Sentences with phrase «cash takeover bid»
Last week, we had earnings reports from News Corp and Rio Tinto and news that Roc Oil had received a $ 474 million, all - cash takeover bid from Fosun International and that Treasury Wine Estates had received a new buyout proposal from KKR and Rhone Capital.
http://www.afr.com/
Acceptances for Saputo's $ 9 - a-share cash takeover bid for WCB continue to flow in despite the objection.
Saputo on Monday declared its $ 9 a share cash takeover bid for WCB unconditional and offered a 20 cents sweetener if it gets control.
Tabcorp will present Tatts Group shareholders with a scrip and cash takeover bid on Wednesday morning, proposing to take full control of the wagering and lotteries company.
The tussle for control of Phoenix Gold intensified today after Zijin Mining Group struck a pre-sales agreement with one of the miner's largest shareholders, boosting its interest to 17.9 per cent ahead of announcing a cash takeover bid that values the business at $ 47 million.
Not exact matches
By: Natasha Odendaal 4th August 2016 Shareholders of Canadian firm Nordex Explosives have one month to accept a now - formal fully funded, all - cash inflated takeover bid by JSE - listed Omnia Group.
Japan's Mitsui has signed a $ 602 million cash takeover deal with AWE after the board of the oil and gas player switched its recommendation from Mineral Resources» lower bid.
Speaking after Beach completed the $ 1.585 billion takeover of Origin Energy's Lattice Energy division, the owner of 50 per cent of Waitsia, Mr Kay said Beach is «watching closely» developments at AWE, which has attracted three takeover offers and looks set to agree to a $ 602 million cash bid from Japan's Mitsui.
Takeover target Godfreys has warned of soft trading over the past few weeks, which would have caused it to technically breach a covenant, it has already received a waiver from, in a lending agreement with the 99 - year - old major shareholder who launched a cash bid for the company two weeks ago.
His bidding vehicle, Arcade Finance, is offering 32 cents a share in an all - cash, off - market takeover bid.
Canadian dairy giant Saputo has extended its $ 9 - a-share, cash takeover offer for Warrnambool Cheese & Butter as it awaits the Takeovers Panel's ruling on whether it has misled shareholders with its revised bid.
On a more lighter note [impractical too], with the global indian takeover by Indian businesshouses being the latest trend [cash being an absolute non-issue], should we not expect a bid from Tata / Mahindra for Chrysler?
The Stamford, Connecticut - based company said Friday it had received and would accept a $ 13.2 billion takeover bid from a Chinese consortium led by Anbang Insurance Group, terming it a «superior proposal» to Marriott's $ 10.8 billion cash - and - stock merger from last November.