Foster's announced on Tuesday that its board believes SABMiller's $ 5.18 (# 3.21) per
share cash offer «significantly undervalues the company.»
While I appreciate its courteous tone and value our ongoing dialogue, I am disappointed that you have rejected Electronic Arts Inc.'s («EA's») $ 25 per
share cash offer to acquire Take - Two Interactive Software, Inc. («Take - Two») and declined to engage in the friendly negotiations we proposed.
Saputo's $ 9
a share cash offer is unconditional and open until January 10, while Murray Goulburn must wait for approval from the Australian Competition Tribunal before its $ 9.50
a share cash offer can be accepted.
Saputo has cleared the Foreign Investment Review Board and its $ 9
a share cash offer is unconditional.
Saputo on Friday extended its final $ 9
a share cash offer for the last time in the latest move in the dramatic takeover battle for Australia's fourth largest dairy processor.
On Tuesday, WCB formally rejected Murray Goulburn's $ 9.50
a share cash offer, saying Saputo's offer is superior based on value, certainty and timing.
Saputo declared its $ 9
a share cash offer, plus a 20 cents sweetener if it gets control of WCB, unconditional on Monday and had mopped up 9.6 per cent of WCB by Friday.
The bid formalizes an offer first made in February and puts pressure on Fox, which already has a 39 - percent stake in Sky, to raise the 10.75 pound per
share cash offer it first announced in December 2016.
The transaction includes a $ 68.78 per
share cash offer, representing a premium of about 7 percent to Microsemi's closing price on Thursday.
Not exact matches
Salesforce's
cash offer of $ 75 per
share represents a 56.3 percent premium to Demandware's Tuesday closing.
Sanofi said on Monday it would pay 45 euros per
share in
cash for Ablynx, a premium of 21.2 percent over its closing price on Friday - and more than double the price before Novo went public with its initial
offer.
Phoenix Gold has reiterated shareholders should reject a
cash and scrip takeover
offer from Evolution Mining, even though a rise in Evolution's
share price has boosted the value of the deal.
Shares in the 230 - year - old Ladbrokes jumped 26 percent in early trading, while GVC shares rose 6 percent on confirmation of the long - rumored offer, which is in cash and s
Shares in the 230 - year - old Ladbrokes jumped 26 percent in early trading, while GVC
shares rose 6 percent on confirmation of the long - rumored offer, which is in cash and s
shares rose 6 percent on confirmation of the long - rumored
offer, which is in
cash and
sharesshares.
Broadcom is preparing to unveil an unsolicited
offer to buy Qualcomm for as much as $ 70 a
share in
cash and stock tomorrow morning.
NetSuite
shares rose about 18 percent to $ 108.05 in morning trading, just shy of the
offer price of $ 109 in
cash per
share.
The Chinese group is
offering S$ 3.38 in
cash per
share, representing 81 percent premium over its 12 - month volume weighted average price and a 25 percent premium over its last full trading day before the announcement.
Emerson's most recent
offer for Rockwell, worth more than $ 27 billion, was in early October for $ 215 a
share, split evenly between
cash and stock.
The
cash - and - stock
offer is worth $ 74.50 a
share, roughly a 23 % premium over Family Dollar's closing price Friday.
Brookfield Property made a $ 23 - per -
share cash and stock
offer last month for the 66 percent of GGP it does not already own.
Sanofi said on Monday it would pay 45 euros per
share in
cash for Ablynx, a premium of 21.2 % over its closing price on Friday — and more than double the price before Novo went public with its initial
offer.
The all -
cash $ 15.25 per
share offer represents a 13 percent premium to Calpine's closing price on Thursday, and the company's
shares were up 9.7 percent at $ 14.81 in premarket trading on Friday.
Comcast CEO Brian Roberts says his company's
cash offer values each Sky
share at 12.50 pounds, 16 percent higher than the 21st Century Fox
offer of 10.75 pounds.
Herbalife also announced a self - tender
offer to buy as much as $ 600 million of its own
shares that comes with a contingent
cash payment if Herbalife is acquired in a private transaction within two years.
Shareholders will be
offered # 5 in
cash and the remainder in CME
shares.
Comcast
offered 12.50 pounds in
cash per Sky
share on Tuesday, well above the 10.75 pounds Twenty - First Century Fox Inc - run by Roberts» rival Rupert Murdoch - had agreed to pay for the British company.
