Sentences with phrase «dividends in takeovers»
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.
http://www.afr.com/ Not exact matches
• Akzo Nobel (ENXTAM: AKZA) outlined a plan to fend off a takeover from PPG Industries (NYSE: PPG), in which it will spin off its chemical business and pay shareholders $ 1.6 billion ($ 1.7 billion) in extra dividends.
They're hoping the investment in multi-million dollar contracts, like say the $ 100 million to Jerry Seinfeld for a full - series of Comedians in Cars Getting Coffee or the cool $ 40 million paid to Chris Rock for 2 specials, will return dividends in their entertainment media takeover.
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.
Saputo, which owns 16.9 per cent of WCB, was compelled to change its offer this week after the Takeovers Panel ruled it had misled shareholders in relation to the franking value of two WCB dividends under a previous offer.
As an equity investor you may be interested in the long - term capital appreciation, earnings growth, dividends or future takeover prospects of a company and this determines how you analyze your prospective investment.