Sentences with phrase «of takeover proposals»

Powers will be given to review the implication for pension funds of takeover proposals and to impose additional fines.
After the announcement of the takeover proposal, shares of the electric car company fell 12 percent in after - hours trading, while SolarCity's rose 15 percent, hinting at investors» sentiments this early.

Not exact matches

Baosteel and Aurizon look set to gain control of Aquila Resources after the iron ore hopeful rejected a takeover proposal from Mineral Resources, and instead recommended its shareholders accept the current $ 3.40 per share offer.
David Jones has been been approached by a UK investor, believed to be EB Private Equity, with a takeover proposal that reportedly puts an enterprtise value on the retailer of $ 1.65 billion.
Potash explorer Elemental Minerals has received a $ 123.1 million cash takeover offer from a Hong Kong investment group, but the company was quick to list a number of reasons why the proposal wouldn't succeed.
Black Range Minerals shares closed on a high today on news it had received a takeover proposal from Canadian - based Western Uranium Corporation for all of the company's shares.
Broadcom said its $ 121 billion acquisition proposal for Qualcomm is the «best and final» offer after the target's board unanimously rejected the sweetened bid, likely leaving the future of the hostile takeover bid to be decided by shareholders next month.
As manager of the firm's Corporate Governance Consulting Group with over 30 years of experience in the field, Bill has guided companies through a wide range of governance and takeover challenges, including contentious shareholder proposals and compensation - based initiatives, proxy contests, tender offers, and other corporate control matters.
These provisions are intended to avoid costly takeover battles, reduce our vulnerability to a hostile change in control or other unsolicited acquisition proposal, and enhance the ability of our board of directors to maximize stockholder value in connection with any unsolicited offer to acquire us.
** British engineer Invensys Plc, the target of a takeover approach from France's Schneider Electric SA, said it was still discussing the 3.3 billion pound ($ 5.1 billion) takeover proposal.
Takeover target AWE has kicked off the process to give its deal partner Mineral Resources 72 hours to match the 15 per cent higher cash proposal put forward this week by Japanese giant Mitsui amid a flurry of activity around its key gas asset.
AWE said on Wednesday it has reached agreement with Mitsui, one of its longstanding partners in other oil and gas ventures, on the terms of a «bid implementation deed» to enact the takeover proposal.
ENN, one of Santos» two Chinese cornerstone shareholders, has reacted «cautiously» to Harbour Energy's $ 13.5 billion cash takeover proposal.
Foreign ownership of Santos under Harbour Energy's takeover proposal looks set to be weighted more towards China than the US, which is expected to be of keen interest to FIRB.
Santos, which is the target of a $ 13.5 billion takeover proposal from US private firm Harbour Energy, will more than double its production from northern Australia as a result of the project, said chief executive Kevin Gallagher.
Mr Boon said the board had considered demerging one or more of Tatts» business units, selling some assets and maintaining the company in its current state after receiving Tabcorp's takeover proposal last October.
Treasury Wine's annual meeting is usually held in late October but was rescheduled months ago on the expectation it would coincide with a shareholder vote on one of the two private equity takeover proposals the company had received.
«It is important to place on record that his takeover proposals have required a significant leap of faith by the board, which it has agreed to take in order to preserve the future of professional football in Plymouth.
The report makes some controversial proposals to a system known as the «Cadillac» of Medicaid programs (because it covers so much), including changing the way reimbursement rates are set, a complete state takeover of the responsibilities now borne by the counties, reform of the medical malpractice system and a push for a higher federal contribution.
Under the terms of the agreement, Cuomo would support local control for a minimum wage increase — a proposal he has previously opposed — as well as back a full Democratic takeover of the state Senate.
Rio Tinto Limited («Rio Tinto»)(ASX: RIO) notes the announcement made by Coal & Allied Industries Limited («Coal & Allied»)(ASX: CNA) today relating to an indicative, conditional, incomplete and non-binding proposal from Rio Tinto, under which Rio Tinto and Mitsubishi Development Pty Ltd («Mitsubishi Development»), a wholly - owned subsidiary of Mitsubishi Corporation (TSE: 8058; LSE: MBC), would acquire all of the shares in Coal & Allied they do not already hold under a joint takeover («Proposal&proposal from Rio Tinto, under which Rio Tinto and Mitsubishi Development Pty Ltd («Mitsubishi Development»), a wholly - owned subsidiary of Mitsubishi Corporation (TSE: 8058; LSE: MBC), would acquire all of the shares in Coal & Allied they do not already hold under a joint takeoverProposal&Proposal»).
