Sentences with phrase «share acquisition of»

Advised a purchaser on the pensions and benefits aspects of a significant restructuring and share acquisition of a business

Not exact matches

«It's a combination of excellent execution, as well as taking advantage of some new opportunities, new investments we have made such as our MSC acquisition and it's also about gaining some market share.»

Shares in accounting firm Crowe Horwath surged on the news it had finalised an acquisition proposal from Financial Index Wealth Accountants for about $ 137 million, following five months of negotiations.

Chinese tech giants are now outright acquiring or taking majority shares in overseas companies, such as Ctrip's (China's leading online travel agency and number two market leader in the world, second only to Priceline) acquisition of the UK's leading travel search site Skyscanner, Tencent's 93 % investment in U.S. - based gaming company Riot Games and 84 % investment in Finland - based gaming company Supercell, and Alibaba's 83 % stake in Southeast Asia's online shopping site Lazada.

Last week it followed with another announcement that would give it great goodwill with conservationists and improve its credibility with shareholders — acquisition of a modest share of one of the world's leading developers of wave energy power systems.

the Company's share repurchase plans depend on a variety of factors, including the Company's financial position, earnings, share price, catastrophe losses, maintaining capital levels commensurate with the Company's desired ratings from independent rating agencies, funding of the Company's qualified pension plan, capital requirements of the Company's operating subsidiaries, legal requirements, regulatory constraints, other investment opportunities (including mergers and acquisitions and related financings), market conditions and other factors.

Last month, shares of the publishing giant soared as much as 17 % after reports that it had received an unsolicited acquisition offer from a group including billionaire Edgar Bronfman Jr., the former CEO of Warner Music, and Ukrainian - born billionaire Len Blavatnik, who bought Warner Music in 2011.

The firm says it's because two of the market's secret weapons — share buybacks and mergers and acquisitions — saw an uptick at exactly the right time.

That would represent a premium of close to 30 % of the price of Tribune Media shares on Feb. 28, the day before Reuters broke the news that Sinclair had approached Tribune Media to discuss an acquisition.

Specifically, Defendants made false and / or misleading statements and / or failed to disclose that: (i) Akorn's failure to comply with FDA data integrity requirements would jeopardize Fresenius» acquisition of Akorn; (ii) the Company lacked effective internal controls over financial reporting; and (iii) as a result of the foregoing, Akorn shares traded at artificially inflated prices during the Class Period, and class members suffered significant losses and damages.

Office sharing startup WeWork is expanding into China with a $ 400 million acquisition of a local competitor called Naked Hub, Bloomberg reported.

In 2013, for example, Magnetar and several other hedge funds sued over the acquisition by 3M (mmm) of biometrics company Cogent, seeking about 55 % more money for their shares in the target, which they claimed were priced too low.

Shares in Perth - based contractor OTOC have surged on news it is looking to expand its presence on the east coast with the acquisition of Sydney - based Geo - Metric Surveying for up to $ 12 million.

General Mining Corporation shares fell sharply today after the company announced revised terms for the acquisition of an interest in Galaxy Resources» Mt Cattlin tantalum project near Ravensthorpe.

The acquisition, expected to close in the first quarter of 2016, values Broadcom at $ 54.50 per share in cash — well higher than Broadcom's $ 47.06 per share closing price on Tuesday, but below Wednesday's media - fueled closing price of $ 57.16.

Diversified contractor OTOC has made another east coast acquisition, announcing today the purchase of surveying consultancy Lawrence Group for up to $ 5.85 million in cash and shares.

OTOC has further grown its presence on the east coast with the acquisition of a Sydney - based land surveying firm for $ 4 million in cash and shares.

Shares in Mungana Gold Mines rose by more than 25 per cent after the company announced it would move ahead with its North Queensland zinc strategy, following shareholder support for the $ 15 million acquisition of the Chilagoe base metal assets from the liquidators of Kagara, originally announced in December last year.

Shares in Kresta Holdings slumped today after its major shareholder, China - based Aplus, announced that it had fallen short of its required 90 per cent threshold for compulsory acquisition.

Perth - based Excalibur Mining Corporation's shares closed over 150 per cent higher on news it was considering an acquisition of Singapore - based tech company Dropmysite for an undisclosed sum.

Shares in copper miner Latitude Consolidated skyrocketed on news it plans to exit the resources sector with a proposed acquisition of consumer services technology company Yatango through a scrip deal valued at about $ 18 million.

