Sentences with phrase «of a takeover bid from»

LONDON The independent directors of pay - TV group Sky said they were withdrawing their recommendation of a takeover bid from Rupert Murdoch's Fox after U.S. cable company Comcast Corp trumped it with a 22 billion pound ($ 30.68 billion) offer.
HONG KONG (Reuters Breakingviews)- Beware any chief executive without a Plan B. Westfield boss Peter Lowy is the latest to lack one, declaring on Thursday that despite a big drop in the value of a takeover bid from Unibail - Rodamco, there is no alternative to the sale he and his mall operator agreed in December, originally worth $ 25 billion including debt.
Bitter fight for Coopers coming to a head Coopers, the South Australian brewer currently the target of a takeover bid from Lion Nathan, has called an extraordinary general meeting where shareholders... read more

Not exact matches

The takeover bid, which Qualcomm opposes, would propel the combined company into third place in terms of market share in the global semiconductor industry, as this chart from Statista indicates.
In what looks to be an astute move, Calima Energy is set to race from 20 % to outright ownership of its coveted Montney shale liquid / gas project in Canada through friendly, all - scrip takeover bids for its joint venture partners.
TDC had said in a statement late Wednesday it had turned down an indicative takeover bid from the consortium, noting «it is not in the best interest of TDC's...
COPENHAGEN / STOCKHOLM, Feb 12 - Danish telecoms operator TDC has been approached by a potential bidder for all of its shares and will withdraw from its $ 2.5 billion takeover of MTG's broadcasting and entertainment business if such a bid materializes.
Apple also reportedly considered a much larger content acquisition last year: A number of news outlets said the company made a takeover bid for content giant Time Warner, which owns HBO and CNN among other things, but the latter decided to accept an offer from telecom player AT&T instead.
Its board of directors is supporting the Loblaw takeover bid but the deal requires approval from at least two - thirds of the votes cast by QHR shareholders at a special meeting to be held in October.
While it was dealing with the regulator, Plus500 was also the subject of a lowball takeover bid from Israeli gambling software company Playtech.
WOODSIDE Petroleum may have slipped through Royal Dutch - Shell's fingertips but arguably it had already lost one of the key reasons for its takeover bid — shutting out a rival technology from Asia.
Starwood Hotels & Resorts has received a rival takeover bid worth about $ 14 billion from a group of investors led by a Chinese firm that's been quite active in buying up U.S. hotel properties, including the Waldorf - Astoria.
Cigna believes a merger with Anthem would create a health insurance powerhouse, but the Connecticut - based insurer is still rejecting a $ 53.8 billion takeover bid from its larger rival, saying the offer is not in the best interest of shareholders.
The courtesy call that wasn't — at least from Limb's perspective — announced that Eramet would imminently take an unflagged $ 269 million takeover bid to the shareholders of Mineral Deposits and that it would do so from a position of strength after acquiring rights over 13.3 per cent of its target.
Anglo - Dutch rival Unilever, which this year rebuffed a $ 143 billion takeover bid from Kraft Heinz, has set a goal of 20 percent for its underlying operating profit margin by 2020.
Carla has a law degree from the University of Turin, where she graduated summa cum laude after completing her thesis on takeover bids.
Japan's Mitsui has signed a $ 602 million cash takeover deal with AWE after the board of the oil and gas player switched its recommendation from Mineral Resources» lower bid.
Speaking after Beach completed the $ 1.585 billion takeover of Origin Energy's Lattice Energy division, the owner of 50 per cent of Waitsia, Mr Kay said Beach is «watching closely» developments at AWE, which has attracted three takeover offers and looks set to agree to a $ 602 million cash bid from Japan's Mitsui.
Takeover target Godfreys has warned of soft trading over the past few weeks, which would have caused it to technically breach a covenant, it has already received a waiver from, in a lending agreement with the 99 - year - old major shareholder who launched a cash bid for the company two weeks ago.
Tatts Group will reject the takeover offer from a consortium of big - name and will retain its backing for Tabcorp's bid.
Qualcomm has established a new severance program for non-executive employees that's triggered by a change of control as it faces a hostile takeover bid from rival Broadcom.
He says it should hand over the keys to the United States private equity firms led by KKR & Co, who've made an enhanced $ 3.4 billion takeover bid and let them fix it up, away from the spotlight of being listed on the Australian Securities Exchange.
The arrival of a takeover bid is usually welcome news for shares prices; Treasury Wine Estates stock soared 18 per cent when the company rejected a bid from KKR.
Treasury Wine Estates Rejects Kohlberg Kravis Roberts Offer: Treasury Wine Estates Ltd. rejected a 3.05 billion Australian dollar (US$ 2.85 billion) takeover bid from Kohlberg Kravis Roberts & Co., pitched as the world's No. 2 vintner grapples with a string of setbacks including poor U.S. sales that forced it destroy thousands of gallons of wine last year...
NSW - based Bega Cheese, which owns 18.7 per cent of WCB, conceded defeat in the takeover race this week, as the bidding war pushed the takeover price from $ 320 million to $ 533 million and out of its reach.
Bega pulled out of the takeover race in December, but the bidding war has pushed WCB's share price from about $ 4 to more than $ 9.
AC Milan have reportedly been offered Jackson Martinez for free as part of the $ 700m takeover bid from Chinese businessman Jack Ma.
I am a rich oil tycoon from Kazakstan, seeing the turmoil in the Arsenal board I have decided to mount a takeover bid, when appointed, I will sack Arsene Wenger who in turn will be replace by Billy Davies, who I think with the right club has the potential to be huge, we have drawn up a shortlist and have decided to purchase Turnble of Boro to replace Almunia, Bramble to replace Toure, Paul Scharner will replace Fabregas and Dean Windass for 25m to replace Adebayor these signing will be funded by the sales of Fabregas, Ade, RVP, Kolo Toure and the new captain will be Sendros!!!
The Australian Competition and Consumer Commission said the proposed deal would have removed a strong opponent for Heinz, itself the subject of a $ 23.2 billion takeover bid from Warren Buffett's Berkshire...
When Tunstall is killed by Murphy's (Jack Palance) men in a kind of frontier - style hostile takeover (Fusco, recognizing the difficulty of condensing the politics of the Santa Fe Ring for Young Guns» demographic, counts on Palance's black hat and beady stare to do his adversarial bidding), Billy becomes the de facto leader of the now - deputized Regulators (best shot, loudest mouth), leaving Sheen to pretend that his and Estevez's characters are not obviously from the same gene pool, Sutherland to romantic pursuits, Phillips to blur ethnic lines per usual as a Mexican Navajo, Mulroney to twitch, and Siemaszko to also twitch.
By the end of the year it had more than doubled on a takeover bid from Mitel Networks, rising 104 %.
Recently a Member of Pat McKeough's Inner Circle asked his opinion on a Canadian mortgage insurer whose parent company in the U.S. is subject to a takeover bid from China.
Neither of the a fore mentioned would prevent a takeover bid «for peanuts» from one of the neighbouring producers if they saw value in PTR....
In reality (as you may have suspected from the lower pricing of the bid), the UK Takeover Code is but a fond dream here.
The game is also an important part of the portfolio of Rockstar's parent company Take - Two who has found itself in muddy water recently with a takeover bid from EA looming large.
Japanese business daily Nikkei is reporting that crypto exchange Coincheck will accept a takeover bid that includes capital in several billion yen, worth tens of millions of dollars, from major Japanese online brokerage Monex.
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