Sentences with phrase «takeover battle for»

During the takeover battle for Warrnambool Cheese, Fonterra snared almost 10 per cent of Bega's stock, fuelling speculation that a takeover play could be on horizon.
After a lengthy $ 500 million takeover battle for control of WCB, Saputo bested rivals Bega Cheese and Murray Goulburn, securing 87.92 per cent of the Victorian dairy group in February.
In February, Canadian dairy powerhouse Saputo won a fierce $ 500 million takeover battle for Australia's oldest dairy Warrnambool Cheese & Butter, and Hong Kong businessman William Hui snapped up United Dairy Power, Australia's biggest privately owned dairy processor, for $ 70 million.
Bega Cheese's decision to sell its holding in Warrnambool Cheese & Butter to Canada's Saputo ends a bitter takeover battle for Australia's oldest listed dairy processor.
Earlier this year, Murray Goulburn ran hard in the fierce $ 500 million takeover battle for listed rival Warrnambool Cheese & Butter, but Mr Helou lost out to Canada's Saputo.
For the past four months, Bega Cheese, Murray Goulburn and Canada's Saputo have been locked in a bitter takeover battle for Warrnambool.
The aggressive and hyperactive takeover battle for WCB has seen the small dairy company's share price rocket from around $ 4 to close to $ 10 in only a few short months, with Lion keen to protect its sizeable National Foods business that owns a portfolio of well know cheeses and milk.
Murray Goulburn conceded defeat in the dramatic three - way takeover battle for WCB last week as Montreal - based Saputo crossed the 50 per cent shareholding threshold.
Murray Goulburn is locked in a fierce $ 500 million - plus takeover battle for control of WCB with Canadian dairy company Saputo.
The dramatic takeover battle for Warrnambool Cheese & Butter could take another turn in its dying moments, with Japanese - owned Lion looking like it will not sell its 10 per cent WCB stake into Canadian giant Saputo's offer.
For veteran dairy farmer John Thomas the intense takeover battle for the nation's fourth - largest milk processor, Warrnambool Cheese & Butter Factory, has a simple genesis.
Her comments come on the heels of milk price increases from rival dairy processors Murray Goulburn and Bega Cheese, and in the wake of Canadian dairy giant Saputo's victory in the three - way takeover battle for Warrnambool Cheese & Butter.
Warrnambool Cheese & Butter boss David Lord says Australian dairy players are swarming to secure their positions ahead of a major industry consolidation piece as the takeover battle for WCB rages.
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.
For the past four months, Bega Cheese, Murray Goulburn and Canada's Saputo have been locked in a bitter takeover battle for Warrnambool Cheese & Butter, Australia's oldest listed dairy processor.
But it was the hotly contested takeover battle for WCB between Saputo, Bega Cheese and Murray Goulburn that threw the sector into the spotlight.
US agribusiness giant Archer Daniels Midland's failed $ 3 billion takeover bid for east - coast grains handler GrainCorp and the $ 500 million plus takeover battle for Victoria's Warrnambool Cheese & Butter have underscored the red - hot demand for Australian agriculture assets.
PanAust managing director Gary Stafford hoped to have «some clarity» on the prolonged takeover battle for the company by early October.
During the heated takeover battle for Warrnambool Cheese & Butter this year, Murray Goulburn's bid was thwarted because of concerns about a reduction in local competition.
NSW - based Bega, which extended its offer for WCB on Wednesday, is locked in a $ 500 million plus takeover battle for WCB with Australia's biggest dairy exporter, Murray Goulburn, and Canadian behemoth Saputo.
Mineral Resources boss Chris Ellison refuses to concede defeat in the takeover battle for AWE, and vows to push into new commodities
Shares of Fraser and Neave (F&N) finished 1.95 percent lower after a group led by a Thai billionaire won the takeover battle for the Singapore drinks and property conglomerate in a deal worth around S$ 13.8 billion ($ 11.24 billion).
T), ending a contentious takeover battle for the No. 3 U.S. wireless service provider.

