Activist value investor Peter Gyllenhammar has more than doubled his stake in Nighthawk Energy by converting a loan note into equity.
Gyllenhammar, a Swedish investor renowned for spotting undervalued companies, now holds 10.9% of AIM-listed Nighthawk, a US-focused shale oil development and production company. The transaction takes his stake from 42.7m shares to 99.7m.
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Smart meter rules shake-up: why providers may be forced to pay you compensation over poor service and installationConsumers facing delays or faults with their smart meter could find it easier to claim compensation as Ofgem lays out new rules to improve standards.
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Grenada: A Caribbean paradise, with a touch of spiceWhile most people may not think of Grenada when visiting the Caribbean, it is in fact the perfect stop for an unforgettable getaway with superb beaches, entertainment and food like no other, says Kalpana Fitzpatrick
