Sentences with phrase «takeover offer»
A "takeover offer" refers to a proposal made by one company to acquire or buy another company. It is an invitation or offer extended to the shareholders of the target company to sell their shares and transfer ownership to the acquiring company. Full definition
It's not so prudent to give examples of current takeover offers, as price volatility and news flow can change things all too quickly.
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As you can see, no value's being assigned to intellectual property in this particular takeover offer.
Canadian dairy giant Saputo has extended its $ 9 - a-share, cash takeover offer for Warrnambool Cheese & Butter as it awaits the Takeovers Panel's ruling on whether it has misled shareholders with its revised bid.
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.
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.
Funds were scorched by SAI Global and Treasury Wine Estates in the past month, and are still reeling from GrainCorp's rejected takeover offer last year.
Warrnambool Cheese & Butter chief executive David Lord has called on shareholders to accept Canadian giant Saputo's $ 500 million - plus takeover offer as WCB gets set to formally reject Murray Goulburn's rival bid in its target's statement.
«Lion has no current intention to accept Saputo's takeover offer in relation to WCB.
The struggling Melbourne - based co-operative revealed last month it had asked Deustche Bank to seek detailed «proposals» from third party bidders, including takeover offers.
Pilbara - focused Flinders Mines has recommended its shareholders accept an improved takeover offer from private New Zealand company Todd Corporation that values the target at about $ 74 million.
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.
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.
Shareholders of Sprint Nextel Corp (S.N.) voted on Tuesday in favor of a sweetened takeover offer from SoftBank Corp (9984.
For example, in late 2010, it dropped its $ 2 - billion U.S. hostile takeover offer for Casey's General Stores after competitor 7 - Eleven outbid it.
Murray & Roberts makes takeover offer for Clough.
In December, the company had received an unsolicited takeover offer from an unnamed buyer, which Gusella refused.
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.
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.
** Hedge fund Meditor Capital Management, already Carpetright's biggest shareholder, has raised its stake to just under the threshold at which it would be required to make a formal takeover offer for the struggling British retailer.
Lavendon, a longstanding client of Stephenson Harwood, was subject to several competing takeover offers from Loxam and TVH Group, with Loxam, the largest supplier of aerial platforms and powered access units in Europe, succeeding against the Belgian TVH Group.
The Takeovers Panel has blocked a major shareholder of Finders Resources from accepting the recent takeover offer after the corporate watchdog submitted an application to the panel.
Any potential foreign takeover offer for BlackBerry would face a review by Ottawa over the national security implications, said Treasury Board president Tony Clement.
Steve Johnson appears alongside James Daggar - Nickson on the Ticky Fullerton show discussing Brambles, Telco companies and the withdrawal of the Kraft takeover offer for Unilever.
Shares in Sundance Resources have shot up by more than 11 per cent after it accepted a reduced takeover offer from China's Hanlong Mining.
Iluka Resources looks set to snare Irish company Kenmare Resources after proposing a scrip takeover offer valued at $ 363 million.
The board of local seafoods business Mareterram intends to accept a $ 19.7 million proportional takeover offer from the company's largest shareholder.
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.
Perth company Metals X has made a surprise takeover offer for embattled copper miner Aditya Birla Minerals, in a bid which values the target at about $ 86 million.
AkzoNobel shareholders that are angered by the Dutch group's rejection of a 26.3 billion euro takeover offer from rival PPG Industries, have taken their fight to court Monday.
Macmahon Holdings, which recently lost its chief executive after a big earnings downgrade, has blamed a false email chain discussing a supposed Chinese takeover offer, for a temporary trading halt today.
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.
In September, BlackBerry received a conditional takeover offer from Fairfax Financial (TSX: FFH), BlackBerry's largest shareholder, worth $ 9 per share.
Stephen Barker of CLSA said the Shire board's recommendation on the Takeda takeover offer means the deal will likely be completed.
On Monday, news broke that a special advisory committee for Nordstrom's board rejected the family's initial takeover offer.
In June, Bloomberg reported the firm turned down multiple takeover offers because they believed the purchase offers did not properly value the firm.
AWE has attracted a third takeover offer, with Japanese heavyweight trader Mitsui lobbing a bid that trumps Mineral Resources» one.
During the March quarter, the Fund was fortunate to have 5 % of its holdings (two issues, actually) attract takeover offers.
Already, David Jones, Australand and Treasury Wine Estates have accepted or defended takeover offers that will, or could, see them disappear from the bourse.
Moore said Bega Cheese may take another bite at Warrnambool and put forward a fresh takeover offer.
The Australian Competition and Consumer Commission said on Thursday it will not oppose Bega Cheese's proposed acquisition of WCB, paving the way for Bega to forge ahead with an unconditional takeover offer.
Updated Wholesale food supplier Goodman Fielder has received what it calls an «opportunistic» takeover offer following a profit downgrade and the warning of further write - downs in the near future.
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.
But Murray Goulburn's case was due to be heard on February 10 and the Saputo offer was set to close its live takeover offer on January 22.
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.
The just - drinks Weekly Round - Up On just - drinks last week: After having to deny recent M&A speculation, Treasury Wine Estates confirmed on Tuesday that it has received a full takeover offer....