Sentences with phrase «foreign takeover»

The transaction was the second - largest foreign takeover ever completed by a Korean company.
Rohatyn says, U.S. cities should get over their «wall of fear» of foreign takeover.
Ministers have turned down Michael Heseltine's call for the government to become more active in its handling of foreign takeover bids.
December 20 — A second - tier unheralded club in the industrial north of England with a relatively small but loyal and passionate fan base surrounded by larger rivals may not seem the most obvious target for a foreign takeover.
But GrainCorp investors missed out after the federal government knocked back a foreign takeover approach.
Media: See John Durie, «Saputo has to spill some milk to get MG in the fast lane» (The Australian, 2 March 2018), Carrie LaFrenz and Brad Thompson, «ACCC has issue with Victorian dairy plant in Saputo, Murray Goulburn deal» (AFR, 1 March 2018), Peter Hemhill and Simone Smith, «Saputo - Murray Goulburn deal: ACCC flags concerns» (The Weekly Times, 1 March 2018), Clint Jasper, «Competition watchdog raises concern over $ 1.3 b foreign takeover of Murray Goulburn» (ABC Rural, 1 March 2018), Sue Neales, «Saputo rebuffed on Murray Goulburn $ 1.3 bn bid over Koroit plant» (The Australian, 2 March 2018), Darren Gray, «Mega-milk deal sparks ACCC concern for farmers» (SMH, 1 March 2018).
Any potential foreign takeover offer for BlackBerry would face a review by Ottawa over the national security implications, said Treasury Board president Tony Clement.
«Step 3: Curtail the foreign takeover of Canadian corporations.
Take a look at Manulife, too, safe from a foreign takeover, while it is free to acquire businesses as it pleases.
Having established these protocols, successive Industry ministers rubber - stamped virtually every foreign takeover proposal brought before them.
The law firm Osler warned clients that «for the moment, it would be prudent to assume that the [foreign takeover] approval process is becoming more difficult.»
In reality most government conditions imposed on foreign takeovers run for about three years.
For more than a quarter century the federal government has approved almost all foreign takeovers of Canadian companies.
However, he cautioned that Canada's regulatory environment and rules around foreign takeovers could pose challenges.
Ottawa recently began allowing foreign takeovers of telecom companies that have a 10 per cent or less share of the market.
«There's a lot of explanations that are, to my mind, in absolutely no way linked with the recent blockages of foreign takeovers,» Brown says.
Concurrent with its ruling on CNOOC - Nexen, many expect Ottawa will issue more detailed guidance on the standards it will apply to future foreign takeovers.
Designed to screen foreign takeovers, FIRA was replaced in the 1980s with Investment Canada, whose mandate is to encourage foreign investment in the country.
In 2008, the Conference Board concluded that, on average, foreign takeovers of Canadian companies were more positive than all - Canadian deals because «product and geographic overlap of businesses is less with foreign owners.»
Either way, the impact of foreign takeovers remains open to debate.
OTTAWA — Canada's new rules on foreign takeovers by state - owned firms are scaring away needed investment, threatening oilpatch development and hurting the economy, former Conservative minister Jim Prentice warned Tuesday.
The return of the Parti Québécois to power now ensures a renewed hostility to foreign takeovers.
The process for foreign takeovers of Canadian companies, and the entry of foreign companies in specific markets has been criticized as being unclear for all participants.
Currently, more than half of the European Union's 28 member states do not have any screening mechanism in place at the national level.22 Meanwhile in in July 2017, Germany adopted an amendment to the German Foreign Trade Regulation to allow the German government to screen and ultimately block a wider range of foreign takeovers.23
Known as Cfius, the committee reviews foreign takeovers of American companies, but critics say that its scope does not include smaller deals and that it has other weak spots.
Local website Jutarnji List now states the deal is now going through and is one of the biggest foreign takeovers in the Slovenia's history.
YouGov CEO, Stephan Shakespeare, assesses how foreign takeovers can play out among the British public.
The Potash deal wasn't in any obvious way much different from the foreign takeovers that the federal government approved in the cases of Alcan, Inco, Falconbridge and Stelco.
Investors have every reason to be confused, given Harper's stance in favour of more openness to foreign takeovers during the 2008 election campaign, and the supposed influence on his policy of the Red Wilson panel, which basically dismissed fears that corporate Canada was being «hollowed out.»
It is killing the labour movement in the face of this recession and the surge in foreign takeovers.
In early March, it reached the upper end of this range, much the same level as the peak a year earlier, against a background of, inter alia, strong domestic profit results, speculation of foreign takeovers, and rising commodity prices (especially base metals).
Critics of the trade pact, including many labour unions voice concern over a number of issues, including the potential loss of manufacturing jobs and foreign takeovers of Canadian companies.
The bid for Kuka, a high - tech robotics manufacturer, sparked controversy in Germany amid fears that key technologies were falling into foreign hands at a time when China protects its own companies against foreign takeovers.
In a speech launching her campaign to become Prime Minister in July 2016, May argued in favour of an industrial policy that was able to defend important sectors from foreign takeovers.
The National Farmers Union says it has watched the negative impact of foreign takeovers in its own country, and says Australia should reject the deal offered by Archer Daniels Midland (ADM).
Britain has been remarkable among western nations for the number of foreign takeovers of its leading firms in recent years.
The Tory manifesto certainly had «somewhere» policy areas, such as proposals to increase the levy on firms employing overseas citizens, to restrict foreign takeovers, and, to support technical training for British citizens.
The chancellor warned that efforts to maintain the common agricultural policy (Cap) and the protection of domestic companies from foreign takeovers threatened the growth of the European single market.
A Labour government will prevent foreign takeovers of British companies if they are not in the national interest, it is believed.
He described the changes to investment rules as they relate to state - owned enterprises as «an incremental increase» in the uncertainty that has always surrounded foreign takeovers in Canada rather than a deal killer.
Presumably the OMERS majority ownership of Thomson Nelson has to do with Investment Canada rules which would prevent (or are supposed to prevent) foreign takeovers of Canadian owned firms.
The Michael Kors offer is part of a string of foreign takeovers generating work in the city this year as foreign buyers take advantage of the drop in the value of the pound since Britain voted to leave the EU.
Cover photo: Federal NDP Leader Alexa McDonough stages a photo op with a large for sale sign, to make a point about foreign takeovers of Canadian companies.

Not exact matches

Some equity analysts lowered ratings on Canadian companies they previously believed might be takeover targets (Talisman Energy, for example), invoking the logic that the Petronas - Progress blockage would drive foreign buyers to shop elsewhere.
At the time of the takeover the Canadian government and foreign buyer embark on a whitewashing exercise to make the deal palatable to Canadians.
The past couple of years has seen a spate of Chinese companies going public through reverse takeovers — a somewhat murky process in which a private firm purchases a shell company that already trades on a foreign exchange.
Foreign investors hit the brakes last December, shortly after the Harper government approved the Nexen and Progress deals and the prime minister warned that future takeovers in the oilsands by state - owned enterprises (SOEs) would be approved on only an exceptional basis.
Witness the new rules for takeovers by «state - owned enterprises» — companies owned by a foreign government — recently unveiled in the budget omnibus bill.
Rutila Resources and Lemur Resources have both received ticks of approval by independent experts for their respective off - market takeover offers by foreign bidders.
The federal government's recent decision to block the takeover of Potash Corp. by Australian mining company BHP Billiton has sparked much debate about which types of Canadian industries should be protected from foreign buyers.
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