Peltz raises stake in Tiffany & Co

mercoledì 16 gennaio 2008 15:42

Jan 16 (Reuters) - Activist billionaire investor Nelson Peltz's fund increased its stake in Tiffany & Co (TIF.N: Quotazione) to 7.9 percent from 5.54 percent.

The raise brings Trian Fund Management LP's ownership in the jeweler to 10.7 million shares, and gives it shared voting power over 10.7 million shares, according to a filing with the U.S. regulators on Wednesday. (Reporting by Shivani Singh in Bangalore)