SEC filing . Appaloosa LP dissolves share stake in PPG Industries Inc . Appaloosa LP cuts share stake in Owens Corning by 11.5 percent to 3.0 million shares .Appaloosa LP - change in holdings are as of September 30, 2016 and compared with the previous quarter ended as of June 30, 2016.