Top related persons:
Top related locs:
Top related orgs:

Search resuls for: "Bilson"


2 mentions found


Evoqua shareholders will receive 0.480 Xylem shares, or about $52.89, for each one they own. That's a 29% premium to where Evoqua shares closed on Friday. Evoqua shares jumped 14% on the news, but Xylem shareholders are balking at what they see as a pricey deal. XYL 1Y mountain Xylem shares sell off in the wake of Evoqua deal That's one of problems Raymond James analyst Pavel Molchanov raised. Trading in Evoqua shares doesn't appear to indicate expectations of a competing bid surfacing, and some analysts have said they didn't expect one,.
Berkshire's stake in Occidental has now reached 20.8% after steadily increasing the bet over the past few months. In August, Berkshire received regulatory approval to purchase up to 50%, spurring speculation that it may eventually buy all of of Houston-based Occidental. Shares of Occidental retreated 18% over the past month as oil prices dropped on rising recession fears. Berkshire also holds warrants to buy another 83.9 million common shares for $5 billion, or $59.62 each. The Berkshire stake in Occidental would rise to 27.4% if it exercised those warrants.
Total: 2