|Day's Range||572.67 - 578.68|
|52 Week Range||547.95 - 777.45|
|PE Ratio (TTM)||-31.42|
|Dividend & Yield||13.07 (2.29%)|
|1y Target Est||N/A|
Tembec Inc's largest shareholder, Oaktree Capital Management LP, asked other shareholders to reject Rayonier Advanced Materials Inc's deal to buy the Canadian paper and cellulose pulp maker, saying it was a "flawed" sale process. Oaktree, which owns a 19.9 percent stake in Tembec, said on Monday there is a significant value gap between Rayonier's offer price and the "real value" of Tembec. Rayonier, which makes high-value cellulose specialties fibers, said in May it would buy Tembec for $807 million to expand into packaging and forest products.
Bob Diamond, co-founder of Atlas Mara, on Friday welcomed the strong backing from investors to sell more than a third of the African banking investment vehicle to Canada's Fairfax Financial. "This ...
India's ICICI Lombard General Insurance Co Ltd has filed for an initial public offering (IPO) of shares in what would be the first IPO by a non-life insurance company in Asia's third-largest economy. ICICI Lombard's two main shareholders - ICICI Bank Ltd and Fairfax Financial Holdings Ltd - will sell a combined 19 percent stake in the insurer in the IPO, according to the filing released on Friday.