Not exact matches

The battle for control of Aditya Birla Minerals has intensified, with bidder Metals X extending its $ 68 million takeover offer to late February while accusing the target of lacking transparency around expenses.
Metals X looks set to succeed in its long - running battle for control of Aditya Birla Minerals, with the takeover target recommending shareholders accept an increased offer that values the company at about $ 103 million.
Aspen Group's battle for ownership of Aspen Parks Property Fund has intensified, after Discovery Holiday Parks put forward a $ 135 million takeover offer for the business.
A German court has acquitted the former CEO and CFO of sports car maker Porsche of manipulating the company's share price during its takeover battle with Volkswagen 0.09 %, dealing a serious blow to a seven - year battle for compensation by U.S. hedge funds.
But it's certain that if Tim Hortons had not entertained Burger King's offer, Ackman, an activist investor famous for his pitched battles with companies — whose stake in Burger King has already earned him an additional US$ 200 million on the takeover news — would have sparked an ugly shareholder battle over Tim's.
Both Gannett and Tribune Publishing are settling in for a protracted battle, as Gannett marches forward in an increasingly hostile takeover attempt of Tribune (POLITICO: «Tribune's anti-Gannett strategy: Tronc, the Lagos Gambit and stalling»).
There are countless ways to look at the implications of Amazon's proposed $ 13.7 billion takeover of Whole Foods, that it's the latest salvo in the battle between Amazon and Walmart to be the one place where everyone shops for everything, that it's a disruption to the supply chain model in the grocery business, or that it's nothing more than a marriage of convenience to save Whole Foods from the ire of its activist shareholders.
The battle lines in Broadcom's hostile takeover bid of Qualcomm are still being drawn, but analysts see a handful of pivotal issues that could tip the scales for each side.
Murray Goulburn, Australia's largest dairy exporter, is locked in a three - way takeover battle with Bega Cheese and Canada's Saputo for control of WCB, and is the only bidder yet to clear its external regulatory hurdles.
See also, Blair Speedy, «Dairy battle takes political twist as tribunal calls for input on Warrnambool takeover» (The Australian, 8 January 2014)
While Williams built his reputation on deals such as the merger of fertiliser giants Incitec and Pivot and more recently by advising Bega Cheese in the takeover battle of Warrnambool Cheese & Butter, he has dabbled in small pharma companies for years.
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.
Australia's largest privately owned milk processor, United Dairy Power, has backed Canadian dairy giant Saputo's bid for control of Warrnambool Cheese & Butter in a fierce $ 500 million - plus takeover battle with Victorian farmer co-operative Murray Goulburn.
Murray Goulburn's takeover ambitions may not be dimmed by its defeat in the battle for Warrnambool.
The battle royal for one of the UK's oldest and biggest engineering firms took another significant twist on Tuesday as the government prompted would - be-acquirer Melrose to offer a number of legally binding commitments if its # 8bn takeover of GKN is successful.
The DCCC's initial reservations are notable because they include crowded media markets where statewide races and candidates will also be battling for airtime with House Democrats» takeover targets.
Odato, who's covered state politics for the paper since 1997, shares his thoughts on the ongoing budget battle in Albany, the likelihood of a Democratic takeover of the state Legislature and possible pay hikes for New York lawmakers.
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The Department for Education (DfE) has been ordered to reveal how much it paid new academy sponsors to takeover failing schools, after a 12 - month legal battle concluded in favour of transparency campaigners.
Designed exclusively for use with the optional Supertruck, Takeover mode is a bit like Battle mode, but instead of being the King, you get to drive the truck when you hit it with a weapon.
They also discuss Nintendo's «Nindies» showcase, Ubisoft winning their battle against hostile takeover, the newly revealed Atari VCS, and Epic Games releasing all Paragon assets to Unreal Engine 4 developers for free.
Part object, part installation, this teenage vandal's bedroom - turned - graffiti - battle - station gives glimpses of plans for an imaginary artistic takeover.
Last year a Linklaters team including Elliot and Middleditch advised as a consortium led by RBS acquired Dutch banking giant ABN Amro for $ 71bn (# 55.9 bn) after a marathon hostile takeover battle.
After almost a year of battling, it only took a day for Simon Property Group and Westfield America to decide to terminate their hostile takeover bid for rival REIT Taubman Centers.
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