Xerox wants to replace HP board that rejected takeover bid
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Chipmaker Qualcomm is fending off a takeover bid by Broadcom.
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Spain's CNMV on Monday approved Hochtief's takeover bid for Abertis.
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Takeda Pharmaceutical fell sharply after it sweetened its takeover bid.
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Shanta Gold canceled a takeover bid for Helio Resource Corp.
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Go deeper: Anadarko calls Occidental's takeover bid "superior" to Chevron's
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Aurora launched a hostile takeover bid for CanniMed in November.
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The hostile takeover bid is dead, killed by President Trump.
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Ends partial and voluntary takeover bid on its own shares.
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VI) will go ahead with a takeover bid for Osram (OSRn.
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Kuka is the target of a takeover bid by China's Midea.
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For Prudential the risk is it faces an opportunistic takeover bid.
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Teva launched a hostile takeover bid in April 2015 for Mylan.
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Shares of Medivation soared above Sanofi's takeover bid in trading Thursday.
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" Clovis Oncology: "People think it's going to get a takeover bid.
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Monsanto rejected a second takeover bid, of $64 billion, from Bayer.
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Time for Ticket Srl takeover bid on Best Union shares ends.
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Greene King's investors are yet to vote on the takeover bid.
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A vote on the takeover bid is scheduled for Dec. 11.
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Connecticut Water has rejected a $748 million takeover bid by Eversource.
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O) launched a surprise $143 billion takeover bid for Unilever (ULVR.
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Fox had first approached Sky about a possible takeover bid last week.
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In November, it rebuffed a $103-billion takeover bid by Broadcom Ltd.
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O, having been particularly irritated that the company rejected a takeover bid.
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Fenice SpA takeover bid on Zephyro shares starts; ends on Oct. 1.
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Quarantacinque takeover bid on CAD IT shares starts; ends on April 6.
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" Avid Technology: "I always wondered why they don't get a takeover bid.
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Saes Getters ends partial and voluntary takeover bid on its own shares.
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In 2014, it rejected a $588 million takeover bid from Time Warner.
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It requires 50 percent of Faroe's shareholders to back its takeover bid.
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Headlines Sports Direct says it may launch takeover bid for Debenhams on.ft.
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Ten rejected a $588 million takeover bid from Time Warner Inc TWX.
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HKEX made an unsolicited $20053 billion takeover bid for LSE on Sept.
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That would be the same board that unanimously rejected Xerox's takeover bid.
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In April 2016, B&O rejected a takeover bid from Sparkle Roll.
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In April 2016, B&O rejected a takeover bid from Sparkle Roll.
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HKEX makes an unsolicited $39 billion takeover bid for LSE on Sept.
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On Monday, employees at Gannett-owned newspapers celebrated the spurned takeover bid.
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Last week the company's board rejected a $300 million takeover bid involving Charney.
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Hershey's board of directors unanimously rejected Mondelez's $23 billion takeover bid on Thursday.
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IS IT possible to reject a takeover bid that has not been made?
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Senn quit on December 1 following a failed takeover bid for Britain's RSA.
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Orizzonti holding SpA takeover bid on Fullsix shares starts; ends on Sept. 10.
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The surprise $143 billion takeover bid by Warren Buffett-backed Kraft Heinz KFT.
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After several weeks of courtship, Shire accepted Takeda's takeover bid of £113bn ($211bn).
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Navient had turned down a $12.50 per share takeover bid earlier this week.
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McCormick & Co. — McCormick dropped its takeover bid for British food company Premier Foods.
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McCormick & Co. (MKC) dropped its takeover bid for British food company Premier Foods.
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He said the takeover bid for Abertis was "flexible", depending on the situation.
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Deals • HP rejects Xerox's sweetened takeover bid, which is now worth $35 billion.
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Kuka is the target of a takeover bid by China's Midea (000333.SZ).
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Deals • Barrick Gold unveiled a $17.8 billion unsolicited takeover bid for Newmont Mining.
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First was another takeover bid in the entertainment industry, with Lions Gate buying Starz.
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Pluto Italia SpA starts mandatory takeover bid on Snaitech shares; ends on July 1003.
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L) is considering a takeover bid for low-cost carrier Norwegian Air Shuttle (NWC.
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HE) will launch an 8.05 billion-euro ($9.5 billion) takeover bid for Uniper (UN01.
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Tribune Publishing — Tribune rejected Gannett's unsolicited takeover bid, saying it undervalues the company. Questions?
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"I think it reflects extremely badly on Barrick," Wright said of the takeover bid.
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UNICREDIT ENGAGES LAZARD AND JPMORGAN TO ADVISE ON A TAKEOVER BID FOR COMMERZBANK - SOURCES
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Bristow last February launched a hostile takeover bid for rival gold miner Newmont Corporation.
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Cairo's takeover bid on RCS MediaGroup shares starts on Monday, ends on July 2300.
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Sacyr launched a takeover bid for BBVA in 2004 but it was not successful.
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Apple and Amazon are joining forces to support Foxconn's takeover bid for Toshiba Corp.
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S) plans to launch a new takeover bid for German lighting group Osram (OSRn.
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DE) rejected an 8.05 billion euro ($9.5 billion) takeover bid from Finland's Fortum (FORTUM.
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In 21929, there was another takeover bid, this time from Oreo-owner Mondelez International.
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They will launch takeover bid on the Italian company at 66 euros per share.
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Euronext is studying a possible takeover bid of BME, Spanish newspaper Cinco Dias said.
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Actavis later bought Allergan, which faced an unwanted takeover bid by Valeant Pharmaceuticals International.
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Qualcomm took steps to refile a takeover bid for Dutch semiconductor company NXP Semiconductors.
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In 2016, there was another takeover bid, this time from Oreo-owner Mondelez International.
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A year later, he rejected a takeover bid from Microsoft, sending the stock plummeting.
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Broadcom shaved $3 per share off its hostile takeover bid for Qualcomm, to $79.
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SEPTEMBER 2019 HKEX made an unsolicited $2520 billion takeover bid for LSE on Sept.
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HK) made an unsolicited $39 billion takeover bid for the London Stock Exchange (LSE.
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HK) launched a takeover bid valuing the company at 4.6 billion euros ($5.23 billion).
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S) plans to launch a new takeover bid for German lighting group Osram (OSRn.
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SEPTEMBER 2019 HKEX makes an unsolicited $2520 billion takeover bid for LSE on Sept.
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SEPTEMBER 2019 HKEX makes an unsolicited $39 billion takeover bid for LSE on Sept.
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HP rejected a takeover bid from Xerox, which proposed the offer earlier this month.
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Sports Direct owns 29.7 percent of Debenhams but has ruled out a takeover bid.
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Deals • Barrick Gold called off a $17.8 billion hostile takeover bid for Newmont Gold.
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In November, Time rejected a takeover bid from Bronfman when he offered $18 per share.
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A takeover bid on the Italian drugmaker launched by Rossini has been extended until Feb.
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In November, Xerox offered HP $22 per share in its takeover bid for the company.
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Meanwhile, German-based Bayer launched a $62 billion takeover bid for St. Louis-based Monsanto.
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Osram waived a standstill agreement, paving the way for AMS to launch a takeover bid.
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Another person, who also could not be identified, also said he expected a takeover bid.
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Pipeline company Enterprise Products Partners on Thursday withdrew its takeover bid for rival Williams Cos.
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He said it was unrelated to Vedanta and he was not planning a takeover bid.
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The share price of the mandatory takeover bid will have to be aligned, FIMEI said.
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A full takeover bid would value the company at about 7.2 billion euros ($8.1 billion).
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MADRID (Reuters) - The Spanish government approved a takeover bid by Italian motorway operator Atlantia (ATL.
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Dali Italy Bidco SpA full mandatory takeover bid on Dada shares starts, ends on Jan.
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German construction company Hochtief has confirmed a takeover bid for Spanish toll road operator Abertis.
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The Bloomberg founder, Michael R. Bloomberg, even supported Comcast's takeover bid for Time Warner Cable.
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Porsche had amassed a huge stake in Volkswagen as part of an aggressive takeover bid.
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CD) said on Thursday it would make a hostile takeover bid for Aphria Inc (APHA.
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That thinking comes from Fox's unsuccessful $80 billion takeover bid for Time Warner in 2014.
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Oh, just a little-known committee with the power to kill the Qualcomm takeover bid.
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Breaking: Broadcom announced a roughly $105 billion takeover bid for Qualcomm, worth $70 a share.
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But Broadcom's takeover bid comes as big technology companies are facing ever more political scrutiny.
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I should say, we get approached when somebody, occasionally, when somebody has a takeover bid.
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PNE had been the subject of a takeover bid by a Morgan Stanley-backed fund.
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PA) rejected an 8.2 billion euro ($9.38 billion) takeover bid from rival Covea in September.
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Australia blocked a takeover bid by Shell for Woodside in 2001 on national interest grounds.
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Later this week, shareholders of Whole Foods are set to vote on Amazon's takeover bid.
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Deals • Aon won't make a takeover bid for a rival insurance broker, Willis Towers Watson.
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HRD Italia Srl mandatory full takeover bid on Gequity shares starts (0630 GMT); ends on Nov.
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Last year Generali fended off a takeover bid from Italy's biggest retail bank Intesa Sanpaolo (ISP.MI).
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Newmont and Barrick share many investors, and some had been unenthusiastic about the hostile takeover bid.
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The team began to consider what it viewed as the worst-case scenario: a takeover bid.
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Takeover bid by Baya Srl, Nous Srl and Nexte 1 Srl starts, ends on April 1003.
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O) said on Thursday it had rejected a $748 million takeover bid by Eversource Energy (ES.
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Whole Foods: There has been speculation that it will go private or catch a takeover bid.
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The company has been fighting a suspected hostile takeover bid by one of its largest shareholders.
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Medivation — Medivation may receive a takeover bid from British drugmaker AstraZeneca, according to London's Sunday Times.
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The price Hisense paid for shares it purchased outside the takeover bid has not been disclosed.
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Dutch cable operator Altice reportedly is considering a takeover bid for Charter Communications, a Stamford, Conn.
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In December it said it plans to announce a takeover bid for all shares of Gorenjska.
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MI) gave the go-ahead on Tuesday to a takeover bid for stricken rival Astaldi (AST.
