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...David Cumming, chief investment officer for equities at Aviva, said on Monday: As shareholders in both Melrose and GKN, we favour Melrose’s proposed measured execution of value rather than GKN’s reactive...
...Elliott’s public endorsement for Melrose comes after David Cumming, chief investment officer at Aviva, which holds roughly 1 per cent of GKN, said he would back the turnround specialist’s bid....
...Melrose has won the public support of David Cumming, chief investment officer at Aviva, which also holds roughly 1 per cent of GKN. Aviva also owns more than 5 per cent of Melrose....
...At the same time, Melrose appears to have at least 7 per cent support, after having received an unusually high level of acceptances at an early stage of the bid and winning the backing of David Cumming,...
...Melrose has won the public support of David Cumming, chief investment officer at Aviva, which holds about 1 per cent of GKN. Aviva also owns more than 5 per cent of Melrose....
...The bidder has won the public support of David Cumming, chief investment officer at Aviva Investors, which holds more than 5 per cent of Melrose and 1.2 per cent of GKN....
...They came after mismanagement in the North American aerospace division, run by Kevin Cummings, the very man the board had chosen to succeed outgoing chief executive Nigel Stein....
...One shareholder, Aviva's David Cumming, came out on Monday to publicly voice his support for Melrose. Natixis gobbles up more M&A boutiques Natixis is on an M&A roll....
...However, Neil Cumming of Psigma Investment Management was doubtful that a cut would come so soon in the face of high consumer debt and a fragile domestic housing market....
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