TFN NEWS BRIEFING: Aerospace and transportation highlights to 15:40 BST |
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Published
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Tue, 01 May 2007 15:57 |
2007-05-01 13:55:40Michelin set to close its UK staff final-salary pension schemeLONDON (Thomson Financial) - Tyre maker Michelin has said it will close itsfinal-salary pension scheme to existing members in the UK and transfer staff toa money-purchase plan.2007-05-01 13:53:59DSV in five-for-one share splitCOPENHAGEN (Thomson Financial) - Danish transport company DSV announced afive-for-one share split aimed at increasing the liquidity of the company'spaper.2007-05-01 13:34:06Sandell Asset lifts stake in Irish Continental to 5.33 pctLONDON (Thomson Financial) - Sandell Asset Management said it has boughtfurther 200,000 shares in takeover target Irish Continental PLC at 20.60 eur pershare raising its stake to 5.33 pct from 4.48 pct.2007-05-01 11:28:48DSV to issue bonus sharesCOPENHAGEN (Thomson Financial) - Danish transport company DSV said it willincrease its number of shares to 201,500,000 from 40,300,000 through an issue ofbonus shares to improve the liquidity of the group.
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