Your English writing platform
Discover LudwigExact(1)
Morgan will underwrite the offer and could therefore end up with a much increased shareholding.
Similar(59)
Meanwhile Axa increased its shareholding in Kingfisher by 3m shares to 5.05%.
Gennady Timchenko, one of Mr Putin's allies, increased his shareholding to 23% in 2009.
Bertelsmann has increased its shareholding in RTL from a third a few years ago to 90% last year, and the broadcaster is now the largest asset in the Bertelsmann empire.
Controversy over Usmanov's record has surfaced since he paid Arsenal's former vice-chairman David Dein £75m for a 14.5% stake last month, then rapidly increased his shareholding to 21%.
Laxey Partners Limited increased its shareholding to 11.64% on Wednesday.
Bus tycoon Sandy Easdale has increased his shareholding in Rangers to 4.52%.
Uzbek billionaire Alisher Usmanov has increased his shareholding in Arsenal to over 29%.
Usmanov is understood to have come on board in 2008 when he bought a stake in the fund, and since then he has increased his shareholding.
American businessman Stan Kroenke has increased his shareholding in Arsenal to more than 62% and agreed to make an offer for the rest of the club.
While some believe he may want to challenge King for control, there are others who are convinced he only increased his shareholding earlier this month to protect his interests, which centre on a retail agreement that his Sports Direct company signed with Rangers' former chief executive Charles Green.
Write better and faster with AI suggestions while staying true to your unique style.
Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com