Macmahon Holdings, which recently lost its chief executive after a big earnings downgrade, has blamed a false email chain discussing a supposed
Chinese takeover offer, for a temporary trading halt today.
Not exact matches
The potential deal, while still unconfirmed, has already attracted its fair share of skeptics who doubt it will go through due to Tsinghua's low
offer price and the fact that U.S. regulators are likely to be cautious about a large
takeover by a
Chinese state - owned company.
The
takeover offer came in the wake of revelations that
Chinese hackers broke into computers at the National Research Council in 2014.
Shares in oil and gas group AWE have jumped more than 20 per cent following a $ 430 million indicative
takeover offer from a
Chinese state - owned energy corporation.
AC Milan were said to have come in with an
offer to loan the Everton star, and are also claimed to be unwilling to buy him as they struggle with their finances amidst the
takeover by
Chinese investors.
AC Milan have reportedly been
offered Jackson Martinez for free as part of the $ 700m
takeover bid from
Chinese businessman Jack Ma.
The
Chinese firm will pay 33 million euros (# 29.25 million) for a majority stake in loss - making luxury textiles maker and make a mandatory
takeover offer to other shareholders.