Sentences with phrase «share takeover bid»

McDermott International — The oilfield services company rejected a $ 7 per share takeover bid from Norwegian peer Subsea 7, according to a statement from Subsea 7 this morning.

Not exact matches

Seven Group Holdings has upped its takeover bid for National Hire Group, after its initial offer of $ 3.00 per share was rejected by the target's major shareholder, Tasmania - based Caterpillar dealer Da

Icahn already raised his bid by a dollar a share in mid-April, but unless he raises it again, the rights plan will likely succeed and his takeover attempt could fizzle.

Norton Gold Fields is poised to succeed in its Bullabulling Gold takeover bid after the Perth explorer begrudgingly accepted the increased takeover offer of 8 cents per share.

Eastern Goldfields has withdrawn its $ 6 million share subscription agreement proposal put forward to Windward Resources, following Independence Group's $ 20.5 million takeover bid lodged last week.

UK - based Bushveld Minerals has launched its second takeover bid for local coal explorer Lemur Resources in two years, this time proposing to acquire all the shares it doesn't own in the business for about $ 10.9 million.

CNBC's Seema Mody reports Regal Entertainment has been approached by Cineworld, which has made a takeover bid of $ 23 / share.

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.

While the company has reportedly put itself up for sale, so far no suitor has agreed to a deal, though a fake takeover bid in May 2015 briefly sent Avon's (AVP) shares surging 20 % before the offer was revealed as a hoax (and the shares promptly resumed their downward trend).

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.

Monsanto shares closed little changed at $ 108.45 on Wednesday, offering an 18 percent upside to Bayer's takeover bid of $ 128 per share or $ 66 billion in total.

Fairfax Financial (TSX: FFH), BlackBerry's largest shareholder, has made a conditional takeover bid worth US$ 9 per share and values the company at US$ 4.7 billion.

SYDNEY (Reuters)- Australian internet provider Vocus Group Ltd said on Tuesday a second private equity firm has made a A$ 2.2 billion ($ 1.7 billion) takeover approach, sending its shares higher on hopes for a bidding war.

A flurry of reports of takeover interest — the supermarket chain Albertsons and the e-commerce giant Amazon are reported to have explored bids — has helped to lift the share price.

Aritzia has used this argument to defend its proposed dual class share structure, indicating that by maintaining control, the corporation will not be subject to a takeover bid and will be able to continue on its projected growth path.

His bidding vehicle, Arcade Finance, is offering 32 cents a share in an all - cash, off - market takeover bid.

Based on Friday's closing prices, the takeover bid is worth $ 70.53 a Trulia share, a premium of roughly 25 percent.

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.

For instance, he recently bought Warrnambool Cheese & Butter shares at the early stage of the takeover bid by Canada's Saputo.

One option Murray Goulburn is considering to stop this domino scenario playing out is to raise its takeover bid by 50 cents to $ 10 a share to try and halt the momentum Saputo may gain by putting a firm close date on its offer.

Victorian dairy farmer co-operative Murray Goulburn is considering raising its $ 500 million - plus takeover bid for Warrnambool Cheese & Butter to about $ 10 a share in an effort to arrest the momentum behind Canadian rival Saputo's offer.

Since Bega began the takeover battle, launching the first bid on September 12, the Victorian dairy's shares have more than doubled.

Updated The battle for Warrnambool Cheese & Butter has hit $ 9.60 a share, after the Australian Takeovers Panel ordered Saputo to raise its bid for the milk processor.

The battle for Warrnambool Cheese & Butter has hit $ 9.60 a share, after the Takeovers Panel ordered Saputo to raise its bid for the milk processor.

Victorian dairy farmer co-operative Murray Goulburn is considering raising its $ 500 million - plus takeover bid for Warrnambool Cheese & Butter to about $ 10 a share.

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.

Saputo on Monday declared its $ 9 a share cash takeover bid for WCB unconditional and offered a 20 cents sweetener if it gets control.

The capital raising would help to reduce the dairy co-operative's 52 per cent debt - to - equity ration and help «fund a third knock - out bid» which is expected to be $ 10 a share for Warrnambool, which is being courted by Montreal - based dairy giant Saputo and it's $ 9 - a-share takeover bid.

Treasury announced on Monday it had received a second takeover offer, and the prospect of a bidding war caused shares in the company to jump above the identical offer price of the two bids.

It was rumoured earlier in the week that Usmanov had made a # 1 billion bid for Kroenke's shares, in an attempt to make a takeover bid of the club.

It is interesting to note Usmanov built up his shares to the minimum amount needed to launch a takeover bid.

Consequently, on December 13, 2016, the board of NIL granted approval for a takeover bid to be made to all qualifying shareholders, for the acquisition of the offer shares.

Meetic has announced the mandatory squeeze - out and subsequent delisting of shares, following Match.com France's takeover bid.

So, if you hold non-voting or subordinate - voting shares, you won't miss out on a takeover bid.

Be aware that sale of your shares by your broker can occur without your advance knowledge, direction or consent at least anytime there is a successful takeover bid involving your shares.

A company has made a takeover bid for Green Time Corporation, offering its own shares as consideration.

For example, a common condition of a takeover bid is that the bidder must acquire a minimum number of shares under the bid.

In takeover bids, once a bid is announced, the bidder must make an offer to buy your shares within 2 months.

Zeder announced an early close to the takeover in September, shortly after Bidvest (BVT: SJ) bid ZAR 2.40 for 50 mio shares.

For example, in a takeover bid the share price offered may be considered «not fair».

However an expert may consider the bid to be «reasonable» because there are unlikely to be any alternative bidders and the share price may fall if the takeover bid is unsuccessful.

-- But it's hard for me to invest in a bid (even a firm bid) if I estimate intrinsic value «s far lower than the share / takeover price.

Hostile takeover A company's directors may feel that a takeover bid undervalues the shares, and so do not recommend the offer to shareholders.

Steve Johnson discusses the movement in GBST's share price and CIMIC's takeover bid for Macmahon on Sky Business News.

I'm a rabid value investor, but catalyst (s) hopefully offer or help me avoid the following: i) realizing a potential 75 % upside is not that exciting if it takes 7 years to do it, or ii) I want to add an extra edge to my (hoped for) value edge, or iii) being taken out by a takeover bid if it is only prompted by a further slide in the share price, etc..

If you already own shares in a company and it's the target of a takeover bid, you should carefully read the bidder's statement to see if the offer is for shares in a company with operations or assets overseas.

A takeover bid would also need to be at a substantial premium to ensure acceptance, and perhaps include a market based bid for the preference shares as a goodwill gesture (noting many Raven investors held both share classes).

Analysts point out that in France shares in computer games companies such as Infogrames, Havas, Ubi Soft and Titus are given far higher values, enabling them to mount takeover bids for British rivals.

Shares went from 7.75 per cent to $ 17.10, which is the biggest spike Take - Two has seen since rumours ran wild with speculation that EA was mulling a takeover bid.

She declared Taubman successful in defending its 1998 Series B share issuance and its board's rejection of the Simon / Westfield takeover bid.