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Stock Market & Financial Investment News

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April 28, 2013
14:15 EDTIVNYY, EMRInvensys may see fresh takeover bids after hedge fund stake, Sunday Times says
After a raid on its shares by American activist hedge fund, Value Act Capital, Invensys (IVNYY) may see a fresh round of takeover bids, says the Sunday Times. Emerson Electric (EMR) and France’s Schneider Electric are likely bidders for Invensys which makes software and control systems for industrial plants, power stations and home appliances, noted, the Sunday Times . Reference Link
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