Sentences with phrase «takeover offer in»

On Tuesday, Lion said: «Further to the statement issued on January 23, 2014 and following a request for clarification from ASIC, Lion confirms that it has no current intention to accept Saputo's takeover offer in relation to Warrnambool Cheese & Butter, although it reserves the right to do so.»

«Lion has no current intention to accept Saputo's takeover offer in relation to WCB.

There might be a hint of Evan Spiegel — the Snapchat CEO who turned down Facebook's $ 3 - billion takeover offer in 2014 — in Green's interest in forging his own path, but Brown says it's a sign of the self - determination his friend has always had.

Not exact matches

According to the Wall Street Journal, Facebook offered Snapchat US$ 3 billion for a takeover in late November.

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.

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.

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.

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.

The family that holds a majority interest in Diploma Group has formally launched a takeover offer for all shares it doesn't own in the business, at a bargain basement price of 1.5 cents per share.

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.

Energy giant Woodside Petroleum is considering growth opportunities in Papua New Guinea, announcing today it was evaluating a takeover offer for Oil Search through an all - scrip deal valued at more than $ 11 billion.

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.

The takeover offer came in the wake of revelations that Chinese hackers broke into computers at the National Research Council in 2014.

Over the past week, two advisory firms recommended TMX Group shareholders vote in favour of the proposed merger with the London Stock Exchange on June 30, and reject the rival takeover offer from the Maple Group.

Boxed, which sells bulk staples like toilet paper and pet food to shoppers» doorsteps, expects it may receive takeover offers from other retailers besides Kroger in coming weeks, the person said.

Then in 2006, iStock's founders accepted a US$ 50 - million takeover offer from the most aggressive of those big agencies, Getty Images.

Calima is offering 3.33 shares for every share in TSV Montney and one share for every TSV Montney option, valuing the takeover target at $ 14.39 million.

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).

Gannett, which owns papers like USA Today and the Detroit Free Press, threw the first punch in April with an $ 815 - million takeover offer for Tribune, whose major assets are the Los Angeles Times and the Chicago Tribune.

In that time, the two sides will work on the terms and conditions of the takeover offer as well as the financing of the deal.

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.

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.

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.

In a record year for U.S. M&A, with $ 1.9 billion in deals, according to Dealogic, hostile takeover offers have also surged, worth 14 % of the total value of transactionIn a record year for U.S. M&A, with $ 1.9 billion in deals, according to Dealogic, hostile takeover offers have also surged, worth 14 % of the total value of transactionin deals, according to Dealogic, hostile takeover offers have also surged, worth 14 % of the total value of transactions.

Maple is offering $ 48 in cash and shares for the TMX, representing a 24 % premium to the LSE merger — which it calls a «takeover» in its press release — as of May 12.

In December, the company had received an unsolicited takeover offer from an unnamed buyer, which Gusella refused.

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.

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.

In September, BlackBerry received a conditional takeover offer from Fairfax Financial (TSX: FFH), BlackBerry's largest shareholder, worth $ 9 per share.

Britain's takeover regulator ruled that Walt Disney must make an offer for the whole of European pay - TV company Sky if it succeeds in buying Twenty - First Century Fox assets.

In addition, these provisions may make it difficult and expensive for a third party to pursue a tender offer, change in control or takeover attempt that is opposed by the Principal Stockholders, our management or our Board of DirectorIn addition, these provisions may make it difficult and expensive for a third party to pursue a tender offer, change in control or takeover attempt that is opposed by the Principal Stockholders, our management or our Board of Directorin control or takeover attempt that is opposed by the Principal Stockholders, our management or our Board of Directors.

OVERLAND PARK, Kansas (Reuters)- Shareholders of Sprint Nextel Corp (S.N) voted on Tuesday in favor of a sweetened takeover offer from SoftBank Corp (9984.

Any board of directors would have to consider a takeover offer if it appears to be one in the best interest of the company's shareholders.

Certain provisions of Delaware law and certain provisions that will be included in our amended and restated certificate of incorporation and amended and restated bylaws summarized below may be deemed to have an anti-takeover effect and may delay, deter, or prevent a tender offer or takeover attempt that a stockholder might consider to be in its best interests, including attempts that might result in a premium being paid over the market price for the shares held by stockholders.

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.

While the $ 2.36 per share offer only implies a «small» 15 per cent takeover premium to Deutsche's $ 2.05 price target, the research team points to «recent operational risks in the hospital portfolio, the execution risks of the Northern Beaches greenfield project and our lower revenue growth outlook for the private hospital industry.»

BGH Capital's $ 4.1 billion takeover offer of Healthscope is «reasonable,» Deutsche Bank analysts told clients in a research note.

As manager of the firm's Corporate Governance Consulting Group with over 30 years of experience in the field, Bill has guided companies through a wide range of governance and takeover challenges, including contentious shareholder proposals and compensation - based initiatives, proxy contests, tender offers, and other corporate control matters.

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.

Jayant shares some of his best ideas in the segment, including arbitrage opportunities currently offered by pending takeovers — which is an area that generally doesn't receive much attention, but seems to harbor quite a bit of potential.

With its Finish Line buyout, this company's stock «offers excellent value» JD Sports Fashion's takeover of the ailing Indianapolis - based retailer makes sense, analysts sayAs Finish Line, the U.S. athletic shoe chain, becomes British, buying shares in its expansion - minded acquirer could be a slam dunk.

However, these provisions may have the effect of delaying, deterring or preventing a merger or acquisition of our company by means of a tender offer, a proxy contest or other takeover attempt that a stockholder might consider in its best interest, including attempts that might result in a premium over the prevailing market price for the shares of Class A common stock held by stockholders.

The consideration offered to the outstanding minority shareholders whose shares are compulsorily acquired under the U.K. Companies Act 2006 must, in general, be the same as the consideration that was available under the takeover offer.

Alixe concentrates her legal practice in the areas of initial public offerings, follow - on offerings, reverse takeovers, capital pool corporations, qualifying transactions, mergers & acquisitions, secondary listings and exempt market financings (more).

These provisions are not intended to make us immune from takeovers and will apply even if the offer may be considered beneficial by some stockholders, but could delay or prevent an acquisition that our board of directors determines is not in the best interests of our company and our stockholders.

These provisions are intended to avoid costly takeover battles, reduce our vulnerability to a hostile change in control or other unsolicited acquisition proposal, and enhance the ability of our board of directors to maximize stockholder value in connection with any unsolicited offer to acquire us.

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.

In June, Bloomberg reported the firm turned down multiple takeover offers because they believed the purchase offers did not properly value the firm.

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.

The original bidder, China Energy Reserve and Chemical Group, has still kept its hand in the game by lodging a bidder's statement last week, even though its 73 cents a share takeover offer is well out of the game.