Prior to the recently passed bailout of the U.S. auto industry, lingering in the background were discussions of the possibility of Chinese companies making
bids for the assets of the embattled Big Three American automakers.
Trying to guess where market players will raise
their bids for assets in secondary trading is difficult.
I would suggest that
the bid for these assets is either lower than expected or non-existent other than a pennies on the dollar «option value» bid.
The company has expressed interest in
bidding for some assets of Freedom Communications, the bankrupt publisher of the Orange County Register and several other California newspapers and magazines.
Of course, it's not straightforward: many of the patents Microsoft lays claim to come from a package of intellectual property purchased in a $ 4.5 - billion group
bid for assets sold when Nortel collapsed (which means they are jointly owned with the others involved in the sale, including: Apple, Microsoft, Blackberry, Ericsson, and Sony).
Let Toyota, Honda, Daimler, Renault, Hyundai, Magna, Kirk Kerkorian (dreamer), etc.,
bid for the assets in bankruptcy.
Simon Property Group and General Growth Properties joined a consortium of other retail industry players to place a winning
bid for the assets of bankrupt teen apparel chain A...
Not exact matches
David Zaslav, Discovery CEO, talks Comcast's
bid for Sky and why investing in European media
assets has paid off.
The main focus of acquisitions will be early - stage
assets that can add to the pipeline of experimental drugs, Walmsley said, adding she was not interested in entering a $ 64 billion
bidding war with Takeda Pharmaceutical
for Shire.
Timber company Gunns has put itself into the bidder's circle
for Great Southern's
assets, a day after it lost its
bid for Timbercorp's forestry
assets to a US - based company.
Comcast said it had abandoned its
bid for most of the
assets of Rupert Murdoch's Twenty - First Century Fox.
In July last year, when CIR was known as
Asset Backed Holdings, it launched an off - market
bid for the shares it did not already own in PRL at $ 3 cash a share.
U.S. telecommunications rivals Verizon Communications Inc. and AT&T Inc. are set to go through to the third and final round of
bidding in the auction
for Yahoo Inc.'s core internet
assets, according to people familiar with the matter.
Comcast said on Monday it had abandoned its
bid for most of the
assets of Rupert Murdoch's Twenty - First Century Fox, leaving Walt Disney as the sole suitor in pursuit of the $ 40 billion - plus deal.
HOUSTON, March 8 Royal Dutch Shell Plc and U.S. private equity firm Blackstone Group LP are working on a joint $ 10 billion
bid for BHP Billiton Plc's U.S. shale
assets, Sky News said on Thursday.
They'll formally name the number they'll pay
for Freedom's newspaper
assets — and its real estate — after a creditors» committee defines the
bidding process.
It said it was willing to offer the Commission significant remedies to ease any antitrust concerns and had already received indicative
bids from several interested parties
for assets that could be divested.
Rupert Murdoch's Twenty - First Century Fox Inc, which agreed in December to sell most of its
assets to Walt Disney Co
for $ 52.4 billion, had previously rejected a
bid from Comcast Corp over concerns about the regulatory risks and its stock value, a regulatory filing on Wednesday showed.
In fact, according to a report this week, Penn West Petroleum received multiple
bids for its Viking
assets, with those
bids reportedly coming in C$ 100 million above analyst expectations.
The idea
for the group stemmed from the Washington region's 2024 Olympic
bid committee, said Russ Ramsey, chairman and CEO of Ramsey
Asset Management, a Reston, Va. - based hedge fund company.
NEW YORK (Reuters)- U.S. telecommunications rivals Verizon Communications Inc and AT&T Inc are set to go through to the third and final round of
bidding in the auction
for Yahoo Inc's core internet
assets, according to people familiar with the matter.
Over a year which has seen large banks halt funding
for fossil fuel projects, major institutions divest from oil, gas and coal holdings, and oil companies snap up power and renewables companies in a
bid to diversify their
asset base, research published today by the UK Sustainable Investment and Finance Association (UKSIF) and the Climate Change Collaboration suggests nervousness over climate risk has shot up in financial circles.
Royal Dutch Shell and Blackstone are working on a joint $ 10 billion
bid for BHP's U.S. shale
assets, Sky News reported on March 8.
However, if Fox —
for whom Sky is absolutely a strategic
asset — were to
bid, say, 15 % above the # 12 - 50 (which works out at # 14 - 30), Comcast shareholders would start asking why ownership of Sky is worth diluting their dividend flow.
Anyhow, Gannett's
bid — at an announced multiple of more than five times Tribune earnings — exceeds what Apollo has, as a rule, been willing to pay
for newspaper
assets.