And now MI Developments, a real estate company carved out of Magna's assets to support horse - track acquisitions in 2003, has struck a deal with Stronach to move to a one - share - one - vote system.

The firm had taken a bearish view on Exxon due to challenges in its European natural gas operations, «lackluster» growth in oil and gas production, a pricey acquisition in U.S. shale fields and the lack of share buybacks.

Such risks, uncertainties and other factors include, without limitation: (1) the effect of economic conditions in the industries and markets in which United Technologies and Rockwell Collins operate in the U.S. and globally and any changes therein, including financial market conditions, fluctuations in commodity prices, interest rates and foreign currency exchange rates, levels of end market demand in construction and in both the commercial and defense segments of the aerospace industry, levels of air travel, financial condition of commercial airlines, the impact of weather conditions and natural disasters and the financial condition of our customers and suppliers; (2) challenges in the development, production, delivery, support, performance and realization of the anticipated benefits of advanced technologies and new products and services; (3) the scope, nature, impact or timing of acquisition and divestiture or restructuring activity, including the pending acquisition of Rockwell Collins, including among other things integration of acquired businesses into United Technologies» existing businesses and realization of synergies and opportunities for growth and innovation; (4) future timing and levels of indebtedness, including indebtedness expected to be incurred by United Technologies in connection with the pending Rockwell Collins acquisition, and capital spending and research and development spending, including in connection with the pending Rockwell Collins acquisition; (5) future availability of credit and factors that may affect such availability, including credit market conditions and our capital structure; (6) the timing and scope of future repurchases of United Technologies» common stock, which may be suspended at any time due to various factors, including market conditions and the level of other investing activities and uses of cash, including in connection with the proposed acquisition of Rockwell; (7) delays and disruption in delivery of materials and services from suppliers; (8) company and customer - directed cost reduction efforts and restructuring costs and savings and other consequences thereof; (9) new business and investment opportunities; (10) our ability to realize the intended benefits of organizational changes; (11) the anticipated benefits of diversification and balance of operations across product lines, regions and industries; (12) the outcome of legal proceedings, investigations and other contingencies; (13) pension plan assumptions and future contributions; (14) the impact of the negotiation of collective bargaining agreements and labor disputes; (15) the effect of changes in political conditions in the U.S. and other countries in which United Technologies and Rockwell Collins operate, including the effect of changes in U.S. trade policies or the U.K.'s pending withdrawal from the EU, on general market conditions, global trade policies and currency exchange rates in the near term and beyond; (16) the effect of changes in tax (including U.S. tax reform enacted on December 22, 2017, which is commonly referred to as the Tax Cuts and Jobs Act of 2017), environmental, regulatory (including among other things import / export) and other laws and regulations in the U.S. and other countries in which United Technologies and Rockwell Collins operate; (17) the ability of United Technologies and Rockwell Collins to receive the required regulatory approvals (and the risk that such approvals may result in the imposition of conditions that could adversely affect the combined company or the expected benefits of the merger) and to satisfy the other conditions to the closing of the pending acquisition on a timely basis or at all; (18) the occurrence of events that may give rise to a right of one or both of United Technologies or Rockwell Collins to terminate the merger agreement, including in circumstances that might require Rockwell Collins to pay a termination fee of $ 695 million to United Technologies or $ 50 million of expense reimbursement; (19) negative effects of the announcement or the completion of the merger on the market price of United Technologies» and / or Rockwell Collins» common stock and / or on their respective financial performance; (20) risks related to Rockwell Collins and United Technologies being restricted in their operation of their businesses while the merger agreement is in effect; (21) risks relating to the value of the United Technologies» shares to be issued in connection with the pending Rockwell acquisition, significant merger costs and / or unknown liabilities; (22) risks associated with third party contracts containing consent and / or other provisions that may be triggered by the Rockwell merger agreement; (23) risks associated with merger - related litigation or appraisal proceedings; and (24) the ability of United Technologies and Rockwell Collins, or the combined company, to retain and hire key personnel.

The firm's investigation seeks to determine, among other things, whether the Company's Board of Directors failed to satisfy their duties to shareholders, including whether the Board adequately pursued alternatives to the acquisition and whether the Board obtained the best price possible for the Company's shares of common stock.

Shares of Blue Apron rallied after a Gabelli & Company analyst said the meal kit company could be an acquisition target for Walmart.

