TIAA-CREF has disclosed an 8.3% position in American Axle & Manufacturing, signaling a significant investment that could influence the company’s strategic direction. This move is noteworthy for market watchers as it highlights institutional confidence in American Axle’s future and may trigger further interest from other investors.
LONDON–(BUSINESS WIRE)– FORM 8.3 PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY A PERSON WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1% OR MORE Rule 8.3 of the Takeover Code (the “Code”) 1. KEY INFORMATION (a) Full name of discloser: TIAA-CREF Investment Management, LLC/Teachers Advisors, LLC/Nuveen Asset Management, LLC (b) Owner or controller of interests and short positions disclosed, if different from 1(a): The naming of nominee or vehicle companies is insufficient. For
Source: Original Press Release