Sentences with phrase «gkn in the takeover»

Market volatility through the first quarter led to a 20 % decline in takeover activity versus the same period a year earlier, and now regulators are flexing their muscles to hinder transactions that have already been announced that involve reducing taxes or competition.

Mineral sands miner Iluka Resources has revealed it is in takeover talks with London - listed Sierra Rutile, an Africa - focused miner with a market cap of about $ 400 million.

Shareholders attending the meeting said they were happy SoftBank had beaten Dish in the takeover battle.

WA BRICK and tile manufacturer Bristile Ltd — currently embroiled in a takeover of Wesfi — has been forecast to double its earnings in the current fiscal year by expanding interstate.

As previously reported by WA Business News, if successful in its takeover attempt, Metcash has plans to close down the Perth offices of FAL and sell the group's 81 Action supermarkets across Australia to independent retailers.

GROCERY wholesaler Metcash Trading has pledged to sell all of the Action supermarkets across Australia to independent owners should it succeed in its takeover bid for Foodland.

Wayne is a proven senior executive and lawyer with over 25 years business experience, most recently as Executive Vice-President of Kingsdale Shareholder Service, a company involved in providing strategic consulting and other services to companies involved in takeover bids and proxy fights.

Market sweeps are moderately common in takeovers.

Some of Australia's best known investors will seek a higher price from French giant Eramet before they part with all of their shares in takeover target Mineral Deposits (MDL).

Birchbox had been for sale since at least last summer, when it held discussions with Walmart and other retailers to see if there was interest in a takeover.

As one of the original «barbarians at the gate» in the takeover battles of the 1980s, KKR & Co. became an icon of the private equity industry's bare - knuckle approach to business.

On Nov. 16, the U.S. Justice Department's new antitrust chief, Makan Delrahim, said in a speech that he favored divestitures rather than behavioral remedies to address antitrust concerns in takeover situations.

Waitsia has become the prize in the takeover tussle around AWE, with all three of the mid-cap producer's suitors drawn to the large, relatively low - cost gas resource that lies close to pipeline infrastructure to the north of Perth.

Mineral Resources boss Chris Ellison refuses to concede defeat in the takeover battle for AWE, and vows to push into new commodities

Adding further intrigue to the story are suggestions that a large derivative position in AWE held by Deutsche Bank is giving Beach an ongoing interest in the takeover that goes beyond its 50 per cent stake in Waitsia.

As her prime example of what happens when traders take up raiding, Jacobs points to investment banking in the takeover era.

Through its size, evangelicalism has been able to achieve a number of political and ecclesiastical successes (such as in the role of the new Christian right in some recent elections or in the takeover of the Southern Baptist Convention).

It also scooped up Penfolds owner Southcorp in 2005 in a takeover, but struggled to manage such a big wine brand portfolio after deciding to sell beer, wine and spirits using the same sales people, a move which was later reversed after it caused chaos in the marketplace and sales plummeted.

«The board felt it was important for shareholders to understand that while we are engaging in these takeover offer discussions, should they not materialise we want people to realise that we are still focused on doing bolt - on acquisitions to deliver on our strategic road map which is to further accelerate our growth in luxury and masstige wines.»

This refers to the situation where a bidder provides a security holder involved in a takeover with a benefit that is not offered to other security holders.

Murray Goulburn complained to the Panel that Saputo's revised bid, which saw WCB take an offer of two fully - franked special dividends off the table, implied a reduction in the value of the offer and contravened the truth in takeovers provision.

Unlike the past couple of years, disappointing earnings are increasingly likely to result in takeover activity.

While Williams built his reputation on deals such as the merger of fertiliser giants Incitec and Pivot and more recently by advising Bega Cheese in the takeover battle of Warrnambool Cheese & Butter, he has dabbled in small pharma companies for years.

and Fonterra, which accounts for one fifth of the global dairy trade, is yet to show its hand in the takeover saga.

Saputo has been barred from processing acceptances for its offer after Murray Goulburn made a submission to the Takeover's Panel claiming the Montreal - based group had contravened the truth in takeovers provision.

Japan's Lion has confirmed it has bought a 9.99 per cent stake in takeover target Warrnambool Cheese & Butter Factory Company.

Wesfarmers has been concentrating on the turnaround of its supermarkets business since paying $ 19 billion for the Coles Group in late 2007 in a takeover.

The Takeovers Panel has asked for public submissions to shape its guidance note on dividends in takeovers after being forced to intervene in Saputo's messy offer for Warrnambool.

NSW - based Bega Cheese, which owns 18.7 per cent of WCB, conceded defeat in the takeover race this week, as the bidding war pushed the takeover price from $ 320 million to $ 533 million and out of its reach.

If action is taken, it is likely to focus on director's duties and truth in takeovers provisions.

Lion boss Stuart Irvine, who was in Geelong on Monday morning to launch the nation's biggest brewer's new Little Creatures brewery, said his company's lightening purchase of a 10 per cent stake in takeover target WCB two months ago would deliver it a «seat at the table» and influence over the direction of the outcome.

Pope, along with others who stood to benefit from the Smithfield deal, dismissed the Chinese government's role in the takeover.

A day before its offer closes, Canadian dairy giant Saputo now has a near 48 per cent stake in takeover target Warrnambool Cheese and Butter Factory (WCB).

Australia's largest dairy processor, Murray Goulburn, has alleged its rival bidder, Canadian company Saputo, has contravened the «truth in takeovers» regulation, and that WCB shares have been trading on the basis of misinformation.

It's a surprising move from the Rossoneri given that they are still currently involved in takeover talks and have yet to appoint a long - term coach.

Michigan had spent most of the tourney shackling opposing scorers, but it had no effective strategy for containing DiVincenzo in takeover mode.

While Benitez had resigned himself to having minimal funds available for signings this month, he had pinned his faith in the takeover proving successful so he could land his top targets in the summer.

Fittingly, given her role in the takeover, Hiedeman finished as the game's leading scorer with 26 points.

It is not like a president is surprised by the act - the whole administration is in takeover mode for a significant time.

Cuomo says the state will phase in a takeover of all cost increases for the health care program, which would essentially freeze Medicaid rates for the counties, when fully implemented.

In 2014, the good government group EffectiveNY proposed a phased - in takeover over eight years that eventually would save Onondaga County taxpayers more than $ 100 million a year.

It is why we need changes so private equity deals are covered by TUPE so that workers are protected in takeovers.»

The Ulster County Legislature approved a budget, flow control and a phased - in takeover of Safety Net costs from the towns by better than three - to - one margins at its meeting last Tuesday night, but not without some grumbling about how County Executive Mike Hein advanced his initiatives.

The Ulster County Legislature approved a budget, flow control and a phased - in takeover of Safety Net costs from the towns

The political pressure on Democrats from a gay community that was instrumental in their takeover would be intense.

He says he's agreed to phase in a takeover of any increases in the local share of the Medicaid health care program that rise beyond 3 %, which will be worth $ 1.5 billion dollars over five years.

In 2013, when the county began a three - year phased - in takeover, the county executive expressed the hope, if not the expectation, that towns and the city would use that spending relief to lower taxes.

Labour's Jack Dromey said that a hedge fund scam was being used to avoid paying tax on shares that would determine the future of GKN in the takeover by Melrose and asked Mrs May to investigate.

He says he's agreed to phase in a takeover of any increases in the local share of the Medicaid health care program that rise beyond 3 %, which will be worth $ 1.5 billion over five years.

The bill, passed unanimously by both the state Senate and Assembly, provided for a phased - in takeover of defense costs for indigent citizens.