Sentences with phrase «rival bidder»

Linklaters led for Steinhoff on the Mattress Firm deal, while Travers took the lead on the Home Retail Group offer, as Linklaters was conflicted as it was already advising Home Retail in connection with the approach from rival bidder Sainsbury's.

Saputo agreed to these demands as part of undertakings forced upon it following a complaint by rival bidder Murray Goulburn.

But an appeal by rival bidder Murray Goulburn, which owns 17.6 per cent of WCB, to the Takeovers Panel on Wednesday has halted Saputo's progress.

Talks between UBM chief executive David Levin and Informa executive director Peter Rigby are reportedly still at an early stage, with private equity giant Apax Partners cited as a potential rival bidder for Informa.

Dr Phil Limbert, chief executive of rival bidder Valley Invicta Academies Trust, said the primary objective was grammar provision in Sevenoaks.

German Chancellor Angela Merkel once again threw her support behind Magna International's bid to acquire Opel from General Motors, even as rival bidder RHJ improves its bid by requiring less state funding.Merkel said Tuesday that she was ready to intervene personally to support Magna's bid, which in

Kohlberg Kravis Roberts, with junior partner Rhone Capital, made an indicative proposal of $ 5.20 per share, and this was matched by rival bidder TPG.

Updated Aggrieved Warrnambool Cheese & Butter suitor Murray Goulburn is seeking interim orders from the Takeovers Panel to stop rival bidder Saputo from processing acceptances for its $ 9 - a-share cash takeover offer.

«What will be interesting to see is if we end up in a bidding war,» Waterhouse said, suggesting Teva Pharmaceutical Industries and Valeant Pharmaceuticals International as potential rival bidders.

The Australian Takeovers Panel has banned Saputo from processing acceptances to its offer for at least two months, after rival bidder Murray Goulburn protested that Saputo had «misinformed» the market.

Aggrieved Warrnambool Cheese & Butter suitor Murray Goulburn is seeking interim orders from the Takeovers Panel to stop rival bidder Saputo from processing acceptances for its $ 9 - a-share cash takeover offer.

German Chancellor Angela Merkel once again threw her support behind Magna International's bid to acquire Opel from General Motors, even as rival bidder RHJ improves its bid by requiring less state funding.

Accounting firm Crowe Horwath has entered into exclusive takeover talks with a partnership between wealth management group Financial Index Wealth Accountants and private equity firm KKR Asset Management, snubbing rival bidder Anchorage Capital Partners.

The Pulpwood Plantations proposal to take over Great Southern timber schemes was withdrawn today before the official vote was to take place, as attention now turns towards rival bidder Gunns.

«In addition, the company has not formerly opened a bidding process, entertaining analysts» expectations rival bidders will emerge.»

Mitsui beat rival bidders Mineral Resources and China Energy Reserve and Chemical Group to win the recommendation of AWE's board for its all - cash offer of 95 cents a share.

The revised offer from Saputo on Monday raised the ante with rival bidder Murray Goulburn Co-operative, which earlier said it was considering increasing its offer which is conditional on securing approval from competition regulators.

Saputo's move has heaped pressure on rival bidder Murray Goulburn, which is still up to six months away from getting regulatory approval.

In the Saputo - WCB matter, the withdrawal of two very complex fully franked special dividends WCB planned to pay under its agreed bid with the Canadian company caused rival bidders Murray Goulburn and Bega Cheese to appeal to the Panel.

US drinks giant Constellation Brands is an unlikely rival bidder after chief executive Robert Sands signalled in July when the company released its quarterly results, that the focus was on paying debt and not large acquisitions.

This process may be completed by mid-late September as KKR attempts to outmuscle rival bidder TPG Capital.

Unlike rival bidder Mahindra, Tata Motors is listed on the NYSE, and its finances are relatively transparent.

Magic circle pair lead on the deal as rival bidder GVC Holdings fails in attempt to buy gambling web service

Rival bidders for rail and ports giant Asciano are considering making a joint, all - cash $ 9.05 billion bid in an effort to seal the long - running takeover battle.

The return to unit holders and shareholders is likely to have a bearing on any vote on the Saputo deal, particularly since a syndicate of rival bidders has indicated a guarantee of $ 1 a unit or share when they cast their bid, expected in the coming weeks.

The application is the first step in a process that could last up to six months, and involve court hearings, expert witnesses and submissions from rival bidders and industry players.

In fact, the synergy benefits were judged so magnificent by rival bidder Murray Goulburn that it formed the basis of its case before the Australian Competition Tribunal.

This came after an exhaustive due diligence process where Kohlberg Kravis Roberts and junior partner Rhone Capital, and rival bidder TPG Capital, investigated the inner workings of the company but couldn't pay what the company's major institutional shareholders wanted.

Bega Cheese has extended its takeover offer for Warrnambool Cheese & Butter, while rival bidder Saputo has built its WCB stake to almost 15 per cent.

The anointing of a rival bidder by research houses means Pulpwood Plantations is an outsider to secure the necessary votes this week to take over Great Southern timber schemes.

The wild card could be a hostile offer from a rival bidder while the Disney - Fox deal awaits approval from regulators and shareholders.

Rival bidders for the business, which could be worth $ 6 billion, include Affinity Partners working with KKR and Carlyle Group working with GIC.

The target's plan to disrupt transatlantic travel is taking off, but its finances are stretched, and rival bidders may struggle to match an offer from IAG.

The clock is ticking for rival bidders to formally put in an offer for the trading software company

The Treasury board has agreed to let the duo in to undertake due diligence on a «non-exclusive» basis, which leaves the door open for any rival bidders.

The application was withdrawn on 23 January 2014; rival bidder, Canadian dairy company, Saputo, made a successful bid.

Australia's largest dairy processor, Murray Goulburn, has alleged its rival bidder, Canadian company Saputo, has contravened the «truth in takeovers» regulation, and that WCB shares have been trading on the basis of misinformation.

For sure, he won't elicit excitement amongst our fans now, but he's worth a punt to keep him away from rival bidders.

Spurs have tried to buy the Italian - American once before, in January 2011, but Rossi was unwilling to make the switch to White Hart Lane or to rival bidders, Juventus.

The Senate staff memo — now in the hands of the state Inspector General's Office, which is probing the entire matter — provided a summary of the proposals of rival bidders, insiders said.

In an email to a rival bidder, Eisner had expressed confidence his client would win a license, but the bidding group was ultimately not picked.

ALBANY — The decision by the administration of Gov. Andrew M. Cuomo to choose a campaign contributor to the governor for a $ 50 million development contract at Republic Airport in Farmingdale has generated opposition from a rival bidder, local civic groups and state Sen. Phil Boyle, who represents the district.

It's Election Day, and with his stake of the NFL team in writing, Ray must take down a rival bidder and ensure Verona's re-election in order to protect his interests.

Bad luck, but it was always obvious that GNC had v little extra firepower if a rival bidder appeared.