Sentences with phrase «takeover offer after»

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

Iluka Resources looks set to snare Irish company Kenmare Resources after proposing a scrip takeover offer valued at $ 363 million.

BC Iron is one step closer to completing its $ 256 million takeover bid for the Kerry Stokes - backed Iron Ore Holdings, after major shareholder Australian Capital Equity yesterday accepted the offer.

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.

Metals X's $ 82 million takeover offer for embattled copper miner Aditya Birla Minerals won't succeed after the target's largest shareholder said it wouldn't be accepting the offer.

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.

Phoenix Gold shareholders will be hoping for an improved takeover offer from Evolution Mining, after a proposal to acquire the business was knocked back by Phoenix directors today.

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.

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.

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.

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.

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 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.

LONDON The independent directors of pay - TV group Sky said they were withdrawing their recommendation of a takeover bid from Rupert Murdoch's Fox after U.S. cable company Comcast Corp trumped it with a 22 billion pound ($ 30.68 billion) offer.

Speaking after Beach completed the $ 1.585 billion takeover of Origin Energy's Lattice Energy division, the owner of 50 per cent of Waitsia, Mr Kay said Beach is «watching closely» developments at AWE, which has attracted three takeover offers and looks set to agree to a $ 602 million cash bid from Japan's Mitsui.

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.

Treasury Wine Estates will cut 175 staff from Monday as they press on with plans to boost earnings and slim down the winemaker, after rejecting a $ 3.05 billion takeover offer from Kohlberg Kravis Roberts.

He said renewed interest in the sector was typical after a significant takeover bid, such as Woolworths SA's offer for David Jones.

Saputo has been barred from processing acceptances for its offer after Murray Goulburn made a submission to the Takeover's Panel claiming the Montreal - based group had contravened the truth in takeovers provision.

On Thursday Mr Irvin also said the board will consider raising its own takeover offer for WCB as early as next week, after Bega received the all clear from the competition regulator.

The Takeovers Panel has asked for public submissions to shape its guidance note on dividends in takeovers after being forced to intervene in Saputo's messy offer for WarTakeovers Panel has asked for public submissions to shape its guidance note on dividends in takeovers after being forced to intervene in Saputo's messy offer for Wartakeovers after being forced to intervene in Saputo's messy offer for Warrnambool.

Saputo, which owns 16.9 per cent of WCB, was compelled to change its offer this week after the Takeovers Panel ruled it had misled shareholders in relation to the franking value of two WCB dividends under a previous offer.

Jô was technically signed just before the takeover was completed but he was contracted to the club for three years after despite offering very little on the club's investment.

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.

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

MIL: After all the shenanigans (spinoffs, rights offerings, takeover and name change) over the past two years it's nice to see that MIL is concentrating on investing its capital; recently they made a small purchase of an iron ore mine in Missouri.

Linklaters and Paul Weiss Rifkind Wharton & Garrison have taken the lead roles on Kraft Heinz's multibillion - dollar bid for Unilever, a deal that has been called off after the US food company withdrew its takeover offer.

«Family Dollar Stores Inc. (FDO) shareholders approved an $ 8.74 billion takeover offer from Dollar Tree Inc. after a six - month battle, spurning a higher offer from Dollar General Corp. (DG) that they considered too risky.»

Macerich has been under pressure to boost shareholder value after spurning a takeover offer from Simon Property Group Inc. earlier this year.