HOUSTON (Reuters)- Royal Dutch Shell Plc (RDSa.L) and U.S. private equity firm Blackstone Group LP (BX.N) are working on a joint $ 10 billion
bid for BHP Billiton Plc's (BLT.L) U.S. shale
assets, Sky News said on Thursday.
These reflect
bid and ask spreads - that is, the difference between the market - maker's prices
for buying and selling an
asset, net of the cost of trading.
Beyond that, Disney has made a $ 52.4 billion
bid for a collection of 21st Century Fox's
assets, including its movie and TV studios, FX and National Geographic channels, and its 61 % stake in U.K. - based TV and Internet provider Sky.
Greg Galardi, a lawyer
for the remaining Gawker
assets, declined to comment on why Thiel's involvement would have chilled
bidding.
Over time, this suggests rising
bid - ask spreads relative to past levels
for more illiquid
assets, such as corporate bonds, to help market - makers cover their operating costs.
Peter Thiel has agreed not to
bid on the
assets of bankrupt Gawker Media LLC in exchange
for the web publisher's promise to end an investigation into the tech billionaire.
During trading, subjects could see all outstanding
bids and asks in the market, all concluded transaction prices
for that period, their current cash and
asset holdings, and a plot of average transaction prices in every past period.
But Coty's stock is still up about 17 percent from before Reuters» June 8 report that it was fighting rivals such as Henkel
for P&G's beauty business and had submitted a
bid for the P&G
assets.
If there's not a single buyer that will take on both the
assets and liabilities without the government assuming private default risk, Bear's
assets should be put out
for bid, Bear's bonds should go into default, and by the unfortunate reality of how equities work, Bear's shareholders shouldn't get $ 2 - they should get nothing.
You might
bid up
asset prices, and of course
assets are not equally distributed so that has consequences
for income inequality.»
In a filing submitted to federal Bankruptcy Court last week, attorneys
for Digital First signaled the company's intention to
bid by requesting that the court push back the deadline to submit initial
bids for Freedom's
assets from Friday to Feb. 12.
U.S. District Court Judge Mark Wallace in Santa Ana on Monday approved the request by moving back the deadline
for so - called stalking - horse
bids, which set a minimum price
for a bankrupt company's
assets.
Yahoo has been conducting a prolonged auction
for those
assets since February, and final
bids were due on Monday.
Prior to joining KPMG, Lou was a Senior Vice President in Macquarie Capital (USA), Inc.'s Real Estate Private Equity team and led deal teams responsible
for bidding on companies and
assets worth approximately $ 5 billion.
They emerged as the industry consolidators, using high levels of gearing to pay mind boggling prices
for assets (in 2007, APN was the target of a
bid by a private equity consortium that was blocked by a shareholder vote at $ 6.20 per share, a decision which cost them a lot.
As long as the loans are used to
bid up property, stock and bond prices, they can claim that they are «responding to the market» by getting homeowners, commercial real estate investors, corporate raiders and financial managers to pledge their
assets as collateral
for yet new loans in a process that seems to be self - sustaining.
Increased availability and popularity of vehicles that allow
for cheap, convenient, well - diversified market exposure increases the pool of money inclined to
bid on equities as an
asset class — not only during the good times, but also when buying opportunities arise.
The comments came as final
bids for Yahoo's core
assets are due Monday.
The Weinstein Company has voluntarily filed
for bankruptcy and entered into a stalking horse
bid for the majority of its film and TV
assets with the Dallas - based private equity firm Lantern Capital..
Thiel, who
bid for Gawker's
assets on Jan. 10, also agreed to release claims against an eventual buyer and authors of articles on the website, as well as not fund new litigation against Gawker over its archives.
An advertisement announcing the
assets are
for sale shows
bids for the properties — which include 228,000 acres of land, eight producing wells and a gas processing facility — by the end of May.
With the AWE takeover, Mitsui would become operator of a gas field
for the first time, running the Waitsia gas project, a role Mitsui said would bolster its credentials to
bid on other gas
assets in Australia.
«We are prepared to
bid, and think we would be the highest and best bidder
for all the remaining
assets, including the claims,» Thiel's lawyer Anthony Clark said in court.
There has been some interest from offshore, but it is unclear if anyone is keen to
bid for the entire business or just wants to pick off individual
assets.
US agribusiness giant Archer Daniels Midland's failed $ 3 billion takeover
bid for east - coast grains handler GrainCorp and the $ 500 million plus takeover battle
for Victoria's Warrnambool Cheese & Butter have underscored the red - hot demand
for Australian agriculture
assets.