Sentences with phrase «takeover bids by»

More than $ 800 million in market value has been shredded from two ASX - listed companies, Treasury Wine Estates and quality assurance group SAI Global, since proposed takeover bids by private equity firms fell flat.

HARDMAN Resources Ltd received a friendly $ 1.47 billion takeover bid by Irish company, Tullow Oil on Monday.

Unilever (ULVR.L)(UNc.AS) is trying to sell its margarines business after rebuffing a takeover bid by Kraft Heinz (KHC.O), while Reckitt Benckiser Group (RB.L) is selling its French mustard business.

By: Natasha Odendaal 4th August 2016 Shareholders of Canadian firm Nordex Explosives have one month to accept a now - formal fully funded, all - cash inflated takeover bid by JSE - listed Omnia Group.

Only Coopers Brewery, which is 151 years old, remains Australian - owned after rebuffing an aggressive takeover bid by Lion in 2005.

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.

And then there was the failed hostile takeover bid by Broadcom Ltd. (AVGO).

The critical response and strong sales could bolster developer Rockstar's publisher Take Two, which is the subject of a takeover bid by games giant Electronic Arts (EA).

Last week Copenhagen - based global services firm ISS, which embraced a $ 2.5 billion IPO after rejecting a takeover bid by Apax Partners earlier this year, postponed its planned listing due to a skittish stock market.

However, this approach is not always possible, especially when considering that 2017 was bookended by an # 18.5 bn takeover bid by 21st Century Fox and a # 22.1 bn approach from broadcasting giant Comcast.

TTP was the subject of a takeover bid by Motorola.

The reverse takeover bid by AIM - listed Work Group values the acquisitive law firm at # 18.75 m.

M&A developments were not so peaceful and happy in Canada, where the Special Committee formed by Patheon's Board called a takeover bid by JLL Partners «substantially undervalued, opportunistic and structurally coercive.»

Then in September 2016, Poundland accepted a # 610m takeover bid by South African retail group Steinhoff International.

Coincheck, the Tokyo - based cryptocurrency exchange that has been struggling to get back on its feet since it suffered a devastating hack on January 26, 2018, has agreed to accept a takeover bid by Monex Group, a Japanese online...

Coincheck, the Tokyo - based cryptocurrency exchange that has been struggling to get back on its feet since it suffered a devastating hack on January 26, 2018, has agreed to accept a takeover bid by Monex Group, a Japanese online brokerage firm.As part of that, Chief Operating Officer at Monex Toshihiko Katsuya will to take over as Coincheck's new president, while Coincheck's founding President Koichiro Wada and Chief Operating Officer Yusuke Otsuka will step down, according to Nikkei Asian Review.

CEO Robert Taubman insists that they won, too, even if analysts criticized the family for putting its interests before its investors in rejecting a takeover bid by Simon Property Group and Westfield America.

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

Recently, the fate of CNOOC's bid for beleaguered Calgary oilsands producer Nexen became even more uncertain after the federal government blocked a $ 6 - billion takeover of Progress Energy Resources Corp. by Malaysia's Petronas at the eleventh hour.

Shareholders will vote on a rights plan devised by management to thwart Icahn's takeover bid in Toronto on May 4.

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.

Broadcom said its $ 121 billion acquisition proposal for Qualcomm is the «best and final» offer after the target's board unanimously rejected the sweetened bid, likely leaving the future of the hostile takeover bid to be decided by shareholders next month.

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

Last week, Canadian Pacific Railway made a $ 28.4 billion takeover bid for Norfolk Southern that would create North America's third - largest railroad by revenue behind Union Pacific and BNSF.

Ablynx said it rejected Novo's latest takeover approach and analysts predict the Danish group, whose new chief executive is seeking growth by buying drugs developed by competitors, might face counterbidders and would need to raise its bid.

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.

Prime Minister Harper and the Conservatives will hopefully take these risks into account when they shortly announce their stance on the takeover bids submitted by Petronas and CNOOC, for Progress Energy Resources and Nexen, respectively..