The Canadian grocery and pharmacy giant is
offering $ 3.10
cash per
share of QHR Corp. of Kelowna, B.C. (TSXV: QHR)-- 22 per cent above the stock's closing price Friday on the TSX Venture Exchange.
Broadcom is speaking to advisers and the
offer of about $ 70 a
share would include
cash and stock, Bloomberg reported earlier, citing people familiar with the matter.
SABMiller immediately issued its own statement saying it still didn't like the terms of the new
offer, which would give its public shareholders 42.15 pounds a
share in
cash, a premium of 44 % over where the
shares were trading before news of AB InBev's intention to bid leaked out last month.
The bid for the Canadian nickel and gold producer comes in the form of an all -
cash offer for all of LionOre's issued and outstanding
shares, the Switzerland - based mining giant said.
• Aconex Ltd (ASX: ACX) received a A$ 1.56 billion ($ 1.2 billion), or A$ 7.80 in
cash - per -
share, buyout
offer from Oracle Corp, sending the target's
share price up 45 percent.
Under the terms of the agreement, a subsidiary of HPE will commence a tender
offer to purchase any and all of the outstanding
shares of Nimble common stock for $ 12.50 per
share in
cash.
Maple is
offering $ 48 in
cash and
shares for the TMX, representing a 24 % premium to the LSE merger — which it calls a «takeover» in its press release — as of May 12.
Startups are usually tight on
cash and
offer other incentives like flexible hours, profit -
sharing, or remote working abilities.
On a per
share basis, CREIT unitholders are being
offered $ 53.75 in
cash or 4.2835 Choice Properties units for each CREIT unit held, subject to the overall
cash and equity maximums.
Alaska's
offer of $ 57 per
share in
cash represents a premium of about 47 percent to Virgin's Friday's close.
That bid ultimately failed, although it did force General Dynamics to amend its
offer to acquire all outstanding
shares of CSRA for $ 41.25 per
share in
cash, an increase from the original $ 40.75 per
share offer.
Of those that do, most (54 %)
offer financial incentives to encourage workers to complete the assessment, such as reduced premiums or cost -
sharing; eligibility for other wellness benefits; or
cash, contributions to an HSA, or merchandise.
Due to a combination of misaligned incentives and naively optimistic business plans, Men's Wearhouse executives turned down an
offer that would have given investors $ 48 /
share in
cash and opted, instead, for an acquisition that has sent the stock to $ 18 /
share today.
The consortium
offered A$ 2.36 a
share in
cash for the Sydney - listed company, representing a 16 percent premium to the A$ 2.03 closing price on April 24.
Akzo on May 8 rejected a third, improved approach by PPG worth 96.75 euros in a part
cash, part
share offer.
Tim Hortons shareholders must vote on whether to approve the
cash - and -
share offer, which values Tim Hortons at $ 94 a
share, up from $ 68 last Friday.
Taking into account the
cash resources needed to fund the
Offer and the
cash reserve requirements established as part of the
cash confirmation process, HP may execute a low volume of opportunistic
share repurchases relative to prior periods until the closing of the Autonomy acquisition.
Crucially, only Valeant is
offering consideration in the form of
shares and
cash to Allergan's stockholders.
The
offer of about $ 70 a
share would include
cash and stock and is likely to be made in the coming days, the people said.
Many companies that used to
offer cash profit
sharing began to designate their match to the employee contributions to 401 (k) plans as the profit
sharing contribution.
The battle began at the end of May, when NetApp bid $ 25 a
share for the company, using a mix of stock and
cash for a $ 1.5 billion
offer.
2016.01.25 RBC commences tender
offer to purchase certain outstanding Depositary
Shares Royal Bank of Canada (RY on TSX and NYSE)(«RBC») today announced the commencement of a tender
offer to purchase for
cash all of its issued and outstanding Depositary
Shares,...
Blueprint Medicines (BPMC)- The current $ 3.75 billion valuation compares favorably to $ 2 billion peak sales potential of two lead drug candidates, while their solid
cash position after the December secondary
offering and their deep pipeline provide adequate cushion to the current
share price.
2016.02.23 RBC announces final results of Depositary
Shares tender
offer Royal Bank of Canada (RY on TSX and NYSE)(«RBC») today announced the final results for its previously announced tender
offer to purchase for
cash all of its issued and outstanding Depositary
Shares...
Therefore, given the persistently excessive liquidity of $ 133 billion net
cash on Apple's balance sheet, we ask you to present to the rest of the Board our request for the company to make a tender
offer, which would meaningfully accelerate and increase the magnitude of
share repurchases.