UPDATE 1-Activist investor Cevian ups stake in Baloise to 9.4% Adds comment from Baloise, further details ZURICH, Sept 9 (Reuters) - Activist investor Cevian Capital has increased its stake in Baloise Holding BALN.S , it said on Monday, increasing its ability to force changes at the Swiss insurer. Cevian now holds around 9.4% in Baloise, the biggest investor in the company.

Activist investor Cevian ups stake in Baloise to 9.4% ZURICH, Sept 9 (Reuters) - Activist investor Cevian Capital has increased its stake in Baloise Holding BALN.S , it said on Monday, increasing its ability to force changes at the Swiss insurer. Cevian now holds a position of around 9.4% in Baloise, becoming the biggest investor in the company. The investment is an increase from the 3.12% stake held by Cevian in Baloise revealed earlier this year .

UPDATE 1-Activist Cevian presses Swiss insurer Baloise for strategy reset, FT reports Updates with details paragraph 2 onwards Sept 9 (Reuters) - Activist investor Cevian is pressing for a strategic overhaul at Swiss insurance group Baloise BALN.S after building up a stake of more than 9% in the company, the Financial Times reported on Monday. The activist investor wants the management of the Swiss insurer to refocus on countries where it is strongest and has a high market share, and direct more

UPDATE 4-Australia's Westpac names new CEO, moving on from governance crisis Writes through with fresh current and former CEO quotes, updated shares By Byron Kaye and Adwitiya Srivastava Sept 9 (Reuters) - Westpac WBC.AX , Australia's second-largest mortgage lender by loans, promoted the head of its business and wealth unit to CEO, vowing to capitalise on improved governance while growing its business lending book.

BUZZ-India's KEC International hits record high on 14.23 bln-rupee order wins ** Shares of KEC International KECL.NS rise as much as 5.3% to a record high of 1040 rupees; last up 4.1% ** Engineering and construction co gets orders worth 14.23 bln rupees ($169.5 mln) to install transmission lines in Saudi Arabia ** KECL on track for fourth straight