03:40 PM EST - Foraco Intl. SA : announced that Pala Investments Holdings Ltd. has acquired ownership of 1.547 million common shares of Foraco, representing approximately 2.59% of the 59.743 million issued and outstanding common shares of Foraco. The average consideration was approximately $2.23 per common share. The acquisition increases Pala Investments Holdings' share ownership in Foraco to 9,028,600 common shares of Foraco, representing approximately 15.11% of the 59.743 million issued and outstanding common shares of Foraco. Foraco Intl. SA
shares T.FAR are trading up $0.15 at $1.75.
