Sentences with phrase «formal takeover bid»

KKR and New York - based Rhone lodged a formal takeover bid for Treasury at around 5 pm on Friday, while TPG also did likewise in time to meet a secret deadline put in place by the Treasury board and its advisers from Goldman Sachs.

U.S. law would require VW to issue a formal takeover bid for Navistar once the German manufacturer raises its stake in the U.S. peer above 17 percent, VW said.

Not exact matches

Under takeover rules in the U.K., where SABMiller has its primary listing, ABI was required to make a formal offer by Wednesday evening in London, or else withdraw its interest, after having declared its intention to bid last month.

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.

AbbVie, whose offer was formally announced today (20 June), has until 18 July to make a formal bid, according to Takeover Panel rules.