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DM Invest Srl starts full mandatory takeover bid on Moleskine ordinary shares; ends on Dec. 1003.
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DE) has urged its shareholders to back a $21919 billion takeover bid from Austria's AMS (AMS.
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CNBC reported on Thursday that Xerox had offered HP $22 a share in the takeover bid.
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Microsoft's extraordinarily generous takeover bid harks back to a time of higher valuations for tech companies.
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Analysts have said the premium on the takeover bid of just five percent is very low.
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Augsburg-based Kuka is the target of a takeover bid by Chinese home appliance maker Midea.
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Then Energy Transfer Equity came along with a takeover bid that Williams resisted for some time.
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Deals • Wall Street analysts think HP's ultimate defense against Xerox's takeover bid is … to buy Xerox.
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Top shareholder Hitachi to launch voluntary takeover bid on Ansaldo STS at 12.70 euros per share.
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Hitachi Rail Italy Investments mandatory takeover bid on Ansaldo STS shares starts; ends on Feb. 5.
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Zurich Insurance last year abandoned a 5.6 billion pound ($8.22 billion) takeover bid for the firm.
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He suggested that HP's executives have been motivated by selfish reasons in rejecting the takeover bid.
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Gannett has laid off reporters across the country and recently fended off a hostile takeover bid.
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Engaged Capital said last month it had no intention to make a takeover bid for the company.
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Aphria (APHA) is the target of a hostile takeover bid from U.S. cannabis rival Green Growth Brands.
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According to Spanish merger law, the threshold for launching a full takeover bid stands at 30 percent.
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O) and target of a 232 billion Swiss franc ($2000 billion) takeover bid by Sunrise Communications (SRCG.
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AX) as its biggest shareholder, despite the failure of a A$240 million ($171 million) takeover bid.
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FCC said on Wednesday it has proposed a takeover bid for 100 percent of Cementos Portland Valderrivas.
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AWE's stock has risen more than 80 percent, since it received CERCG's takeover bid in late November.
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In Cramer's perspective, he deliberately decided not to make shareholders money by killing a fabulous takeover bid.
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That almost matched a 97 pence a share takeover bid from Britain's pension fund Universities Superannuation Scheme.
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CIAM questioned Kessler's opposition to the 8.2 billion euro takeover bid for SCOR last year from Covea.
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The takeover bid from Bain and Carlyle puts an equity value on Osram of 3.4 billion euros.
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It also comes about a year after Inmarsat turned down a $3.2 billion takeover bid from Echostar.
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CD) said on Tuesday it would make a second all-stock takeover bid for Aphria Inc (APHA.
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Just five years ago the stock traded at $15, compared to the $110 a share takeover bid.
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Hershey — Hershey will remain on watch today, after rejecting a $23 billion takeover bid from Mondelez yesterday.
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PAG launched a HK$5.24 billion ($671 million) unsolicited takeover bid for Spring REIT on Sept. 26.
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Less than a week ago, the company rebuffed a takeover bid from French drugmaker Sanofi, Bloomberg reported.
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Navient — Shares of Navient rose 9 percent following the company's rejection of a $3.2 billion takeover bid.
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The company said its board retains FGPA's takeover bid on a stake in the group as fair.
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Shares of Lynas rose 1.9 percent, after the company rejected a takeover bid by the conglomerate Wesfarmers.
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Monsanto, another big American firm, is the subject of a takeover bid by Bayer, a German one.
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Heagy declined to comment on the takeover bid for Inter Pipeline or whether other offers have emerged.
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DE) management's positive stance toward a 4.5 billion euro ($5 billion) takeover bid by China's Midea (000333.
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Then, this week, President Trump killed Broadcom's takeover bid on national security grounds, and Qualcomm shares plunged.
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Andrew writes: I received lots of feedback on my column about Broadcom's hostile takeover bid for Qualcomm.
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CVS shareholders appeared displeased at how expensive and cash-rich the takeover bid turned out to be.
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Fox and Disney will reschedule votes on Disney's takeover bid, which was originally set for July 10.
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The maneuver rescued Porsche's takeover bid, allowing the family company to acquire majority voting rights in Volkswagen.
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Also, Emerson Electric raised its takeover bid for Rockwell Automation to $29 billion, or $225 a share.
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FirstGroup, the owner of the Greyhound bus service, has rejected a takeover bid by Apollo Global Management.
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SPANISH WATCHDOG EXPECTED TO TAKE THREE TO FIVE MONTHS TO REVIEW SIX'S TAKEOVER BID FOR BME - SOURCES
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AS accepted its 20213 billion euro ($5.7 bln) takeover bid to create a leader in digital security.
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HP (HPQ) has once again rejected Xerox's $33.5 billion takeover bid, claiming it "significantly undervalues" the company.
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PA could buy up to a fifth of the Italian broadcaster, stirring talk of a hostile takeover bid.
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He finally realized what was pushing the moves on the charts when the takeover bid surfaced from Komatsu.
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Dedalus SpA starts mandatory and full takeover bid on Noemalife ordinary shares and warrants; ends on Sept. 1003.
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Valeant — The drugmaker rejected a joint takeover bid from Japan's Takeda Pharmaceutical and TPG Capital earlier this year.
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Delta Lloyd, one of the largest insurers in the Netherlands, received a hostile takeover bid from NN Group.
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Shares of Kraft Heinz have underperformed Unilever by an incredible 84 percentage points since the failed takeover bid.
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A takeover bid by Caixbank was dropped in June after the Portuguese bank failed to eliminate the cap.
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German media company Constantin Medien confirmed it had received, and would consider, a takeover bid by Highlight Communications.
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And earlier this year, German-based Bayer launched a $62 billion takeover bid for St. Louis-based Monsanto.
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Firms are also getting extra time to respond to a potential takeover bid before an offer is made.
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An earlier version of this article misstated the entity speculated to be considering a takeover bid for Sky.
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L) is trying to sell its shrinking margarines business after rebuffing a takeover bid by Kraft Heinz (KHC.
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Shares in Spain's Gamesa surged over 18.5 percent on a report that Siemens was mulling a takeover bid.
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DE), which the Finnish company is trying to buy via a 8.05 billion euros ($9.88 billion) takeover bid.
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Whatever plans Yang may have had were quickly disrupted by the unsolicited Microsoft takeover bid in early 2008.
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Expected to release decision of board meeting on the takeover bid launched on the company by Cairo Communication .
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Broadcom is keeping its options open after Qualcomm rejected its unsolicited $103 billion takeover bid earlier this month.
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Broadcom made a more than $100-billion unsolicited takeover bid for the rival chipmaker, which Qualcomm rejected Monday.
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N, another major player in the physician outsourcing space, with an unsolicited takeover bid worth around $5 billion.
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Under Spanish law, an investor must launch a full takeover bid once its stake reaches 30 percent stake.
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What to watch: Athenahealth is simultaneously dealing with a hostile takeover bid from hedge fund billionaire Paul Singer.
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O stock options after submitting a bogus takeover bid for the chipmaker, a federal judge ruled on Tuesday.
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Zurich's share price has fluctuated in recent weeks on speculation of a takeover bid by rival Allianz (ALVG.DE).
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This month, President Trump blocked Broadcom's $117 billion takeover bid for Qualcomm, a leading maker of smartphone chips.
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Qualcomm on Tuesday increased its takeover bid for NXP Semiconductors, defying Broadcom's demand that it not do so.
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Occidental unveiled a $2500 billion takeover bid for Anadarko Petroleum yesterday, $2500 billion more than Chevron has offered.
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After waiting and watching for two years, Ms. Rosenfeld approached Cadbury with a hostile takeover bid in 2009.
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AMS faces fresh opposition to its 0.13 billion euro ($5 billion) takeover bid from Osram's powerful shop stewards.
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AX) on Thursday recommended that its shareholders reject a takeover bid by larger peer Independence Group NL (IGO.
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Last week, the LSE rebuffed a proposed $39 billion takeover bid from rival Hong Kong Exchanges and Clearing.
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AX) on Thursday recommended that its shareholders reject a takeover bid by larger peer Independence Group NL (IGO.
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Several months after Syngenta rejected the takeover bid from Monsanto, the Swiss company's chief executive, Mike Mack, stepped down.
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Earlier this month, Reuters reported that Sapore was discussing a new takeover bid after its failed attempt in September.
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Billionaire investor Warren Buffett invested $10 billion in Houston-based Occidental in an effort to help the takeover bid.
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Neumann will reportedly sell $1 billion worth of his WeWork stock to SoftBank as part of the takeover bid.
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Clarification (October 25th 2019): An earlier version of this article said Naspers made the takeover bid for Just Eat.
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" STMicroelectronics: "It's one of those stocks that a lot of people feel is going to get a takeover bid.
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Earlier in April, a Shanghai-based fund, National Silicon Industry Group, made a takeover bid for Finland's Okmetic OKM1V.
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That move arrived just days after Warren Buffett pledged to invest $10 billion to help finance Occidental's takeover bid.
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The American government said it would look into potential national-security concerns over Broadcom's hostile takeover bid for Qualcomm.
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" Amplify Snack Brands: "People feel like unless they get a takeover bid, it's just going to keep going down.
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Amec Foster Wheeler (AMFW) is the target of a takeover bid by rival oilfield services company John Wood Group.
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In 2016, Swiss financial services company InFin Innovative Finance AG picked up Mars One Ventures in a takeover bid.
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Under Italian law CVC will now have to launch a mandatory takeover bid for the rest of Recordati shares.
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Banks are eager to get the financing done, frustrated by a failed takeover bid by Apax just last year.
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Starwood (HOT) signed off on an improved takeover bid from Marriott (MAR) worth $20.4 billion in cash and stock.
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Newmont has rejected a takeover bid from Barrick, with Barrick subsequently proposing a possible joint venture involving Nevada properties.
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T) has made a A$778 million ($600 million) takeover bid for Australian recruiter Programmed Maintenance Services Ltd PRG.
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STOCKHOLM (Reuters) - China's HNA Tourism Group late on Thursday announced a mandatory takeover bid for Rezidor Hotel Group REZT.
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Hammerson rejected Klepierre's takeover bid, valued at 4.88 billion pounds ($6.80 billion), saying it "very significantly" undervalued the company.