Faso had backed an amendment along with Rep. Chris Collins into the doomed American Health Care Act that would have required the state to takeover the county share of Medicaid funding in New York — a proposal that had been staunchly opposed by Cuomo.
Among those proposals: Having the federal government approve a state takeover of the transit hub from Amtrak.
UFT Vice President for Academic High Schools Janella Hinds testified before the New York State Assembly Committee on Education regarding Gov. Cuomo's proposal to implement state takeovers of public schools.
De Blasio pushed for permanent mayoral control during a string of visits to Renewal schools earlier this year as a means of rebuffing Cuomo's proposal for state takeover of failing schools.
On Saturday, February 11, VID put together a solid group of supporters for the Rally Opposing the NYU2031 Plan, NYU's aggressive, tower - heavy 20 - year construction proposal to jam our low - rise community with structures of inappropriate size, height and bulk (including a huge hotel), which will mean the takeover of public space and the influx of a concentration of more thousands of students, staff and faculty.
At the time, Cuomo appeared to agree to back the mayor's proposal to allow the city to raise its minimum wage up to 30 percent higher than the state's (as well as other WFP - backed policies and a Democratic takeover of the state Senate).
Speaking about Cuomo's proposal to implement state takeover of failing schools, «that hit me more than anything else,» said Mulgrew, who went on to talk again about the lack of school aid offered up by Cuomo.
Jaffee said she didn't expect her conference to agree to Cuomo's proposal for a state takeover of such schools or districts.
On Tuesday, the Republican Senate whip, Jon Kyl of Arizona, called Democrat Kent Conrad's proposal for cooperatives in lieu of a public option «a Trojan horse» for a government takeover of health care.
I am wary of portfolio districts, mayoral takeovers, and other proposals for a super-regulator to govern all choice and traditional schools.
Rauner and Republican leaders in the General Assembly have called for laws that would permit CPS to declare bankruptcy and allow a state takeover of the district, a proposal opposed by Democratic leaders who control the House and Senate.
Hundreds of business leaders, politicians, parents, students, educators, and advocates turned out for the first legislative hearing on Governor Deval Patrick's proposal to expand the number of charter school seats in school districts with the lowest MCAS scores as well as another proposal that would allow for a state takeover of failing schools.
After hours of anticipation yesterday as a bill lingered on a House Rules committee agenda that could allow for - profit charter school operators to takeover some of North Carolina's worst performing schools, Rep. Rob Bryan (R - Mecklenburg) told the Charlotte Observer Thursday night that his proposal won't be taken up by fellow lawmakers this year.
Another Malloy proposal — a state takeover of the worst failure mills through the creation of a special district modeled off of the successful Recovery School District in New Orleans — wouldn't happen until the 2013 - 3014 school year.
The rally took place just a few days after the Milwaukee School Board and administration on Friday rejected a controversial proposal that would have resulted in the takeover of some schools, saying the state - mandated plan was vague, the funding plan unclear and elements conflicted with state law.
Please join Milwaukee Public Schools leadership and PPS - MKE to learn more about the contents of the MPS Takeover proposal and what we can all be doing to inform our community at large and how we can continue to build momentum to push back against this egregious action.
Clement announced on Wednesday that the proposed takeover — which would be one of the largest in Canadian history — would not be a net benefit to the country and gave the company a month to come back with a better proposal.
Meanwhile, Starwood Hotels & Resorts Worldwide received an unsolicited takeover proposal from a group of investors led by Anbang Insurance Group Co., potentially upending a deal with Marriott International that would create the world's largest hotel operator.
So I'm pleased to see Rudd taking a step back towards sensible policy with his proposal for a complete Federal takeover of the public hospital sector to be implemented if co-operative Federalism fails to produce an agreed national reform plan.
Advising on the relevant due diligence issues to consider in respect of any planned mergers, demergers and takeovers; including advice on mitigation strategies to manage potential pension liabilities arising from such proposals.
«Following the withdrawal of Broadcom's takeover proposal, Qualcomm is focused on executing its business plan and maximizing value for shareholders as an independent company,» the company said in a statement.
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