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September 08, 2006
UK Hedge Fund Targets Stork
Centaurus Capital, a London-based hedge fund, has launched a shareholder campaign to force the Dutch engineering group Stork to break itself up. It called an extraordinary meeting for next month at Stork. Centarurus has a tie-up with fellow hedge fund Paulson & Co. Both the investors own 32.9 per cent of the voting rights in Stork. Stork has operations ranging from supplying the aerospace industry, to manufacturing poultry processes machines.
In my previous post titled "Importance of Selecting a Fund Administrator, I had mentioned about the importance of selecting a hedge fund administrator. Don’t forget to read that post.
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