Sentences with phrase «target of a takeover bid»

Bitter fight for Coopers coming to a head Coopers, the South Australian brewer currently the target of a takeover bid from Lion Nathan, has called an extraordinary general meeting where shareholders... read more

A document that must be sent to all shareholders by the directors of a company that is the target of a takeover bid.

If you already own shares in a company and it's the target of a takeover bid, you should carefully read the bidder's statement to see if the offer is for shares in a company with operations or assets overseas.

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

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.

Will the small players be casualties of bidding war?HOSTILE bids, friendly bids and counter bids.It is takeover time and major WA players such as North Limited and Woodside Energy are the targets.

The courtesy call that wasn't — at least from Limb's perspective — announced that Eramet would imminently take an unflagged $ 269 million takeover bid to the shareholders of Mineral Deposits and that it would do so from a position of strength after acquiring rights over 13.3 per cent of its target.

Mineral Resources now has three days to match Mitsui's $ 602 million takeover offer for AWE or lose the recommendation of the target's board for its lower bid.

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.

Prior to the takeover bid rule changes, issuers targeted by unsolicited bids had made frequent use of such plans to extend the time available to respond.

• Remain open for a minimum deposit period of 120 days, unless the target board states in a news release an acceptable shorter deposit period of not less than 35 days, in which case the shorter period would apply to all concurrent takeover bids.

This year, the Canadian securities regulator will propose significant changes to the takeover bid regime with the goal of providing target boards more time to respond, but will it serve to actually dampen merger and acquisition activity in the country?

In Canada, a takeover bid made directly to shareholders is the only way to acquire legal control of a public company without the consent of the target board.