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DepoMed adopted an anti-takeover defense known as a poison pill, and Horizon dropped its takeover bid in November.
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That's close to the 30 percent threshold that would force it to launch a takeover bid for all shares.
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It added in a statement on Wednesday that Hisense will announce a takeover bid for Gorenje within 15 days.
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The group CEO said on Monday it would launch a takeover bid at 5.30 euros/shares aimed at delisting.
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Increasingly, though, the hostile takeover bid is being seen as a proxy for a larger battle — U.S. vs China.
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Time for Ticket SRL starts full mandatory takeover bid on Best Union shares (300 GMT), ends on June 9.
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"Give me a break," the judge said, when a creditors committee lawyer argued an objection to the takeover bid.
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But now, it seems, that last takeover bid — his most recent attempt to expand his empire — exceeded his authority.
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GGP – The mall operator received a revised takeover bid from real estate firm Brookfield Property Partners according to Reuters.
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Japan's Panasonic , which has looked at making a takeover bid for Gorenje, decided against the idea in November 2016.
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The company's upbeat results come as it tries to fend off a $2.23 billion takeover bid from Xerox Corp.
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S) succeeded on Friday with its 21919 billion euro ($22013 billion) takeover bid for German lighting group Osram (OSRn.
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De Puyfontaine said if Vivendi had wanted to take control of Mediaset, it would have launched a takeover bid.
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ESL's takeover bid features financing from a variety of sources and a complicated structure not uncommon in bankruptcy auctions.
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Medivation — Medivation could receive an improved takeover bid from French drug maker Sanofi if it agrees to engage in talks.
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Just Eat, a British food-delivery company, rejected a $6.3bn takeover bid from Prosus, the Dutch-listed subsidiary of Naspers.
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Bernstein Research beverage analyst Trevor Stirling said SABMiller's shares would probably drop to 41.50 pounds if ABInBev's takeover bid failed.
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Monsanto — The agricultural chemicals maker is the target of an unsolicited takeover bid from German drug and chemical company Bayer.
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Reuters reported on Friday that Dominion was in advanced and friendly talks with Washington on a sweetened cash takeover bid.
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Elsewhere, Dutch insurer Delta Lloyd rejected a takeover bid from rival NN Group saying that the proposal undervalued the company.
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Navient – Navient rejected a $3.2 billion takeover bid from hedge fund Canyon Capital and private-equity firm Platinum Equity Advisors.
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The media company rejected a takeover bid from billionaire investor Edgar Bronfman Jr, the New York Post reported last month.
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San Francisco-based Medivation (MDVN) may receive a takeover bid from British drugmaker AstraZeneca (AZN), according to London's Sunday Times.
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The world's largest chemical company by sales is evaluating a rival takeover bid for DuPont, Bloomberg News reported on Friday.
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Navient (NAVI) rejected a $3.2 billion takeover bid from hedge fund Canyon Capital and private equity firm Platinum Equity Advisors.
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Amec Foster Wheeler – The company is the target of a takeover bid by rival oilfield services company John Wood Group.
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PORTUGAL'S EDP COULD PROPOSE LATAM JV WITH CHINA THREE GORGES IF ITS $10.15 BLN TAKEOVER BID FOR EDP FAILS - SOURCES
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AX as part of a plan to buy its real estate amid a private equity takeover bid for the firm.
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The lenders exchanged blows on Friday, with NSF accusing its larger rival of "scaremongering" as it resists the takeover bid.
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DE) by Tuesday under its 8.05 billion euro ($9.5 billion) takeover bid, a weekly regulatory filing on Fortum's website showed.
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Fiat Chrysler – Fiat Chrysler could be the target of a takeover bid by Hyundai Motor, according to the Asia Times.
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WeWork had also been subject to a competing takeover bid by JPMorgan, but it looks like SoftBank has won out.
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Earlier this month, chipmaker Qualcomm rejected rival Broadcom's $103-billion takeover bid, one of the biggest ever in technology dealmaking.
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She was named to the role months after the owner of Reese's rebuffed a takeover bid from Oreo cookie maker .
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AX) board on Wednesday rejected a A$727 million ($514.5 million) takeover bid from Australian Pharmaceutical Industries Ltd (API) (API.
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Nuplex is benefiting after its independent directors unanimously recommended Allnex Belgium SA/NV's NZ$1.05 billion ($715.68 million) takeover bid.
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This is above the 30 percent threshold where a company is required to make a full takeover bid in China.
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The chip maker shaved $113 per share off its hostile takeover bid for Qualcomm, reducing it to $79 a share.
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Deals • Anadarko's secret to getting a high takeover bid from Occidental Petroleum, according to a regulatory filing: Keep saying no.
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Should Broadcom decide to pursue a deal, it would be the biggest takeover bid in the semiconductor business to date.
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The two groups were already locked in a dispute last year amid talk of a Carrefour takeover bid for Casino.
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Qualcomm agreed to postpone its annual shareholder meeting this week in order for the panel to investigate the takeover bid.
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Deals • HP plans to counter Xerox's hostile takeover bid with a plan to buy back $15 billion worth of stock.
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Italian bank Intesa Sanpaolo on Monday launched a 4.86 billion euro ($5.3 billion) takeover bid for domestic rival Ubi Banca.
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TORONTO (Reuters) - Ontario Securities Commission will hold hearings on Aurora Cannabis's hostile takeover bid for rival CanniMed Therapeutics on Dec.
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Qualcomm's board said on Thursday — the date of Tan's letter — that it had rejected a revised takeover bid from Broadcom.
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Board meeting to examine the takeover bid launched on the company by Cairo Communication (press release expected on June 1003).
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Some analysts have speculated the group could be broken-up or be vulnerable to a takeover bid from private equity.
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New York (CNN)Under the cloud of an aggressive takeover bid, Gannett reported a dip in fourth quarter revenue Wednesday.
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Vastned Retail issued on Thursday a formal takeover bid of 57.50 euros per share for all shares in Vastned Retail Belgium.
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The sale was seen as a way of winning Angolan investor Isabel dos Santos' approval for the takeover bid by Caixabank.
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Medivation — Medivation rejected Sanofi's improved $58 per share takeover bid, but has signed confidentiality agreements with Sanofi and other unnamed parties.
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But when Mondelez made a thwarted takeover bid for Hershey, that showed that corporate buyers were stepping up to the plate.
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The news comes about a week after French drugmaker Sanofi made its own takeover bid for $52.50 a share in cash.
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Aphria – The cannabis producer rejected a hostile takeover bid from rival Green Growth Brands, saying the bid significantly undervalues the company.
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Digital First owns about 7.5 percent of Gannett shares, and its action comes after its takeover bid was rejected by Gannett.
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A 2.9 billion-pound takeover bid by a consortium led by the biggest investor in Intu was also scrapped in November.
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Swedish home appliances firm Electrolux swung to a loss in the fourth quarter after its takeover bid for GE Appliances collapsed.
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The deal marks Santos' first big investment approval since it rejected a $10.8 billion takeover bid by U.S.-based Harbour Energy.
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So, while investors may want to own KB Home to reap the benefits of higher earnings and a possible takeover bid.
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An Idemitsu spokesman said at this point the company had no plan to launch a takeover bid on the open market.
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Consolidation is the name of the game in semiconductors right now, particularly with Broadcom weighing a hostile takeover bid for Qualcomm.
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Med Platform I Holding Srl starts voluntary takeover bid on Bomi Italia ordinary shares and convertible bonds; ends on May 240.
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The move comes as tronc struggles to fend off a potential takeover bid from newspaper giant Gannett, which owns USA Today.
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Bayer presented its$62 billion takeover bid for Monsanto, the latest attempt at consolidation in the agricultural seeds and chemicals business.
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Mediobanca said the International Media Holding consortium launching a takeover bid on RCS has waived the MAC (material adverse change) clause.
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Hershey, a confectioner, rejected a $23 billion takeover bid from Mondelez, which counts the Cadbury and Oreo brands among its lines.
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Shire – Shire said it was willing to recommend the latest takeover bid from Japan's Takeda Pharmaceutical, after rejecting four other bids.
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Shares of Rockwell Automation jumped as much as 7 percent Thursday after Emerson Electric increased its takeover bid of the company.
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The company said it had rejected a takeover bid from Harbour Energy in August and had not received a current proposal.
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In December, Gemalto accepted a 4.8-billion-euro ($5.60 billion) takeover bid from Thales to create a leader in digital security.
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She was named to the role months after the owner of Reese's rebuffed a takeover bid from Oreo Cookie-maker l.
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Shares of shopping center company Westfield surged 13.65 percent after it accepted a $15.7 billion takeover bid from France's Unibail-Rodamco.
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Abertis denied on Friday any pay deals for its directors and top executives linked to the outcome of Atlantia's takeover bid.
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Mr. Mehta and other Citigroup bankers helped defend Time Warner from an unwanted takeover bid by Rupert Murdoch's 21st Century Fox.
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It was a hostile takeover bid, one that unnerved those in The New Yorker's offices on West 203rd Street in Midtown.
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It was not immediately clear how or whether the measure would affect the current takeover bid made by SIX on BME.
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Along with Akzo's board, Chairman Antony Burgmans opposes the sweetened 24 billion euro ($26 billion) takeover bid PPG proposed last month.
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The stock rose 4.9 percent on reports that Walmart's U.K. unit Asda is considering a £4.4 billion ($5.7 billion) takeover bid.
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In November, Sky threatened to shut down Sky News if it was determined to be a deterrent to the takeover bid.
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HP pledged to return $8003 billion to shareholders in a bid to stave offer a hostile takeover bid from Xerox (XRX).
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Osram Licht shares jumped 15% after chipmaker AMS announced that its takeover bid for the German lighting manufacturer had been successful.
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Aphria (APHA), a Canadian marijuana grower, this week rejected a hostile takeover bid from rival Green Growth Brands (GGBXF), for example.
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London (CNN Business)Hong Kong has just made a surprise £30 billion ($37 billion) takeover bid for the London Stock Exchange.
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It's also the biggest deal agreed to this year, since Qualcomm is fighting off Broadcom's now-hostile $105 billion takeover bid.
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As part of the deal, ASTM will launch a takeover bid for 5% of SIAS capital at 17.5 euros a share.
