Ex-Porsche SE Chief Financial Officer Holger Haerter’s lawyer attacked claims that a March 2009 e-mail to BNP Paribas SA’s central credit committee may have influenced the bank’s decision to back part of a 10 billion-euro ($12.9 billion) loan.
Southeastern Asset Management Inc., the money manager that is the largest outside investor of Dell Inc., said it exercised 25 million call options in the computer maker, giving it more shares to vote in the upcoming fight over the company’s future.
Elliott Management Corp. took a significant stake in NetApp Inc., pressing the data-storage company to change its board and study options to boost shareholder value, people familiar with the situation said.
Arrowgrass Capital Partners LLP is opposing Freeport-McMoRan Copper & Gold Inc.’s takeover of Plains Exploration & Production Co. after amassing a stake in the energy company, according to a person with direct knowledge of the matter.
Traders are buying the largest amount of bearish options on Hindustan Unilever Ltd. in three months to hedge against declines in a stock that surged 17 percent following a Unilever Plc offer to raise its stake.