Cummins engine biggest holder set standstill accord
Cummins Engine Co. reached a standstill accord with Industrial Equity (Pacific ) Ltd., formally eliminating any possibility that its biggest shareholder will boost its 14.9% stake.
Everest and Jennings appoints chairman expects to post loss
CAMARILLO, Calif. - Robert G. Sutherland, president of the North American operations of Industrial Equity (Pacific) Ltd., was appointed chairman of Everest & Jennings International Ltd.
Holder boosts Cummins stake stock up $1.875
Cummins Engine Co. said the rising number of its shares bought by acquisition minded Industrial Equity (Pacific) Ltd. still appears to be for investment pur- poses.But Wall Street didnt seem…
Profit soared in fiscal half European bent is indicated
New Zealand-based Brierley Investments Ltd. reported a profit surge and signaled it intends to invest more in European Community nations as the EC moves to unify its markets by 1992.
Brierley Concern acquires stakes in French retailers
A Hong Kong concern controlled by New Zealand financier Sir Ronald Brierley has built stakes in three Parisian department store chains in a pre-Christmas buying spree. ,Frances Societe des Bours
Industrial Equity says $11 a share bid begun for Associated Hosts
LA JOLLA, Calif.-Industrial Equity (Pacific) Ltd., a Hong Kong investment concern that owns 54.8% of Associated Hosts Inc., said it has begun a tender offer for the rest of Associated
Industrial Equity (Pacific) others boost stake in firm
Industrial Equity (Pacific), Others Boost Stake in FirmA group including Industrial Equity (Pacific) Ltd., a Hong Kong investment firm, said it raised its stake in Smith International Inc. to the…
Panel advises stockholders to reject $45 a share offer
Molokai Ranch Ltd. directors recommended that shareholders reject a $45-a- share tender offer from Industrial Equity (Pacific) Ltd. and D.S. Kennedy & Co.Molokai said the offer is inadequate
Professional investors stake of 5.35pc is held by firm
Industrial Equity (Pacific) Ltd., an investment firm controlled by New Zealand financier Ronald Brierly, said it holds a 5.35% stake in Professional Investors Insurance Group Inc.s common shares outstandng.
Molokai Island offered $38.6m by arm of Brierleys in US
LA JOLLA, Calif.-Industrial Equity (Pacific) Ltd., the U.S. investment aim of New Zealand financier Ronald Brierley, said it launched a $38.6 million, or $45-a- share tender offer for