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The offers came after Micron Technology Inc rejected Tsinghua's informal $23 billion takeover bid on the presumption of U.S. national security concerns.
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Anadarko said Monday it was considering Occidental's $38 billion offer, after it agreed to Chevron's $33 billion takeover bid just weeks ago.
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This offer compares to a NZ$6.4 per share takeover bid from London-based private equity group Apax Partners received last month.
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SolarCity — SolarCity formed a special committee consisting of two directors, and hired outside advisers to evaluate the takeover bid by automaker Tesla.
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Bratz doll maker MGA recently had a second takeover bid rejected by Mattel as not being in the best interests of shareholders.
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Ton Büchner had recently defended the Dutch paint and chemicals company from a combative takeover bid launched by PPG, an American rival.
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Culture secretary Karen Bradley is due to take a decision on whether to refer Fox's Sky takeover bid to the competition regulator.
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Monsanto — Talks with Germany's Bayer about an improved takeover bid for the chemical maker are going well, according to a Bloomberg report.
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Broadcom has dropped its takeover bid for rival chipmaker Qualcomm after US President Donald Trump blocked the deal for national security reasons.
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The regulator said on Monday its authorization complied with Spanish law and that it trusted the takeover bid process could proceed normally.
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N, giving a boost to a $5.9 billion takeover bid by German's Gebr Knauf AG that the building products company had rejected.
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NZ received a NZ$2.54 billion ($1.73 billion) takeover bid from a British private equity firm on Wednesday, sending its shares soaring.
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On February 3rd it persuaded the board of Switzerland's Syngenta, a big maker of pesticides and seeds, to accept its takeover bid.
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On the upside, shares of Australian ports and rail giant Asciano gained 22.18 percent on the back of a fresh takeover bid.
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Student-loan servicer Navient has rejected a $3.2 billion takeover bid from two investors as it believes the offer undervalues the company.
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In May, asset manager Long-Term Asset Partners (LTAP) withdrew a A$2.4 billion takeover bid for Graincorp after conducting due diligence.
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Bridge Management & Co Srl starts voluntary and full takeover bid on Bridge Management Spa ordinary shares and warrants; ends on Nov. 18.
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PPG Industries – The paint company is preparing a new takeover bid for Dutch paint maker Akzo Nobel, according to a Bloomberg report.
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The move puts Zegona's holding at just below the 30 percent threshold whereby a shareholder is required to make a takeover bid.
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If it buys out dos Santos, Caixabank would have to launch a full takeover bid for the remainder of BPI, sources said.
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Irish drug-maker Shire performed well following news that the firm's board had rejected a takeover bid from Japanese pharma company Takeda.
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He was speaking a week after China Three Gorges launched a takeover bid for EDP-Energias de Portugal, the country's largest company.
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Hershey had said in June that it rejected the takeover bid from Mondelez International valued at roughly $22.3 billion, according to FactSet.
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ChemChina agreed to acquire Syngenta in February, about six months after the Swiss company rejected a $47 billion takeover bid by Monsanto.
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AX on Friday rejected a takeover bid worth up to A$7.3 billion ($5.27 billion) from a consortium backed by KKR (KKR.
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The Italian drink maker now holds almost 240 percent of Grand Marnier owner Societe des Produits Marnier Lapostolle after a takeover bid.
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S said Mexican regulatory conditions for approving ChemChina's planned $43 billion takeover bid will not have a major impact on the business.
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The deal comes after a month after Murray & Roberts (M&R) rejected a takeover bid by German investor and biggest shareholder ATON.
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However, the limits would no longer apply should Intesa launch a takeover bid for at least 60 percent of Generali's share capital.
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Oddo made a takeover bid in November for the BHF Kleinwort Benson Group, Kleinwort Benson's parent, and acquired the business this year.
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Meanwhile, Finnish power utility Fortum is set to launch a takeover bid for Uniper totaling 8.05 billion euros ($9.5 billion), Reuters reported.
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Spark Therapeutics – Spark and Switzerland's Roche announced another extension of Roche's $4.3 billion takeover bid for the U.S.-based gene therapy company.
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Spark Therapeutics (ONCE) and Switzerland's Roche announced another extension of Roche's $4.3 billion takeover bid for the U.S.-based gene therapy company.
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Dell and Silver Lake prevailed, after raising that takeover bid by a small amount and defeating a legal challenge by Mr. Icahn.
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The Dutch cabinet is preparing a law which would allow any Dutch corporate board to freeze any takeover bid for 250 days.
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HP also pledged to return $16 billion to shareholders in a bid to stave offer a hostile takeover bid from Xerox (XRX).
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The regulator said on Monday its authorisation complied with Spanish law and said it trusted the takeover bid process could proceed normally.
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VIENNA (Reuters) - Private equity firm Advent International is in talks to join Bain Capital in its takeover bid for Germany's Osram (OSRn.
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French President Emmanuel Macron appeared to anger Rome last month when he blocked Italian shipbuilder Fincantieri's takeover bid for STX France shipyards.
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Air Products said on Friday it was dropping its takeover bid because "it is not in the best interests" of its shareholders.
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It is the majority owner of the wireless operator Sprint, which two years ago unsuccessfully pursued a takeover bid for T-Mobile.
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Qualcomm's recent financial results have largely been overshadowed by two major events: Broadcom's hostile takeover bid and Apple's litigation over royalty payments.
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Mr. Singer is exploring making its own takeover bid for the company, which has spent more than three years in bankruptcy proceedings.
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HP Inc dipped 0.6% as the personal computer maker rejected a raised takeover bid of about $35 billion from Xerox Holdings Corp.
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Senn suddenly quit Zurich in December after coming under pressure following a botched takeover bid and a stuttering performance in its main business.
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Qualcomm gained 3.0 percent to $66.52 after the chipmaker rejected rival Broadcom's $103-billion takeover bid, saying the offer "dramatically" undervalued the company.
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He denied Vivendi was seeking to take over Mediaset, saying if that had been the case it would have launched a takeover bid.
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But the Taiwanese company put its takeover bid on hold at the eleventh hour after the Japanese company revealed previously undisclosed potential liabilities.
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Fearing a hostile takeover bid from Baoneng, it has unveiled a $6.9 billion deal with Shenzhen Metro Group that would dilute Baoneng's stake.
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However, Burberry rose 6.6 percent after the Financial Times reported the luxury goods group was seeking help to fight off a takeover bid.
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The paper said, however, that the effort may hit a snag because of a takeover bid for Gannett by newspaper publisher MNG Enterprises.
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At the same time, the company, which owns several newspapers across the country, rejected a second takeover bid from USA Today owner Gannett.
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SolarCity (SCTY) formed a special committee consisting of two directors, and hired outside advisers to evaluate the takeover bid by automaker Tesla (TSLA).
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Osram shares are rising 23% in premarket trade after the German lighting maker cleared the way for AMS to make its takeover bid.
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Soon after the ruling Comcast launched a $13bn takeover bid for some of 21st Century Fox's assets, topping a rival offer from Disney.
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Fernandes added that "the Portuguese government has already said it sees with very good eyes the principles of CTG's takeover bid for EDP".
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MILAN (Reuters Breakingviews) - Two Spanish ministries are interfering in Italy-based Atlantia's 16.5 billion euro takeover bid for local toll-road group Abertis.
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Reynolds American —The U.S. cigarette maker rejected a $47 billion takeover bid from British American Tobacco, seeking a higher price from its competitor.
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The bank's board said the price of the takeover bid launched by Attestor Capital via Trinity Investments Designated Activity Company was not fair.
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Student-loan servicer Navient Corp has rejected a $3.2 billion takeover bid from two investors, a source familiar with the matter told Reuters.
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KCG Holdings – KCG is the target of a takeover bid by rival trading firm Virtu Financial, worth $18.50 - $20.00 per share in cash.
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Visa (V) boosted its takeover bid for British payment company Earthport to just under $320 million, topping a bid by rival MasterCard (MA).
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For a hot second in 2018, Qualcomm also faced a hostile takeover bid from Broadcom that required the intervention of the Trump administration.
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The resulting political backlash prompted Advanced Semiconductor Engineering (ASE), a bigger Taiwanese chip packager, to launch a takeover bid for SPIL in December.
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Intesa said on Tuesday it was examining potential "industrial combinations" with Generali, following a report that it was studying a possible takeover bid.
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DE) said on Friday he welcomed an impending 4.5 billion- euro ($5 bln) takeover bid from Chinese home appliance maker Midea (000333.SZ).
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Bayer of Germany has made a takeover bid for Monsanto, potentially signaling another huge merger in the business of crop seeds and pesticides.
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Akzo had been in the news earlier this year when it rejected a takeover bid from another US-based rival, PPG Industries (PPG).
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Xerox has offered HP $22 per share in its takeover bid for the company, sources familiar with the deal tell CNBC's David Faber.
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Shareholders in Swiss pesticides maker Syngenta have a deadline of July 18 to accept a $43 billion takeover bid from state-owned ChemChina.
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Breakingviews Gannett ended its takeover bid for its rival Tronc and in the process put a new era for newspaper moguls into prominence.
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Analysts, investors and CEO Tim Hoettges warn that, without the government as an anchor owner, Telekom could draw an unwelcome foreign takeover bid.
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Mobile chipmaker Qualcomm on Monday rejected rival Broadcom's $103-billion takeover bid, saying the offer undervalued the company and would face regulatory hurdles.
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He took $300 and bought the stock, and Natomas quickly caught a $1.4 billion takeover bid from former energy giant Diamond Shamrock Corporation.
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It is also struggling to complete its own takeover bid, for the chip maker NXP Semiconductor, amid pushback from investors of that company.
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Xerox Holdings Corp's fell 4% and HP Inc 0.1% after the personal computer maker rejected a raised takeover bid of about $35 billion.
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T) said on Friday a fund backed by veteran activist investor Yoshiaki Murakami planned a takeover bid for the former Toshiba Corp (6502.
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T) said on Friday a fund backed by veteran activist investor Yoshiaki Murakami planned a takeover bid for the former Toshiba Corp (6502.
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Intesa Sanpaolo, Italy's largest lender, announced a surprise 4.86 billion euro all-paper takeover bid for smaller rival UBI Banca late on Monday.
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Unfortunately, HKEx scrapped its £20203bn (US$39bn) takeover bid for the London Stock Exchange Group in October after the latter rejected the offer.
