Sentences with phrase «takeover bids in»

Securities regulators made the right move this year when they extended the minimum bid period for takeover bids in Canada, says a new C.D. Howe Institute report.

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

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).

The Ontario Securities Commission has intervened in the first major hostile takeover bid in the brief history of Canada's cannabis industry

SABMiller Accepts Budweiser Takeover Bid in Wake of Rising Craft Beer Sales: The King of Beers, Budweiser, grows its worldwide beverage empire.

Reports have suggested that SABMiller launched its Heineken takeover bid in order to safeguard itself against an approach from AB InBev.

Not exact matches

GREG Evans has got off to a flying start in his new role as KPMG's global leader of mining M&A, with one of the firm's major clients announcing its first takeover bid last week.

Cramer was also burned on Pfizer's aborted takeover bid for drug company Allergan, which had an overseas taxation rate that would allow the company to pay lower taxes than if it were based in the U.S.

In 1995, the pension plan had co-funded the McCains» takeover bid for Maple Leaf Foods from British company Hillsdown PLC, and held a 35 % stake since then.

And, sure enough, in November, she launched a hostile US$ 16.7 - billion takeover bid.

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.

The takeover bid for Aquila Resources took an unexpected turn today when a mystery buyer, believed to be Mineral Resources, spent about $ 192 million buying a large stake in the Perth company, paying well above the bid price.

Neon Energy chairman Alan Stein has warned the company's shareholders against taking any action towards a takeover bid it received earlier in the month.

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.

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.

Calgary - based CP, Canada's second - largest railroad operator, launched its takeover bid for Norfolk Southern in mid-November, touting potential savings of more than $ 1.8 billion annually.

Jaime Katz, Morningstar analyst, discusses Hasbro's takeover bid for Mattel and whether the toy business is in decline.

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.

In what looks to be an astute move, Calima Energy is set to race from 20 % to outright ownership of its coveted Montney shale liquid / gas project in Canada through friendly, all - scrip takeover bids for its joint venture partnerIn what looks to be an astute move, Calima Energy is set to race from 20 % to outright ownership of its coveted Montney shale liquid / gas project in Canada through friendly, all - scrip takeover bids for its joint venture partnerin Canada through friendly, all - scrip takeover bids for its joint venture partners.

TDC had said in a statement late Wednesday it had turned down an indicative takeover bid from the consortium, noting «it is not in the best interest of TDC's...

Still, the takeover bid pushed up the value of Ackman's large stake in Allergan, netting Pershing billions of dollars, and the hedge fund manager says the experience helped him realize the value in serial acquirers.

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.

Just how Tribune (TPUB) would mount a hostile takeover bid for Gannett (GCI), a company that is more than four times its size in terms of stock - market value, is unclear.

Nearly three years after launching what seemed destined to be a hostile takeover bid, Vivendi has decided to sell off its holdings in Ubisoft.

In a record year for U.S. M&A, with $ 2.18 trillion in deals, according to Dealogic, hostile takeover bids have also surged, worth more than 14 % of the total value of transactionIn a record year for U.S. M&A, with $ 2.18 trillion in deals, according to Dealogic, hostile takeover bids have also surged, worth more than 14 % of the total value of transactionin deals, according to Dealogic, hostile takeover bids have also surged, worth more than 14 % of the total value of transactions.

Yes, biopharma M&A drama swept industry observers today as reports emerged that the rare disease drugmaker had rebuffed a $ 62.5 billion takeover bid from Takeda but that Botox maker Allergan was also interested in getting in on the action.

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.

Chinese steel giant Baosteel and listed railway operator Aurizon have cleared a key hurdle in their $ 1.4 billion joint takeover bid for Perth - based Aquila Resources, with the Foreign Investment Review Board giving the green light to the proposed deal.

The Waterloo, Canada - based tech company announced today that Fairfax Financial Holdings, the investment firm that proposed the takeover bid but was unable to raise the necessary funds, will instead invest $ 1 billion in BlackBerry.

On Tuesday, T. Rowe Price joined the investment firm Southeastern Management in opposing the Dell takeover bid.

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.

He initially joined the company's board «to keep the company in Canada and make sure it survives and exists in Canada,» he told the Associated Press shortly after his takeover bid was made public.

GROCERY wholesaler Metcash Trading has pledged to sell all of the Action supermarkets across Australia to independent owners should it succeed in its takeover bid for Foodland.

Wayne is a proven senior executive and lawyer with over 25 years business experience, most recently as Executive Vice-President of Kingsdale Shareholder Service, a company involved in providing strategic consulting and other services to companies involved in takeover bids and proxy fights.

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.

CCGG Executive Director quoted in the Globe and Mail with regard to the CSA's new takeover bid rules

U.S. law would require VW to issue a formal takeover bid for Navistar once the German manufacturer raises its stake in the U.S. peer above 17 percent, VW said.

Cigna believes a merger with Anthem would create a health insurance powerhouse, but the Connecticut - based insurer is still rejecting a $ 53.8 billion takeover bid from its larger rival, saying the offer is not in the best interest of shareholders.

David Pyott had been the CEO of Allergan for nearly 17 years in April 2014, when Valeant Pharmaceuticals and Pershing Square Capital Management initiated the hostile takeover bid described in the accompanying article «The Error at the Heart of Corporate Leadership.»

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.

Broadcom Ltd. is considering a bid of more than $ 100 billion for Qualcomm Inc., according to people familiar with the matter, in what would be the biggest - ever takeover of a chipmaker.

The agency suggested in a letter that the proposed hostile takeover bid could pose a national security threat to the US, and ordered the target company to postpone its annual shareholder meeting.

Soon - Shiong's Nant Capital, a California - based technology firm, became Tronc's second - largest shareholder in June 2016 and that investment helped Tronc fend off a hostile takeover bid from Gannett, whose last offer was $ 864 million for the company.

Soon - Shiong's Nant Capital, a Culver City technology firm, became Tronc's second - largest shareholder in June 2016, and that investment helped Tronc fend off a hostile takeover bid from Gannett, whose last offer was $ 864 million for the company.

Wuthelam initiated a takeover in 2013, but later retracted its bid after engaging with Nippon Paint and reevaluating their capital relationship.

AWE said on Wednesday it has reached agreement with Mitsui, one of its longstanding partners in other oil and gas ventures, on the terms of a «bid implementation deed» to enact the takeover proposal.

Takeover target Godfreys has warned of soft trading over the past few weeks, which would have caused it to technically breach a covenant, it has already received a waiver from, in a lending agreement with the 99 - year - old major shareholder who launched a cash bid for the company two weeks ago.

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