Valeant, backed by activist investor Bill Ackman, whose Pershing Square Capital Investment holds some 10 per cent of Allergan stock, originally announced its takeover bid back in April and has since boosted it twice to some US$ 53 billion.

Its board of directors is supporting the Loblaw takeover bid but the deal requires approval from at least two - thirds of the votes cast by QHR shareholders at a special meeting to be held in October.

Under takeover rules in the U.K., where SABMiller has its primary listing, ABI was required to make a formal offer by Wednesday evening in London, or else withdraw its interest, after having declared its intention to bid last month.

The current $ 2.2 - billion bid by Chinese state - owned Sinopec for Calgary's Daylight Energy marks the first time a Chinese company has attempted a 100 % takeover of a Canadian oil and gas producer.

While Cramer could argue that both CBS and Fox still have hidden value that could be unlocked by takeover bids, he was more taken by what Netflix may still have to offer.

The stop imposed by President Trump to Singapore - based Broadcom's $ 117 billion dollar hostile takeover bid for US chip maker Qualcomm may not stop cross-border acquisitions but sets a precedent for foreign deals.

Starwood Hotels & Resorts has received a rival takeover bid worth about $ 14 billion from a group of investors led by a Chinese firm that's been quite active in buying up U.S. hotel properties, including the Waldorf - Astoria.

This is already happening with the takeover bid for Canexus Corp. (TSX: CUS) by Chemtrade Logistics Income Fund.

Anglo - Dutch rival Unilever, which this year rebuffed a $ 143 billion takeover bid from Kraft Heinz, has set a goal of 20 percent for its underlying operating profit margin by 2020.

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.

As an investor in Botox - maker Allergan, Ackman is the driving force in favour of a hostile takeover bid of Allergan by Montreal's Valeant Pharmaceuticals.

by Anita Anand This week, the Ontario Securities Commission and British Columbia Securities Commission simultaneously heard a case relating to the hostile takeover bid that Idaho's Hecla Mining Co. has launched for Dolly Varden Silver Corp., a junior issuer based in British Columbia.

The Trump administration, for instance, recently blocked the takeover bid of U.S company Qualcomm by the Singapore - based Broadcom, on national security grounds.

Gannett is ramping up its efforts to acquire Tribune Publishing by going directly to shareholders, but not going so far as to initiate a hostile takeover bid for the Chicago - based publisher of the Chicago Tribune and Los Angeles Times.

USA Today owner Gannett has boosted its takeover bid for Tribune Publishing Co. by about 22 percent one week after the owner of the Los Angeles Times, Chicago Tribune and other newspapers adopted a «poison pill» plan to thwart the unsolicited offer.

If Aecon's takeover by Chinese state - owned CCCC is approved, the new company would likely bebarred from bidding and working on the Gordie Howe International Bridge — a highway bridge that will connect Windsor to Detroit.

The transaction started out as a hostile takeover bid, with Aurora entering into a lock - up agreement with four major CanniMed shareholders.CanniMed's management retaliated by adopting a tactical shareholder rights plan, which was in turn challenged in court (and ultimately stuck down as an improper defensive tactic).

Comcast has submitted a $ 31 billion bid to buy Sky, prompting the European pay - TV operator to drop its backing for a takeover by Fox and setting up a bidding war.

«To ensure public shareholders are not disadvantaged, any takeover bid would need to be put to a shareholder vote and any recommendation by the board would have to be based on an appropriate premium as well as safeguards for future probity given past track records of the businesses controlled by the Murdoch family», said Kieran Quinn, chairman of Britain's Local Authority Pension Fund Forum (LAPFF).

Qualcomm has established a new severance program for non-executive employees that's triggered by a change of control as it faces a hostile takeover bid from rival Broadcom.

KKR and New York - based Rhone lodged a formal takeover bid for Treasury at around 5 pm on Friday, while TPG also did likewise in time to meet a secret deadline put in place by the Treasury board and its advisers from Goldman Sachs.

He says it should hand over the keys to the United States private equity firms led by KKR & Co, who've made an enhanced $ 3.4 billion takeover bid and let them fix it up, away from the spotlight of being listed on the Australian Securities Exchange.