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Cevian increases ABB stake to 5.1 percent

( June 25, 2015, 11:00 GMT | Official Statement) -- MLex Summary: Activist hedge fund Cevian Capital has boosted its stake in Swiss engineering company ABB to 5.1 percent, according to a filing today on website of the SIX Swiss Exchange. Date       25.06.2015 Issuer       ABB Ltd Beneficial owner / persons that can exercise the voting rights at their own discretion Lars Foerberg, Rueschlikon, Switzerland Christer Gardell, Saltsjoebaden, Sweden Goeran Casserloev, St Helier, Jersey Paine&Partners Capital Fund III GP Ltd, 190 Elgin Avenue, George Town, Grand Cayman KY1-9005, Cayman Islands Direct Shareholder Cevian Capital II Master Fund LP, 89 Nexus Way, Camana Bay, Grand Cayman, Cayman Islands Cevian Capital II Co-Investment Fund LP, 89 Nexus Way, Camana Bay, Grand Cayman, Cayman Islands Remarks The shares are directly held by Cevian Capital II Master Fund LP and Cevian Capital II Co-Investment Fund LP, both c/o Elian Fiduciary Services (Cayman) Limited, 89 Nexus Way, Camana Bay, Grand Cayman, Cayman Islands....

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