Amsterdam: Dutch pension fund manager PGGM said on Tuesday Hewlett-Packard had agreed to pay $100 million to settle a class-action lawsuit relating to the company's 2011 acquisition of Autonomy, a "big data" analysis company.
PGGM alleged that HP made "false and misleading" statements about Autonomy's value and the reasons for its "poor performance" after HP's $11 billion acquisition of the company.
18:05 DP World, Quebec's Caisse to create C$5 billion investment vehicle17
16:38 Swift Energy completes $40 million sale of Louisiana asset10
03:00 Carrier incentives stir debate over 'rewarding' offshoring14
21:23 Princess Cruises to pay record-breaking criminal fine for ocean pollution16