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Investment house, UBS, has bought a 5.21 per cent stake in...

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    Investment house, UBS, has bought a 5.21 per cent stake in Australian apparel and footwear retailer, Colorado. It is cashing in on the group's rising share price. The stock has gained four per cent since 17 July 2006, the day before news of a takeover bid by Hong Kong-based Affinity Equity Partners broke. There are suggestions that Just Group is interested and may mount a counter-bid. ; Original article by Richard Hemming; The Australian Financial Review; 29 August 2006; page 22 Abstract by Palamedia /ABIX
 
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