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If it raises its stake to 20percentt, it would be allowed to consolidate the investment for earnings purposes.
Essar Energy added 8.5p to 155.3p as it said talks about a new debt facility were progressing well, and Scottish Widows - part of Lloyds Banking Group - raises its stake from 5%to6.27%7%.
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It disclosed in a Securities and Exchange Commission filing that it raised its stake in Ambac to 11.8% from 3.4%.
On Sunday, Porsche said it raised its stake in Volkswagen to 42.6percentt from 35percentt, and that it had taken options for another 31.5percentt.
More recently, it raised its stake in the Italian insurer Fondiaria.
FIDELITY INVESTMENTS CO., Boston, said it raised its stake in Yahoo, Sunnyvale, Calif., to 13percentt from 5.2percentt.
LVMH became the majority Fendi shareholder in 2001, when it raised its stake in the company to 51percentt from 25.5percentt.
In late 2014, it raised its stake in rival Rhoen Klinikum AG from 5% to 15.25%.
Earlier in the month, Fidelity Management & Research gave its stamp of approval to Ambac, disclosing in a Securities and Exchange Commission filing that it raised its stake in Ambac to 11.8% from 3.4%.
Ambac Financial Group got a boost of confidence Thursday from Fidelity Management & Research after the investment adviser said it raised its stake in the ailing bond insurer to 11.8% from 3.4%.
Earlier in the day, VW announced that it was raising its stake in Scania, a Swedish truckmaker, to 68.6percentt.
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