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Deals • Xerox said it planned to nominate 11 candidates for HP's 12-member board, escalating its hostile takeover bid for the computer maker.
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The lead utility behind the V.C. Summer project, Scana Corp , agreed on Wednesday to a $7.9 billion takeover bid from Dominion Energy Inc.
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The details regard cash flows, the timing of Salini's offer, Salini's request to be excluded from a mandatory takeover bid and antitrust issues.
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MUNICH/VIENNA (Reuters) - Bain Capital and Advent are in advanced talks about making a new takeover bid for German lighting group Osram (OSRn.
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Instead, the two consumer goods giants said on Sunday that Kraft Heinz had withdrawn its takeover bid after an agreement on friendly terms.
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Kraft Heinz withdrew its $143 billion takeover bid for Unilever, a bulwark of British and Dutch business, just 48 hours after making it.
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MUNICH/VIENNA (Reuters) - Bain Capital and Advent are in advanced talks about making a new takeover bid for German lighting group Osram (OSRn.
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The takeover bid from Mr. Buffett's Berkshire Hathaway, which Energy Future accepted on Friday, carried a total enterprise value of roughly $18 billion.
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S) sliding after it agreed to extend the deadline for its $4.3 billion takeover bid for U.S. gene therapy specialist Spark Therapeutics (ONCE.
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And even in technology, his fund has a large position in Qualcomm, currently fighting a takeover bid by the rival chip-maker Broadcom.
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The Trump administration, for instance, recently blocked the takeover bid of U.S company Qualcomm by the Singapore-based Broadcom, on national security grounds.
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Crane, which makes pumps and valves, made a hostile takeover bid for Circor in May after an earlier offer was rejected by Circor.
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The Italian government cautioned Vivendi against mounting a hostile takeover bid for Mediaset, Italy's largest private broadcaster and one of the country's biggest employers.
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Outside of the blue chips, shares in Hammerson tanked 9 percent after France's Klepierre dropped its takeover bid for the British shopping centre owner.
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Last week, Gannett raised its per-share takeover bid to $15 from $12.25, in an offer that was worth about $864 million including debt.
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Outside of the blue chips, bookmaker William Hill surged 4.8 percent after confirming it had received a takeover bid from Rank and 888 Holdings.
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German online classifieds company Scout24 led losses, falling 4.9% upon the announcement that a takeover bid led by Hellman & Friedman and Blackstone had failed.
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Fearing a hostile takeover bid by Baoneng, Vanke's management announced in June a $6.9 billion deal with white knight Shenzhen Metro Group Co Ltd.
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Bain and Cinven's initial €2450bn takeover bid fell through after 65.52% of Stada's equity signed up for the deal, below the 67.5% threshold required.
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However, luxury goods group Burberry rose 6.2 percent after the Financial Times reported that Burberry was seeking help to fight off a takeover bid.
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The company plans to cut 2,000 jobs, or 4 percent of its workforce, as it fends off a takeover bid from rival Canadian Pacific.
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However, luxury goods group Burberry rose 4 percent after the Financial Times reported that Burberry was seeking help to fight off a takeover bid.
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A group led by China Resources Holdings, another state enterprise, has made a $2.5 billion takeover bid for Fairchild Semiconductor International, an American firm.
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PPG Industries - Akzo Nobel shareholders are taking the Dutch paint maker to court over its rejection of a $29.5 billion takeover bid from PPG.
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AS) investors for it to take immediate action against the company over its rejection of a takeover bid by U.S. rival PPG Industries (PPG.
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It's the latest twist in the months-long fight between the two companies, as Qualcomm tries to fight off Singapore-based Broadcom's takeover bid.
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It's the mid-nineteen-sixties, and we've just seen Enzo Ferrari (Remo Girone), in his Italian stronghold, brusquely reject a takeover bid from Ford.
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The stock has surged nearly five-fold since April 7, a day before the company first received a takeover bid from AT&T Inc.
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ATOS, GEMALTO: French chip maker Gemalto rejected a takeover bid from technology consulting firm Atos saying the 4.3 billion euro offer undervalued the company.
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It will make a full-takeover bid at the same price, conditional on holders of 50 percent plus one Hispania share accepting the deal.
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She helped defend Time Warner against an unwanted takeover bid by Rupert Murdoch and advised on DreamWorks Animation's nearly $4 billion sale to Comcast.
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According to the complaint, Riggio became "extremely upset" when the takeover bid fell through, believing it denied him a "graceful exit" from the company.
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The $18 billion deal could help diversify Broadcom, and mark a strategic win for the company following its failed takeover bid for rival Qualcomm.
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This year, President Trump moved to shield Qualcomm, which makes chips that help smartphones communicate, from a hostile takeover bid by a rival, Broadcom.
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The world's No. 1 maker of smartphone chips is the area's biggest employer and benefactor, a role threatened by Broadcom's $121 billion takeover bid.
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Shares of Hong Kong Exchanges and Clearing slipped 2.16% following the rejection of its takeover bid by the London Stock Exchange Group last Friday.
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A takeover bid for Gannett could complicate its pursuit of Gizmodo Media, which owns Deadspin and Jezebel as well as its namesake technology website.
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The House of Mouse sweetened its takeover bid for most of 21st Century Fox to $38 a share, leapfrogging Comcast's $35-a-share bid.
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FOOD INDUSTRY Shareholders of Whole Foods Market are scheduled to meet Wednesday to vote on Amazon's $13.4 billion takeover bid for the grocery chain.
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Mapfre has launched a delisting takeover bid to buy a 4 percent of Funespana owned by minorities, valuing the company at 140 million euros.
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Royalty Pharma had tried in 2013 to acquire rights to Tysabri with an audacious but unsuccessful $8 billion hostile takeover bid for Elan Corporation.
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Deals • The investment firm Platinum Equity has reportedly tried to poach Joe Ianniello, the head of CBS, to lead its takeover bid for Univision.
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" In announcing its takeover bid last month, MNG called on Gannett to committ to a "moratorium on the acquisition of any additional digital assets.
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Officials with the London Stock Exchange (LSE) on Friday reportedly rejected a $36.6 billion takeover bid from the owners of Hong Kong's stock exchange.
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Outside of the blue chips, shares in Hammerson tanked 12 percent after France's Klepierre dropped its takeover bid for the British shopping centre owner.
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There is speculation that Sports Direct could be preparing for a takeover bid, although the current arrangement does not give Ashley a direct stake.
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Sources told the Journal that Tribune remains interested and that Gannett may be more receptive in light of the recent takeover bid from MNG Enterprises.
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He faced another disappointment in 2017, when Kraft Heinz (KHC) was forced to withdraw its massive takeover bid for Dove and Lipton owner Unilever (UL).
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The surprise $143 billion takeover bid by Warren Buffett-backed Kraft Heinz for Unilever, while rejected, has reset some assumptions about stocks, market participants say.
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ESL's takeover bid for Sears is initially expected to eclipse $2 billion, an amount that would repay senior lenders, said people familiar with the matter.
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Jope has already embraced the 2020 targets Polman set for Unilever in the wake of 2017's rebuffed $143 billion takeover bid by Kraft Heinz.
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New York (CNN Business)Gannett, the nation's largest newspaper chain, notched an important victory Thursday in its attempt to fend off a hostile takeover bid.
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French tycoon Vincent Bollore said earlier this week Vivendi could buy up to a fifth in the company, stirring talk of a hostile takeover bid.
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Earlier this year, Gannett fended off MNG's efforts to put its nominees on its board, after it rejected the latter's $1.36 billion hostile takeover bid.
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Just this week, gaming analysts were surprised by an announcement from Australia's Crown Resorts that it had received a confidential takeover bid by Wynn Resorts.
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L shareholders to back its takeover bid after it lifted its stake in the UK firm, boosting the chances the hostile offer will go through.
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In May, the Credit Suisse-managed CSA Energy Infrastructure Switzerland fund announced a takeover bid, offering shareholders 70 Swiss francs ($71.52) for each Alpiq share.
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Gannett, the publisher of USA Today, made public an $815 million takeover bid for Tribune, which publishes the Los Angeles Times and the Chicago Tribune.
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Michael Klein, a former Citi banker who now runs his own M&A advisory firm, is considering a takeover bid for broadcaster Univision, per Bloomberg.
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"It would take a very good offer" for the board to approve a takeover bid, said Kim Forrest, senior equity analyst at Fort Pitt Capital.
|
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Estacio said on Friday that its board had agreed to the financial terms of a takeover bid from Kroton, dismissing a rival offer from Ser.
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The divesture could potentially help ease competition concerns by lowering NXP's exposure to the Chinese market as the country's commerce ministry considers Qualcomm's takeover bid.
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Papa John's rose 8.3 percent after the Wall Street Journal reported Nelson Peltz's Trian Fund Management was evaluating a takeover bid for the pizza chain.
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Merck KGaA slid 2.6 percent after winning the backing of Versum's board for a sweetened $6.5 billion takeover bid, overturning Versum's agreed merger with Entegris .
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Hisense announced a takeover bid for Gorenje in May, offering 12 euros per share which valued the company at about 12 million euros ($339 million).
|
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Elsewhere, shares of Sharp gained 3.8 percent after Taiwanese manufacturer Foxconn provided further details of their takeover bid to the electronics maker and its lenders.
|
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Papa John's rose 8.9 percent after the Wall Street Journal reported Nelson Peltz' Trian Fund Management was evaluating a takeover bid for the pizza chain.
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Reuters and the Nikkei reported that the troubled electronics maker has decided to accept a 659 billion yen ($5.9 billion) takeover bid by Taiwan's Foxconn.
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"I think the stock either goes higher thanks to its strong fundamentals, or it spikes on a takeover bid from someone like GE," Cramer predicted.
|
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Management also fears Fortum might break up Uniper if its takeover bid succeeds and sell off unwanted assets to third parties, something Fortum has denied.
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Fearing a hostile takeover bid by Baoneng, Vanke's management announced in June an agreement on a $6.9 billion deal with white knight Shenzhen Metro Group.
