05.05.2011 - FSI says interested in long-term Valeo strategy
France's FSI strategic investment fund is more interested in Valeo's long-term development than in short-term share moves, its head said, after another shareholder criticised the car parts maker's strategy. U.S. investor Pardus Capital Management, which was engaged in a long-running battle with Valeo's previous management, has called on the group to overhaul its strategy again to boost its valuation, and warned it to be cautious on acquisitions for now.............................................Full Article: Source
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