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PRESS RELEASE Paris, January 31 2024,8:30 a.m.   Vodafone fails to accept revised iliad Group’s proposal to merge Italian businesses Financial release   Following Iliad’s offer...

On December 31, 2023, Chuck Royce (Trades, Portfolio)'s investment firm made a notable adjustment to its holdings in Preformed Line Products Co (NASDAQ:PLPC), a company specializing in products for energy and telecommunication networks. This transaction slightly impacted the portfolio by -0.02%, with PLPC now representing 0.45% of the firm's holdings and 6.80% of the company's shares.

Miller Value Partners, an investment management company, released its “Deep Value Select Strategy” fourth-quarter 2023 investor letter. A copy of the same can be downloaded here.

In a turnaround on Friday, the Sensex snapped its three-day losing streak, propelled by a buy on dips approach and positive global cues. Earlier in the week, Indian benchmark indices fell sharply, primarily influenced by HDFC Banks lack lustre quarterly results. On Wednesday, Sensex plummeted 1,628 points, while NSE Nifty plunged 460 points or 2.09% to close at 21,572. This was the the most significant percentage drop in the last 18 months.

On Tuesday, 1287 stocks advanced, 2570 declined and 72 remained unchanged, with an advance decline ratio of 0.50 on the Bombay Stock Exchange (BSE), indicating negative closing of stocks in broader markets.

TCPL will acquire 75% of Capital Foods upfront and the remaining 25% over the next three years. Invus Group and US private equity group General Atlantic will divest their respective 40% and 35% stakes. Invus is a European family office and investment arm. ET was the first to report both acquisitions in its January 12 edition.

Gregory Price has been selected as chief operating officer of Akira Technologies, bringing more than 25 years of career experience to the company. In his new position, Price will help drive expansion and optimize operations for Akira, the Washington, D.C.-headquartered small business shared with ExecutiveBiz in an email sent Thursday.

Capital Foods acquisition will enable TCPL to expand its product portfolio and further strengthen its pantry platform. "There are significant synergy benefits with the existing businesses of Tata Consumer Products in areas spanning distribution, logistics, exports and overheads," it said.

EUR 10 Million Acquisition Strengthens Noatum Terminals’ Position as a Leading Multipurpose Port Operator in the Western Mediterranean Region.

ACC Limited, subsidiary of Ambuja Cements Limited and a leading entity in the cement and building materials sector, currently holds 45 per cent stake in Asian Concretes and Cements Private Limited (ACCPL).