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In other corporate news, shares in Britain's Premier Foods soared 4.4 percent after U.S. spice company McCormick & Co raised its takeover bid for the firm.
|
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Unilever - which spent most of last year reviewing its business after rebuffing a $143 billion takeover bid in February - said underlying sales rose 4 percent.
|
|
Joseph P. Flannery, a corporate executive who saved the rubber company Uniroyal from financial collapse and later thwarted a hostile takeover bid, died on Oct.
|
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Shares in GfK rose 1.5 percent to 49.63 euros by 1312 GMT, 14 percent above the 43.50 euros KKR had offered in its takeover bid.
|
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But Burberry surged 6.6 percent after the Financial Times reported that the luxury goods group had sought help to fight off a possible takeover bid.
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Merck KGaA slid 2.6 percent after winning the backing of Versum's board for a sweetened $6.5 billion takeover bid, overturning Versum's agreed merger with Entegris.
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But Burberry surged 6.1 percent after the Financial Times reported that the luxury goods group had sought help to fight off a possible takeover bid.
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Non-Standard Finance (NSF) has expressed "strong confidence" in its takeover bid, giving investors more time to accept its 1.3 billion pound ($1.69 billion) offer.
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The Portuguese energy firm EDP also rose 9 percent by the end of Monday's trade after the Chinese group Three Gorges presented a takeover bid.
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O) on Thursday said it was likely to pursue smaller acquisitions of chipmakers after its failed hostile takeover bid to acquire rival Qualcomm Inc (QCOM.
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The layoffs came after Alden Global Capital made a $1.3 billion hostile takeover bid to take control of the company, which it says it's reviewing.
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In a vote to decide between Maxwell's takeover bid and a rival offer that would keep the club independent, the latter triumphed – though only just.
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MILAN (Reuters) - Italy's Deputy Prime Minister and League leader Matteo Salvini said he would hail a takeover bid by Italy's UniCredit for German rival Commerzbank.
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Gannett, the publisher of USA Today and 4393 other newspapers, has laid off reporters across the country and is fending off a hostile takeover bid.
|
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Deals • Authentic Brands, which owns Nine West, is reportedly preparing a $270 million takeover bid for Barneys that could be unveiled in bankruptcy court today.
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In selling all its holdings, Jana signaled that it did not expect anyone else to surpass Amazon's takeover bid of $42 a share in cash.
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With its $9.45 billion takeover bid for Energy Future, Sempra appears to have gained a utility that has tried unsuccessfully for years to sell itself.
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Deals • Xerox raised its hostile takeover bid for HP to about $35 billion and plans to take its offer directly to the computer maker's shareholders.
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Austrian chipmaker AMS said on Friday that its takeover bid for German lighting group Osram had failed, falling short of the required 62.5% shareholder agreement.
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LSE advanced nearly 3% after a Reuters report that some of its investors had asked Hong Kong Exchanges and Clearing to sweeten the takeover bid.
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Last year, the magazine publisher rejected a preliminary takeover bid of at least $18 a share from Mr. Bronfman and the owner of Warner Music.
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He is trying to regain control of the company, which has adopted a so-called poison pill to fend off any potential hostile takeover bid.
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Bain Capital and Advent are in advanced talks about making a new takeover bid for the lighting group, sources familiar with the matter told Reuters.
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Namely: Pierce for the low, low price of $25 billion dollars, a chance at safety from the Stewie-powered takeover bid, and no extracted promises.
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The C$3.2 billion ($2.5 billion) takeover bid, which Lowe's unveiled in February, will help the U.S. home improvement retailer compete with Home Depot (HD.
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The acquisition represents a strategic win for Broadcom, furthering its mission to acquire "mission critical technology businesses," following its failed takeover bid for rival Qualcomm.
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At the end of the merger operation, and if the takeover bid is successful, Nuova Argo Finanziaria will own 40.56% of the new group's capital.
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Abid Qureshi, an attorney representing those creditors, said there are concerns about Lampert's takeover bid, including "significant, viable claims" against Lampert regarding pre-bankruptcy transactions.
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The Swiss company rejected a $47 billion takeover bid by Monsanto in August, arguing the American company's offer was undervalued and might be difficult to execute.
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Monsanto last month rejected an unsolicited $62 billion takeover bid by Germany's Bayer AG, but the companies have since met to try to negotiate a deal.
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Unilever said it was reviewing its options to drive shareholder value, just days after it swiftly rejected a surprise $143 billion takeover bid from Kraft Heinz.
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Monsanto — Monsanto remains in the news today, a day after rejecting a $62 billion takeover bid from Germany's Bayer but leaving the door open to talks.
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GKN is subject to an 8.1 billion pound ($11.32 billion) takeover bid from turnaround specialist Melrose, which GKN's board opposes, and which shareholders are currently considering.
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Santos Ltd confirmed it had received a takeover bid from U.S. investment vehicle Harbour Energy in August but rejected the offer, describing the price as "inadequate".
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The results follow news this week that a suitor had withdrawn its A$2.4 billion ($1.7 billion) takeover bid for GrainCorp after months of due diligence.
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FRANKFURT (Reuters) - Buyout groups Bain Capital and Cinven must wait over the weekend to see whether their takeover bid for the German generic drugmaker Stada STAGn.
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The Times - Cobham Plc, the British aerospace group, has accepted a 4 billion pound($4.98 billion) takeover bid from Advent International, an American buyout specialist. bit.
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Reuters reported that part of its 600 billion-plus yen takeover bid included a promise to not cut jobs, citing a source familiar with the matter.
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A prime example of M&A activity was a surprise $1.13 billion takeover bid from U.S. food company Kraft Heinz Co for household goods firm Unilever.
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Arriving just weeks before Italy's general election on March 4, the takeover bid removes any uncertainty Italo might have faced had it pursued its listing plans.
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The sell-off started after Reuters and the Nikkei reported Thursday that the company accepted a 659 billion yen ($23 billion) takeover bid by Taiwan's Foxconn.
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Hammerson meanwhile dropped 13 percent to trade at 452.7p, erasing nearly all the gains the stock had made from Klepierre's first takeover bid on March 19.
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Bucking the market drop, shares of Fairfax Media ended up 2357.03 percent at A$158.633 after Reuters reported it was considering a second surprise takeover bid.
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Akzo Nobel shareholders are taking the Dutch paint maker to court over its rejection of a $29.5 billion takeover bid from U.S. rival PPG Industries (PPG).
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ATON, which already held about a third of the stock, is in the middle of a $400 million takeover bid for the rest of Murray & Roberts.
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Unilever — The Anglo-Dutch consumer products giant has promised a sizable cash return program for shareholders, following its rebuff of a takeover bid from Kraft Heinz.
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The Children's Investment Fund wrote a letter to Safran SA's board in a push to its campaign to block Safran's takeover bid for Zodiac Aerospace SA .
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OL shareholders have backed a Chinese consortium's $1.24 billion takeover bid, clearing a big hurdle for the deal to go ahead, the buyers said on Wednesday.
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In February, United Technologies rebuffed Honeywell's $90 billion takeover bid in a public dispute surrounding the viability of combining two large industrial conglomerates without antitrust obstacles.
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U.S. Republican lawmakers on Monday backed a U.S. panel's decision to delay Qualcomm's shareholder meeting to allow for a more extensive review of Broadcom's takeover bid.
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Shares of NXP Semiconductors jumped about 12 percent Monday on a report that Chinese regulators will restart a review of Qualcomm's takeover bid for the company.
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FEDS SAY BROADCOM TAKEOVER MIGHT BE A NATIONAL SECURITY THREAT: New details came out today about the government's concerns over Broadcom hostile takeover bid for Qualcomm.
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Air Canada on Sunday raised its offer to buy Transat by $5 to C$18 per share, topping Mach's takeover bid of C$14 per share.
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For more than two years, investors, gamers and executives have wondered whether French media conglomerate Vivendi would launch a takeover bid for video game publisher Ubisoft.
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Stada was also up 2.2 percent amid reports that the generic drug maker could receive a new takeover bid from buyout groups Bain Capital and Cinven.
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Former Estácio CEO Rogério Melzi quit in June, weeks after Kroton made an unsolicited takeover bid, after opposing the 28-billion-real ($9 billion) asset combination.
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Why it matters: Broadcom has been seeking control of Qualcomm's board in order to force consideration of its takeover bid, which has thus far been rejected.
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Having the United States government essentially declare the firm a national champion allowed the chip maker to defend itself from rival Broadcom's $117 billion takeover bid.
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The deals flyaround • Walgreens Boots Alliance has made a preliminary takeover bid for AmerisourceBergen, a drug distributor that it owns 26 percent of, unnamed sources say.
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A little over a year ago, Qualcomm was spared a hostile takeover bid by Broadcom after the Trump administration blocked the deal on national security grounds.
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He was left frustrated last year after failing in a takeover bid for A.C. Milan, a European soccer heavyweight that had fallen into a financial crisis.
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A New York hedge fund known for gutting newsrooms is backing a hostile takeover bid for Gannett, the publisher of USA Today and 22017 other newspapers.
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We're watching for the fallout from Emerson Electric's $28 billion takeover bid for Rockwell Automation, one of the biggest merger offers of the year so far.
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Related SoftBank Reading • Charter shot down the possibility of buying Sprint, but its shares still soared after reports that SoftBank was weighing making a takeover bid.
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A previous takeover bid for the company by Switzerland-based Puma Energy, a subsidiary of Trafigura Beheer BV, fell through in 2013 after months of talks.
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But Micron also has been a target of China's alleged intellectual property theft after rejecting a takeover bid from a Chinese state-owned company in 2015.
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Mr. Sillerman resigned as chief executive of the company in March, but he remains the target of lawsuits by former investors over his failed takeover bid.
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USG – The building materials company remains on watch after rejecting a $42 per share takeover bid from German gypsum producer Knauf, saying it undervalues the company.
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Akzo's decision to sell the unit was made as part of its strategy to reject a 26 billion euro takeover bid from U.S. rival PPG Industries.
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Qualcomm — Qualcomm has rejected a revised $121 billion takeover bid from rival chipmaker Broadcom, but did propose a meeting to see if differences can be resolved.
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Qualcomm (QCOM) rejected a revised $121 billion takeover bid from rival chipmaker Broadcom (AVGO), but did propose a meeting to see if differences can be resolved.
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Walgreens Boots Alliance's potential takeover bid for AmerisourceBergen is the latest example of consolidation in the health-care industry, where once-distinct lines are continuously blurring.
