Sentences with phrase «increased takeover offer»
Norton Gold Fields is poised to succeed in its Bullabulling Gold takeover bid after the Perth explorer begrudgingly accepted the increased takeover offer of 8 cents per share.
https://www.businessnews.com.au/
Nedlands - based explorer Bullabulling Gold has advised its shareholders to reject Norton Gold Fields» increased takeover offer of 8 cents per share to obtain a 30 per cent interest in the company.
Not exact matches
Metals X looks set to succeed in its long - running battle for control of Aditya Birla Minerals, with the takeover target recommending shareholders accept an increased offer that values the company at about $ 103 million.
The board of Treasury Wine Estates is demanding private equity suitors Kohlberg Kravis Roberts and its junior partner Rhone Capital accelerate their due diligence process to minimise disruption as the maker of Penfolds weighs an increased $ 3.4 billion takeover offer.
Saputo has increased its holding in WCB from 10.99 to 13.56 per cent, although the Australian Takeovers Panel has banned the Canadian dairy giant from processing acceptances to its offer for at least two months.
Meanwhile, Australian dairy co-operative Murray Goulburn has announced an increased all cash takeover offer for Warrnambool Cheese and Butter (WCB) of $ 9.50 cash per share.
Governor Cuomo released a state budget plan that closes a $ 2 billion dollar gap, recommends a phased in state takeover of county health care costs, and offers an ultimatum to schools to accept a teacher evaluation program or lose access to increased school funding.
Governor Cuomo released a state budget plan that closes a $ 2 billion dollar gap, recommends a phased in state takeover of county health care costs, and offers an ultimatum to schools to accept a teacher evaluation program or lose increased school funding.
Yeah, not too enamoured with Fyffes either, but I think a merger w / Total Produce wd still be worth it as it: i) shd offer 2 - 3 years of cost cuts / earnings gains, ii) increases financial firepower for acquisitions, iii) may prompt some positive newsflow / sentiment and / or be a value catalyst, and iv) cd even flush out an external takeover bid.
But a major buyback may again prove the better deal: It potentially offers significant appreciation in the market (and intrinsic) value of their own shareholdings, it increases & consolidates their ownership, but demands none of the financial risk (or cash outlay) a takeover requires!
Under the proposed deal Israeli - listed Delek Group will increase its 19 % shareholding with a cash takeover offer.