US/DENMARK: US hedge fund Elliott buys stake in Danisco

By: Dean Best | 26 April 2011

US hedge fund Elliott Associates has bought a 4.9% stake in food ingredients group Danisco, which is the subject of a US$5.8bn takeover bid from chemicals giant DuPont.

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US hedge fund Elliott Associates has bought a 4.9% stake in food ingredients group Danisco, which is the subject of a US$5.8bn takeover bid from chemicals giant DuPont.

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