Sentences with phrase «in takeovers in»

Not exact matches

GREG Evans has got off to a flying start in his new role as KPMG's global leader of mining M&A, with one of the firm's major clients announcing its first takeover bid last week.

In reality most government conditions imposed on foreign takeovers run for about three years.

In 2015, less than a year after retiring as CEO of convenience store giant Alimentation Couche - Tard, the executive chairman, along with his three co-founders, put forward a resolution to extend their time - limited voting control — the group holds 22 % of the company's equity — to ward off any future takeover attempts.

The run of mining companies turning to the technology sector is far from over with another reverse takeover in the works.

SPECIAL REPORT: The mergers and acquisitions market was eventful in the March quarter, with Chinese and private equity investors to the fore, multiple WA businesses on the block, and a surprise advisory switch on a key takeover.

«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.

Back in 2005 the China Offshore Oil Company, or CNOOC, got burned when U.S. lawmakers made noises to block its US$ 18.5 - billion takeover of integrated Unocal Oil Company, eventually bought by Chevron.

Although it has previously invested in several chip companies, this is Alibaba's first takeover in the chip business.

Cramer was also burned on Pfizer's aborted takeover bid for drug company Allergan, which had an overseas taxation rate that would allow the company to pay lower taxes than if it were based in the U.S.

ASG Group's takeover negotiations with potential suitors mark a trend of merger and acquisition activity in Western Australia's IT and communications sector.

In the past five years, however, several high - profile takeovers proposed by foreigners were spurned.

Programmed Maintenance Services» $ 424 million takeover of its larger competitor Skilled Group is a step closer to fruition, after Skilled shareholders voted in favour of the scheme of arrangement today.

Through the deal, Ten's biggest creditor has thwarted a takeover by a consortium led by Lachlan Murdoch — co-chair of CBS rival and fellow Ten creditor News Corp (nwsa)-- that was widely expected after Ten entered administration in June.

The top performing European stocks in 2018 are takeover plays such as biotech firm Ablynx, which is being taken over by Sanofi; NEX Group, thanks to an approach from CME Group; GKN, after Melrose has fought to acquire it; Smurfit Kappa, after an unsolicited approach from International Paper; and Ocado as it inks international deals.

SPECIAL REPORT: Corporate advisory firm Argonaut had a lead role in two of the most hotly contested takeover battles in WA in recent times.

Qualcomm's takeover of rival chip firm NXP Semiconductors may have hit a snag in China.

The British government said on Thursday it would refer Rupert Murdoch's planned takeover of European pay - TV group Sky to regulators to decide if the deal was in the public interest.

According to the Wall Street Journal, Facebook offered Snapchat US$ 3 billion for a takeover in late November.

Bond trader Cantor Fitzgerald is combining its electronic brokerage eSpeed, which has been a takeover target, with its BGC Partners inter-dealer broker into a new publicly listed company in a $ 1.3 billion deal.

PODCAST: In this Business News podcast Mark Beyer, Matt Mckenzie, and Tori Wilson discuss Synergy and renewable energy, the Atlas Iron takeover, live sheep exports, Bill Shorten's Perth visit, a new report on Kwinana, and the debate over training and apprenticeships.

But: a) This doesn't mean the regulator will definitely nix the takeover; and b) This does, of course, come in the context of a U.S. - China trade spat, and the U.S.'s decision earlier this week to ban China's ZTE from buying U.S. tech for seven years.

The takeover, valued at $ 8 billion including debt, has been broadly welcomed in a sport featuring famous car brands such as Ferrari, McLaren and world champions Mercedes, and which has the Monaco Grand Prix as its jewel in the crown.

The aggregated value of cash only takeovers so far in 2018 has risen by 33 percent year - on - year while the value of deals using cash and stock has risen by 221 percent, as companies look to exploit their buoyant share valuations.

The U.S. Securities and Exchange Commission began investigating reverse takeovers last year, in fact.

He also has short positions in a range of Chinese companies that have gone public through reverse takeovers in the U.S. «Almost all of them have odd - looking financial statements,» he told Bloomberg Television recently.

In October, Toronto - based LifeLabs Medical Laboratory Services closed a deal to swallow rival CML Healthcare Inc. in a friendly $ 1.2 - billion takeoveIn October, Toronto - based LifeLabs Medical Laboratory Services closed a deal to swallow rival CML Healthcare Inc. in a friendly $ 1.2 - billion takeovein a friendly $ 1.2 - billion takeover.

In 1995, the pension plan had co-funded the McCains» takeover bid for Maple Leaf Foods from British company Hillsdown PLC, and held a 35 % stake since then.

Also in the U.K., Reckitt Benckiser, the British consumer goods firm, is looking at a possible sale of its foods business to support its $ 16.6 billion takeover of baby food maker Mead Johnson.

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.

Magnetar's tactic of filing lawsuits challenging takeover valuations in order to make money, also known as appraisal arbitrage, has become increasing popular with hedge funds in recent years, especially in the merger litigation hotbed of Delaware.

The firm pushed investors to let them extend the agreement in 2015, expressing concern over the company's vulnerability to a takeover upon its expiry, to no avail.

In 2009 the company walked away from a half - a-billion-dollar takeover deal with Google, and later became the target of a class - action lawsuit.

In June, the company closed a US$ 3.7 - billion acquisition of Texas - based CST Brands, Couche - Tard's largest takeover to date.

And, sure enough, in November, she launched a hostile US$ 16.7 - billion takeover bid.

Shareholders will vote on a rights plan devised by management to thwart Icahn's takeover bid in Toronto on May 4.

In 2015, Alaska Airlines was the eighth largest U.S. - based airline, and the carrier is now expected to soar to fifth place with its recent takeover of Virgin America.

Icahn already raised his bid by a dollar a share in mid-April, but unless he raises it again, the rights plan will likely succeed and his takeover attempt could fizzle.

CNOOC had made a small investment in the oilpatch before and it gave us a year to share the company's interest in investing in Canada with the very people who would adjudicate on the takeover.

• 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.

The U.S. threatened to block the takeover of oil giant Unocal by the China National Offshore Oil Corp. in 2005; and when a merger created mega-miner BHP Billiton in 2001, the Australia government made sure the head office was located in Australia, not Britain.

The takeover should more than double Hitachi's rail business revenue to around 400 billion yen a year, according to an article by Japan Times, giving the company a better footing in the European market.

Formed out of a management takeover of New Insco Mines in 1970, Nuinsco has had considerable success as an exploration outfit.

When insurance companies demutualized in the 1990s, the government legislated that companies with more than $ 5 billion in capital had to be widely held, thereby preventing a majority takeover.

«We view these investments very positively because they create jobs in Germany,» said a senior German official in relation to recent Chinese takeovers.

Market volatility through the first quarter led to a 20 % decline in takeover activity versus the same period a year earlier, and now regulators are flexing their muscles to hinder transactions that have already been announced that involve reducing taxes or competition.

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 recent weeks, Rona has thwarted a hostile takeover by American home retailer Lowe's.

«Quality and «Made In Germany» brands are preferred takeover targets for Chinese companies,» a recent study by the Munich University of Technology reports.

Allergan (AGN) will report its quarterly earnings today in the shadow of a «friendly» takeover talks with U.S. rival Pfizer (PFE).

Because I'm not American, the U.S. Department of Transportation stipulated I take some of my shares in Virgin America as non-voting shares, reducing my influence over any takeover,» he wrote at the time.