Sentences with phrase «share takeover offer»

The original bidder, China Energy Reserve and Chemical Group, has still kept its hand in the game by lodging a bidder's statement last week, even though its 73 cents a share takeover offer is well out of the game.

But on Monday, reports that the company had received a $ 150 per share takeover offer from Roark Capital Group sent shares soaring by more than 24 %.

Gannett, the biggest U.S. newspaper publisher by circulation, made an unsolicited $ 12.25 per share takeover offer for Tronc — formerly Tribune Publishing — in April, valuing the company at about $ 815 million.

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.

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

The potential deal, while still unconfirmed, has already attracted its fair share of skeptics who doubt it will go through due to Tsinghua's low offer price and the fact that U.S. regulators are likely to be cautious about a large takeover by a Chinese state - owned company.

Neon Energy has backed out of a merger agreement with MEO Australia after Evoworld Corporation agreed to make a revised off - market takeover offer for 50 per cent of the shares it doesn't already own in the oil and gas producer.

Nedlands - based explorer Bullabulling Gold has advised its shareholders to reject Norton Gold Fields» increased takeover offer of 8 cents per share to obtain a 30 per cent interest in the company.

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.

Sydney - based TPG Telecom and its competitor iiNet scored a rare double today after announcing a friendly takeover offer, with shares in both the bidder and its Subiaco - based target rising strongly as investors welcomed the combination as a logical strategic fit.

The family that holds a majority interest in Diploma Group has formally launched a takeover offer for all shares it doesn't own in the business, at a bargain basement price of 1.5 cents per share.

Crescent Capital Investments has sweetened its takeover offer for infrastructure services group Cardno, boosting the deal to $ 3.45 per share, one week after competitor Coffey announced a friendly takeover deal with global player Tetra Tech.

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.

Calima is offering 3.33 shares for every share in TSV Montney and one share for every TSV Montney option, valuing the takeover target at $ 14.39 million.

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).

Given Bristol - Myers Squibb market capitalization, any deal would likely be worth more than $ 100 billion, as takeover offers usually occur at a premium to the existing share price.

Shares in oil and gas group AWE have jumped more than 20 per cent following a $ 430 million indicative takeover offer from a Chinese state - owned energy corporation.

The group led by Stephen Riady's Overseas Union Enterprise threw in the towel after Thailand's TCC Assets, headed by billionaire Charoen Sirivadhanabhakdi, raised its takeover offer for F&N to S$ 9.55 a share last week and bought additional stock in the open market to build its existing F&N holding to more than 40 percent.

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.

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.

In September, BlackBerry received a conditional takeover offer from Fairfax Financial (TSX: FFH), BlackBerry's largest shareholder, worth $ 9 per share.

Certain provisions of Delaware law and certain provisions that will be included in our amended and restated certificate of incorporation and amended and restated bylaws summarized below may be deemed to have an anti-takeover effect and may delay, deter, or prevent a tender offer or takeover attempt that a stockholder might consider to be in its best interests, including attempts that might result in a premium being paid over the market price for the shares held by stockholders.

While the $ 2.36 per share offer only implies a «small» 15 per cent takeover premium to Deutsche's $ 2.05 price target, the research team points to «recent operational risks in the hospital portfolio, the execution risks of the Northern Beaches greenfield project and our lower revenue growth outlook for the private hospital industry.»

Jayant shares some of his best ideas in the segment, including arbitrage opportunities currently offered by pending takeovers — which is an area that generally doesn't receive much attention, but seems to harbor quite a bit of potential.

With its Finish Line buyout, this company's stock «offers excellent value» JD Sports Fashion's takeover of the ailing Indianapolis - based retailer makes sense, analysts sayAs Finish Line, the U.S. athletic shoe chain, becomes British, buying shares in its expansion - minded acquirer could be a slam dunk.

Gannett said its own board will meet and decide whether to continue its offer of $ 15 a share, drop the takeover effort or pursue a different strategy.

However, these provisions may have the effect of delaying, deterring or preventing a merger or acquisition of our company by means of a tender offer, a proxy contest or other takeover attempt that a stockholder might consider in its best interest, including attempts that might result in a premium over the prevailing market price for the shares of Class A common stock held by stockholders.

The consideration offered to the outstanding minority shareholders whose shares are compulsorily acquired under the U.K. Companies Act 2006 must, in general, be the same as the consideration that was available under the takeover offer.

- Applying a 3.5 x revenue multiple to WU.com, which is a discount to Xoom's 4.8 x revenue takeover multiple, and 15x EV / FCF to WU's remaining businesses (retail C2C, C2B, and B2B), which is a substantial discount to MoneyGram's 21x EV / FCF takeover valuation, they derive an intrinsic value estimate of ~ $ 33 per share for WU at the end of 2020, offering ~ 72 % upside, or a 3.5 - year IRR of ~ 20 % including the dividend (3.7 % current yield).

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

Treasury Wine Estates has been the most picked over asset in the private equity community but KKR & Co got the game moving on Tuesday with a takeover offer pitched at $ 4.70 a share.

US buyout firm KKR has capitulated in its long takeover play for Treasury Wine Estates, sweetening its offer to more than $ 5 per share for Australia's largest winemaker.

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.

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.

Moore said Fonterra was offering 11.8 - times EBITDA for Bega Cheese shares, excluding the takeover value of Bega's 18.35 per cent stake in Warrnambool.

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.

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

On Wednesday Bega said it would not extend its Warrnambool Cheese & Butter takeover offer of $ 2 cash and 1.5 Bega shares, leaving Saputo and Murray Goulburn to fight it out for control of Warrnambool's 900 million litre milk pool and state of the art processing facility at Allansford, Victoria.

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.

Meanwhile, Australian dairy co-operative Murray Goulburn has announced an increased all cash takeover offer for Warrnambool Cheese and Butter (WCB) of $ 9.50 cash per share.

Saputo has been unable to process any WCB share offers pending the Takeover Panel's ruling, which is expected some time this week.

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.

Sen. Paterson shares his thoughts on the role of a lieutenant governor, tells the story of how he was offered the spot, discusses the possibility of a takeover of the Senate by Democrats, and speculates on the potential Democratic infighting that may result.

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

A takeover is when a company makes an offer to take control of another company by buying enough shares so they can run meetings and decide who gets elected as directors.

After reading the target's statement, Susanna agrees and decides to hold onto her shares and not accept the takeover offer.

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

In the event that an outside investor accumulated over 10 percent of the company's total shares, or tendered a takeover offer without prior approval, existing shareholders had the right to purchase additional shares in order to prevent a takeover.

I was amazed to still get shares that offered an 11.0 % gross return — this was (virtually) free money, as one could submit the shares immediately and receive takeover proceeds just 14 days later.

Irish shares, Irish value investing, mobile content, mobile payment, Pageant Holdings, Ross Conlon, shareholder activism, takeover offer, Zamano, ZMNO