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The deal with MTN puts a dampener on a takeover bid by South Africa's fourth-biggest carrier Telkom, 40% owned by the state, made on Friday.
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Analysts have been expecting Kraft Heinz to pursue another merger or acquisition after the company's failed hostile $143 billion takeover bid for Unilever earlier this year.
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Bain Capital and Advent are in advanced talks about making a new takeover bid for German lighting group Osram, sources familiar with the matter told Reuters.
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As part of its $70-a-share takeover bid, Broadcom said that the NXP deal should not go higher than its current $110 a share price.
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MEG Energy's board will consider and evaluate the Husky's unsolicited offer and the related takeover bid circular, if and when received, MEG said in a statement.
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As evidence that business was looking up, Wells Fargo pointed to recent transactions it helped advise like Berry Global's $4.39 billion takeover bid for RPC Group Plc, .
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S it now owns are sufficient for its takeover bid for the Swiss airline catering firm to succeed, waiving the minimum acceptance level it had set previously.
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N, the publisher of Time, People and Fortune magazines, has rejected a takeover bid from billionaire investor Edgar Bronfman Jr., the New York Post reported on Monday.
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Perrigo fought off a $25 billion hostile takeover bid from rival Mylan NV last year, and Hendrickson said the company was not looking for any other buyers.
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Last month, Gannett, the owner of USA Today, made a takeover bid for Tribune at $12.25 per share in cash, in a deal worth roughly $815 million.
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Uniper and Fortum have had a strained relationship since the Finnish state-owned company launched a takeover bid for the German group in 2017 which Uniper opposed.
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Edison said that Italian market regulator Consob had approved documents for its takeover bid on Frendy Energy and the offer will run from Nov. 2300-Dec. 210.
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Hilton Grand Vacation – The company may the target of a takeover bid by private-equity firm Apollo Global, according to a report in the New York Post.
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BPM would have had to launch a full takeover bid for Anima under Italian regulation because of the size of the stake it owned in the company.
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Last month Osram, a struggling maker of lights, said it is fully behind a €3.4bn takeover bid from Bain Capital and Carlyle, two American buy-out behemoths.
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OSLO, Jan 27 (Reuters) - Norway's $800 billion sovereign wealth fund, the world's largest, has accepted Vonovia's hostile takeover bid for rival Deutsche Wohnen , it said on Wednesday.
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Lampert's takeover bid is not likely to go forward absent settling the concerns related to the proposed credit bid and legal release, one of the sources said.
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Shares of Time surged more than 17 percent Monday after the media company rejected a takeover bid from billionaire investor Edgar Bronfman Jr., CNBC sources have confirmed.
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Gannett recently fended off newspaper chain MNG Enterprises's efforts to put its nominees on the Gannett board, months after it rejected MNG's $1.36 billion hostile takeover bid.
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However, under German takeover rules, companies must make a takeover bid for a target firm if they intend to buy a stake of more than 30 percent.
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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.
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"The important thing is that HP has gone from ugly duckling to beautiful swan on the strength of what may be a chimerical takeover bid," Cramer said.
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McDermott International – The oilfield services company rejected a $7 per share takeover bid from Norwegian peer Subsea 7, according to a statement from Subsea 7 this morning.
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S to accept a $13 billion takeover bid from state-owned ChemChina has been extended to allow for some outstanding regulatory approvals, the company said on Tuesday.
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On Friday, Kuka's CEO Till Reuter welcomed the takeover bid by Chinese home appliance maker Midea, calling them a strategic partner with the potential for considerable growth.
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The German industrial giant Bayer raised its all-cash takeover bid for Monsanto on Thursday, turning up the heat in its pursuit of the American agricultural company.
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Boston Scientific said Monday it won't comment on reports rival medical device manufacturer Stryker made a takeover bid, which was first reported by The Wall Street Journal.
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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.
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Enel Chile said the plan depends on it upping its stake in Enel Generacion Chile SA to 210 percent from 210 percent via a partial takeover bid.
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Qualcomm is also facing a $103 billion takeover bid from Broadcom Ltd, which earlier this week said it would nominate a slate of directors to Qualcomm's board.
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Mr. Trump acted despite efforts by Broadcom and its chief executive, Hock Tan, to win over the White House, even before the hostile takeover bid was announced.
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Broadcom officially withdrew a $117 billion takeover bid for its rival chip maker Qualcomm today, two days after President Trump blocked the effort on national security grounds.
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He abandoned an earlier takeover bid for Sky after 21st Century Fox's predecessor company was caught in a firestorm over phone hacking by news outlets in Britain.
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The computer company and its partner, the investment firm Silver Lake, are expected to announce a sweetened takeover bid supported by investors who initially opposed the move.
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But Unilever has come under increasing scrutiny over its ability to grow, especially after the company spurned a $143 billion takeover bid by Kraft Heinz in February.
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Deals • The food delivery site Just Eat has rejected a hostile $6.3 billion takeover bid by Prosus, the internet investment arm of the South African conglomerate Naspers.
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Deals • Xerox is reportedly considering nominating up to 11 candidates for HP's 12-member board, in what would be a sharp escalation of its hostile takeover bid.
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Isabel Dos Santos, the daughter of Angola's long-serving president, is BPI's second-largest shareholder who last year fended off a takeover bid for BPI by Caixabank.
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Atlantia, controlled by the Benetton family, is expected to submit a takeover bid for Abertis within days, possibly as early as this week, sources said on Tuesday.
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The company, which owns the Hong Kong Stock Exchange, tumbled 3.5% Thursday — the day after it made a $37 billion takeover bid for the London Stock Exchange.
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London (CNN Business)The London Stock Exchange has roundly rejected Hong Kong's $37 billion takeover bid, saying it was too low, politically risky and lacked strategic merit.
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The data analytics company turned down a more than $7 billion takeover bid from Cisco Systems as it prepared to go public, according to a Bloomberg report.
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Broadcom wants to buy Qualcomm for $105 billion, but the chipmaker has refused the offer and has urged shareholders earlier this month to reject the takeover bid.
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The hedge fund sued in bankruptcy court in May to halt a takeover bid by NextEra, although ultimately the Public Utility Commission of Texas blocked that offer.
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The Securities and Exchange Commission charged that Mr. Kern had violated securities disclosure rules while defending Allied Stores in a hostile takeover bid by the Campeau Corporation.
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Newmont's acquisition of Goldcorp had faced several hurdles, beginning with Barrick's hostile takeover bid for Newmont in February, which required it to abandon its deal with Goldcorp.
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One-on-one negotiations often include a so-called pre-emption right allowing the bidder to submit a takeover bid before the opportunity is offered to other parties.
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Sears on Tuesday agreed to consider a revised takeover bid from Chairman Edward Lampert, temporarily staving off a liquidation that would have spelled the end of the company.
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Cramer was flabbergasted when Coppola did a huge disservice to shareholders by turning down a beautiful takeover bid from the largest REIT in the country, Simon Property Group.
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In other big deal news: Shire said it's willing to recommend Takeda's new $64 billion takeover bid, which would be one of the biggest pharmaceutical deals of late.
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Hilton Grand Vacation (HGV) may be the target of a takeover bid by private equity firm Apollo Global (APO), according to a report in the New York Post.
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Uniper and Fortum have had a strained relationship ever since the Finnish state-owned company launched a takeover bid for the German group in 2017 which Uniper opposed.
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The former chief executive, Clemens Schneider, was ousted last May after fending off a hostile takeover bid against the will of the former key shareholder, the Haselsteiner family.
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The amount of ARM stock out on loan to short-sellers stood at 5.6 percent on Friday ahead of the takeover bid, up from 2 percent in January.
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A deal would mark the latest Chinese investment in a German firm after a 4.5 billion euro takeover bid by China's Midea for German industrial robot maker Kuka.
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N) said on Wednesday it would stick to its current strategic plan, after rebuffing a more than $27 billion takeover bid from larger rival Emerson Electric Co's (EMR.
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Meanwhile LNG specialist Santos in May fended off a $10.8 billion takeover bid by an investor group that was keen to get a share in the booming market.
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But De Puyfontaine denied Vivendi was looking to take over Italy's biggest private broadcaster, saying it would have launched a takeover bid if that had been the case.
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Buffalo Wild Wings surged 25 percent after a report that the restaurant chain had received a takeover bid at about $2.3 billion from private equity Roark Capital Group.
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Australia's Myer dropped 5.16 percent, after rallying about 18 percent yesterday, amid speculation that a takeover bid was on the cards, although no one has made an announcement.
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The German industrial giant Bayer has finally revealed its $62 billion takeover bid for Monsanto as it seeks to create a new titan in the world of farming.
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The deal by Oddo & Cie comes after it made a takeover bid for the company's parent, BHF Kleinwort Benson Group, in November and acquired the business this year.
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Comcast – The NBCUniversal and CNBC parent formalized a $24 billion offer for Britain's Sky, prompting Sky to withdraw its recommendation of a takeover bid by 211st Century Fox.
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In the case of Ubisoft, which is 25 percent owned by Vivendi, resistance from its founding Guillemot family could potentially lead to a costly, unsolicited full takeover bid.
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The takeover bid led by Hellman & Friedman and Blackstone for Scout224 did not reach the threshold of 50%of shares, the bidders on Tuesday said in a statement.
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In the letter, Starboard pointed out the steep drop in Perrigo shares since the drug maker rebuffed a takeover bid last year by a fellow pharmaceutical company, Mylan.
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Time Warner's primary concern was price, especially since the conglomerate had turned down an $85-a-share takeover bid by Rupert Murdoch's 21st Century Fox two years earlier.
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On Wednesday, Provident again urged investors to reject the takeover bid and said it had a clear plan to map out growth and enhance performance across its divisions.
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Investa also said it would engage with Oxford Properties Group over a possible binding proposal after the Canadian landlord sweetened its takeover bid for the company on Thursday.
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Bayer's new offer — still the largest takeover bid by a German company — comes after weeks of discussions between the two companies, after Bayer went public with its offer.
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It is unclear what effect the settlement might have on the chocolate maker's defense against an unwanted $23 billion takeover bid by a fellow snack maker, Mondelez International.
