Activist Third Point Builds Indra Stake, Urges Board to Buy EM&E

Third Point LLC has taken a stake in Spanish technology and defense company Indra Sistemas SA and is throwing its support behind Chairman Ángel Escribano’s plan to buy a smaller...

By Rodrigo Orihuela, Clara Hernanz Lizarraga · Bloomberg Markets

Third Point LLC has taken a stake in Spanish technology and defense company Indra Sistemas SA and is throwing its support behind Chairman Ángel Escribano’s plan to buy a smaller rival.