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TFN NEWS BRIEFING: Aerospace and transportation highlights to 15:40 BST


Published :
Tue, 01 May 2007 15:57
By : Agencies
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2007-05-01 13:55:40

Michelin set to close its UK staff final-salary pension scheme

LONDON (Thomson Financial) - Tyre maker Michelin has said it will close its

final-salary pension scheme to existing members in the UK and transfer staff to

a money-purchase plan.

2007-05-01 13:53:59

DSV in five-for-one share split

COPENHAGEN (Thomson Financial) - Danish transport company DSV announced a

five-for-one share split aimed at increasing the liquidity of the company's

paper.

2007-05-01 13:34:06

Sandell Asset lifts stake in Irish Continental to 5.33 pct

LONDON (Thomson Financial) - Sandell Asset Management said it has bought

further 200,000 shares in takeover target Irish Continental PLC at 20.60 eur per

share raising its stake to 5.33 pct from 4.48 pct.

2007-05-01 11:28:48

DSV to issue bonus shares

COPENHAGEN (Thomson Financial) - Danish transport company DSV said it will

increase its number of shares to 201,500,000 from 40,300,000 through an issue of

bonus shares to improve the liquidity of the group.




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