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Man Group PLC revealed owning significant stakes in American Axle & Spirent Communications, with no takeover intentions.
Man Group PLC has disclosed owning a 3% stake worth about $100 million in American Axle & Manufacturing Holdings, Inc., under the UK Takeover Code.
The company also has investments in derivatives related to American Axle but has no plans for a takeover.
Additionally, Man Group disclosed a 1.77% stake in Spirent Communications plc, holding around 10.2 million shares, with no plans for a takeover there either.
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Man Group PLC reveló poseer participaciones significativas en American Axle & Spirent Communications, sin intenciones de adquisición.