Many observers, though, balked at the $ 710 million cost of the acquisitions, questioning whether Under Armour could quickly produce any return on investment — two of the three companies were unprofitable — let alone succeed in a space that shares little with making shirts and shoes.

Following the announcement of the acquisition, the biggest deal in the history of the aerospace industry, shares of United Technologies dropped nearly 6 percent Tuesday.

Instagram is hanging on to a demographic that's rapidly abandoning the Facebook platform, according to a new RBC Capital Markets survey, making Mark Zuckerberg's buy of the photo - sharing app «one of the best acquisitions in internet history» according to one analyst.

If Amazon launches pharmacies in Whole Foods and on Prime, an acquisition of Rite Aid would accelerate market share, according to Cowen.

The company's net income dropped 40 % to $ 127 million, or 17 cents per share, mainly due to costs associated with the near $ 6 billion acquisition of King Digital in February.

To account for external innovation, too, a company's portfolio of startup acquisitions is assessed for similarity with best - performing venture capital funds and share of tech areas with the strongest investment growth.

According to the Wall Street Journal, people who had shorted SolarCity stock will have to scramble to rebuy shares that have gone up because of the potentially less - than - arm's - length acquisition offer.

In addition to the Air Products acquisition, he also told CNBC that he hasn't «covered a single share» of Herbalife.

Man Group also announced its intention to buy back up to $ 100 million of shares and said it continues to review potential acquisition opportunities.

Retail deals comprised the smallest share of mergers and acquisitions in the first quarter of the year, according to Thomson Reuters data.

Google has widened its share from about 31 per cent since Microsoft bought Atlas as part of the ill - fated aQuantive acquisition.

«The acquisition of Juno builds on our shared vision to discover and develop transformative medicines for patients with incurable blood cancers,» Celgene CEO Mark Alles said in a statement Monday.

SAP had been slow to move into the cloud, said Reuner, but after making the shift with acquisitions such as procurement software company Ariba in 2012, the first quarter of 2017 saw it sell more subscriptions than expected, with new cloud bookings increasing by 49 percent to 215 million euros ($ 244.9 million) and shares hitting a record high.

The Division of Enforcement of the SEC informed Longfin on March 5 that the agency is investigating trading in the company's shares and requested documents related to its IPO and acquisition of Ziddu.com, according to a required 10 - K filing Monday.

These unallocated costs consist primarily of manufacturing employees» stock - based compensation, expenses for profit sharing and quarterly or annual incentive plans, matching contributions under the Company's 401 (k) Plan, and acquisition related costs.

One worrying sign according to Smith is that the percentage of M&I branches that grew market share between June 2008 and June 2011, just before BMO closed the acquisition, was 40 %.

The Division of Enforcement of the SEC informed Longfin on March 5 that the agency is investigating trading in the company's shares and requested documents related to its IPO and acquisition of Ziddu.com, according to a required 10 - K filing.

In the last quarter before completing the acquisition, Innergex had net earnings of $ 3.5 million or five cents per share, down from $ 8.8 million or eight cents per share last year after an increase in financing costs and other financial impairments.

On April 25th, 2018, Globalstar announced that it has signed a merger agreement with Thermo Acquisitions, Inc., pursuant to which the following assets will be combined with the former: metro fiber provider FiberLight, LLC; 15.5 million shares of common stock of CenturyLink, Inc.; $ 100 million of cash and minority investments in complementary businesses and assets of $ 25 million in exchange for Globalstar's common stock valued at approximately $ 1.65 billion, subject to adjustments.

Because of the likelihood that pursuing an acquisition will boost a company's revenue growth and thus its share price, investors have increasingly been pressuring pharmaceutical firms such as Gilead Sciences (GILD) and Teva to strike deals.

TIAA - CREF's Kempler notes that Gilead's stock has sometimes sunk immediately after the announcement of an acquisition — as happened with Pharmasset, when Gilead's shares fell 9 %.

The U.S. Securities and Exchange Commission is investigating trading activity in shares of Longfin, a tiny stock that surged astronomically in December after the firm announced a cryptocurrency - related acquisition, the company disclosed late Monday.

It maintained its 2016 - 18 asset sales projection of $ 30 billion, provided its acquisition of BG goes through, and its 2016 dividend payment forecast of at least $ 1.88 per share.

We believe the Statoil acquisition strengthens the company's business risk profile by adding an established, profitable c - store and fuel retailer with a strong market share of more than 30 % in the mature markets of Sweden, Norway, and Denmark with good growth prospects in riskier, more fragmented Eastern Europe.