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Canadian cannabis producer Aphria Inc said on Wednesday it had rejected U.S. cannabis retailer Green Growth Brands Inc's hostile takeover bid, saying the offer significantly undervalued the company.
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Two major shareholders in Metro said on Monday they planned to join forces by pooling their interests and voting rights to seek to fend off the takeover bid.
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Unilever, which this year rebuffed a $143 billion takeover bid from Kraft Heinz, has set a goal of 20 percent for its underlying operating profit margin by 2020.
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Comcast today announced a $31 billion takeover bid for European television giant Sky, which subsequently pulled its support for an already agreed-upon deal with 21st Century Fox.
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MI) had priced its Pioneer fund unit too high at 3.5 billion euros ($3.7 billion), prompting the British firm to drop a takeover bid, Bloomberg reported on Monday.
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Sky has threatened to shut down Sky News if the news channel proves to be a major obstacle in its takeover bid by Rupert Murdoch's 21st Century Fox.
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So much for the charm offensive last year by Jack Ma: U.S. officials have effectively killed a $1.2 billion takeover bid by one of his companies for MoneyGram.
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Mr. Icahn's takeover bid, a tender offer of $600 million (about $1.4 billion in today's money), came after the airline industry was deregulated and consolidation had picked up.
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Baker and his partners have been in a tussle with the company's top shareholders and were forced to raise their takeover bid to around C$11 per share.
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JOHANNESBURG, Nov 29 (Reuters) - South African telecoms company Telkom SA said on Friday the board of its larger but troubled rival Cell C had rejected its takeover bid.
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Late last month Comcast formally unveiled a $30.7 billion takeover bid for Sky, which Fox had bid $16 billion for the 61 percent it does not already own.
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MILAN, Feb 18 (Reuters) - The board of Italy's UBI Banca is set to meet on Wednesday to discuss the takeover bid tabled by bigger rival Intesa Sanpaolo
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Hammerson's shares meanwhile dropped 9 percent to trade at 452.7 pence, erasing nearly all the gains the stock had made after Klepierre's first takeover bid on March 19.
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Qualcomm – Qualcomm and Broadcom gave no details about what transpired when the two chipmakers met Wednesday to talk about Broadcom's revised $121 million takeover bid for its rival.
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Trump's interjection into Broadcom's months-long takeover bid for Qualcomm could signal greater review of deals to come, B. Riley FBR chief market strategist Art Hogan told CNBC.
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The journalist Adrien de Tricornot has written an eye-popping account of Macron's role in advising the journalists of Le Monde to accept a takeover bid from Minc.
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According to a Bloomberg report, the data analytics company turned down a more than $7 billion takeover bid from Cisco Systems (CSCO) as it prepared to go public.
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Monsanto — Certain Monsanto shareholders want Germany's Bayer to raise its takeover bid to at least $130 per share from the current $125, according to a report in Germany's Handelsblatt.
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Harman International — Harman may see a higher takeover bid, according to The Wall Street Journal's Heard On The Street column, as Samsung's current $8 billion deal faces shareholder opposition.
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Greco joined Zurich in March from Italian insurer Generali, replacing Martin Senn who quit in December following a botched takeover bid for Britain's RSA and the weak GI performance.
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Monsanto (MON) is getting a boost this morning on reports that Europe's BASF is working with investment banks on a potential takeover bid for the maker of agricultural chemicals.
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The report comes within months of Mindtree rejecting a hostile takeover bid from L&T, saying that the plan was of no value for the firm or its shareholders.
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SolarCity stock jumped 5 percent Tuesday, continuing its week-long climb a day after the company announced it would allow a two-person committee to evaluate Tesla's takeover bid.
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In the pharmaceutical sector, Swiss pesticides group Syngenta announced that the offer period for ChemChina's takeover bid had been extended as it was waiting for some outstanding regulatory approvals.
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As transient as it was titanic, a proposed $24.2bn takeover bid by Kraft Heinz for Unilever was withdrawn just a few days after it was leaked to the press.
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A source close to the company said Burberry was focused on the stake and keeping a close watch on it but there had been no formal takeover bid made.
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Shareholders of Home Retail Group Wednesday approved a £1.4 billion ($1.83 billion) takeover offer by U.K. supermarket J Sainsbury after they gave their backing to the retailer's takeover bid.
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SAO PAULO (Reuters) - Brazil power company Eletropaulo Metropolitana said in a securities filing that Italy's Enel has raised its takeover bid for the company to 32.20 reais per share.
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LONDON (Reuters) - Investors in retailer Booker should reject a "less than compelling" 3.7 billion pounds ($5.2 billion) takeover bid by British market leader Tesco, a top advisory firm said.
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Thai hotel and food group Minor International does not intend to delist NH Hotels from the stock market if it succeeds with its takeover bid for the Spanish company.
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Ubisoft has seen its share price almost double year-to-date, boosted by higher-than-expected sales and speculation about a takeover bid from French media giant Vivendi (VIV.PA).
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Barrick and Newmont this month agreed on the joint venture, with Barrick withdrawing its hostile takeover bid for Newmont that sought to unite the world's two largest gold producers.
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Activist investor Ancora Advisors announced on Monday a takeover bid for Nashville-based restaurant chain J. Alexander's Holdings, according to a letter filed with the Securities and Exchange Commission.
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The only takeover bid that offered some hope of keeping Sears Canada afloat failed, with creditors arguing liquidation would yield a better payout than to keep the company solvent.
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D'Ieteren said it would finance the initial investment through available cash, while shares acquired in the takeover bid would be paid for through a mixture of cash and debt.
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L1 said its takeover bid was dependent on the rights issue planned by the company not going ahead and proposed launching its own capital hike worth 500 million euros.
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Faced with a hefty payout to maintain its stake, L20.8808 launched a takeover bid contingent on shareholders blocking that deal and backing its own 500 million-euro capital hike.
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Italy's market watchdog said in a separate statement that the rescue fund would not have to launch a takeover bid on Popolare di Vicenza following the forthcoming rights issue.
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The two sources also said that the deal called for Caixabank to buy dos Santos' 18.6 percent stake in BPI and launch a full takeover bid for BPI afterwards.
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Elsewhere, shares of pharmacy operator Sigma Healthcare fell as much as 5.7 percent after its board rejected a A$727 million ($513.48 million) takeover bid from Australian Pharmaceutical Industries.
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When M&R first announced the proposed Aveng deal, ATON called it a "frustrating" action according to section 126 of the Companies Act meant to derail its takeover bid.
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It is an outsize takeover bid that requires the German company to win over antitrust regulators who may be leery of a huge new titan in the agricultural business.
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Underscoring the growing importance of robotics to industrial manufacturers, Midea, a Chinese maker of household appliances, launched a takeover bid for Kuka, a German pioneer in robotics and automation.
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U.S. cable company Comcast submitted a 22 billion pound ($31 billion) offer for pay-TV group Sky, challenging an already agreed but lower takeover bid from Rupert Murdoch's Fox.
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MILAN, May 9 (Reuters) - Italian toll road group Atlantia could present a takeover bid on Spanish rival Abertis within days, two sources close to the matter said on Tuesday.
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The possibility that Colbun would have needed to start a takeover bid for the remaining stakes held by minority shareholders likely also weighed on its decision, the analyst said.
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AS) chairman will step down next April, having angered some major investors by fighting off a 4613 billion euro ($30.6 billion) takeover bid by U.S. rival PPG Industries (PPG.
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Unilever's shares fell 5 percent, having risen by a third since Kraft's failed $143 billion takeover bid for the maker of Magnum ice cream and Dove soap in February.
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He rejected a takeover bid by 21st Century Fox in 2014, saying that Time Warner could create more value on its own and land a more lucrative deal later.
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Today could be the day that the Justice Department finally sues to block AT&T's $85.4 billion takeover bid for the media giant, according to Rich Greenfield of BTIG.
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The takeover bid by the Honk Kong company comes as Britain is set to leave the European Union, a step some politicians fear could weaken its large financial sector.
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TOKYO, Sept 12 (Reuters) - Internet and e-commerce company Yahoo Japan Corp, will launch a takeover bid for online clothing retailer Zozo Inc, public broadcaster NHK said on Thursday.
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Delta emerged from bankruptcy in 2007 after cutting costs and terminating its pilots' pension plan, shifting liabilities to the government, and fending off a takeover bid by US Airways.
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The company, formerly called Tribune Publishing, which also owns The Chicago Tribune and The Baltimore Sun, rebuffed a takeover bid from Gannett last year after a bitter public process.
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The investment vehicle Aurora Dodici has bought 2100% of capital at 240 euros per share and launched a takeover bid at the same price, the company said on Tuesday.
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In rejecting a recent $34 billion takeover bid from Hong Kong Exchanges and Clearing, the London Stock Exchange argued that its partnership was a better route to the mainland.
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Industrial conglomerate Larsen & Toubro, which started a hostile takeover bid for Bengaluru-based IT firm Mindtree Ltd in March, was among the top five gainers on the NSE index.
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"Shares in Liberbank are up following reports by Bolsamania regarding news about Abanca beginning the process of a takeover bid," said Nuria Alvarez, analyst at Madrid-based Renta 4.
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"Musk has every right to say that he has a potential $420-per-share takeover bid lined up, provided that he doesn't sell stock into the hype," Cramer explained.
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The loan would be interest-free if Debenhams agreed to give Sports Direct another 613 percent of its equity without the normal obligation to make a full takeover bid.
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And though Mr. Buffett is perhaps the most celebrated dealmaker in the world, Mr. Singer's hedge fund, and perhaps Texas power regulators, threaten to stymie his latest takeover bid.
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The report comes within months of Mindtree rejecting a hostile takeover bid from L&T, saying that the plan was of no value for the company or its shareholders.
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It would not be an official shareholder's pact as under Spanish law shareholders that have effective control of over 30 percent of a company must launch a full takeover bid.
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On Wednesday, Pennsylvania-based PPG Industries dismissed efforts by Dutch paintmaker Akzo Nobel to fend off its takeover bid and won support from an activist hedge fund investor, Reuters reported.
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The cash-call could pave the way for Carlos Slim to launch a full takeover bid for FCC, if his stake rises to over 30 percent from 27.43 percent now.
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Monsanto — Monsanto is getting a boost this morning on reports that Germany's BASF is working with investment banks on a potential takeover bid for the maker of agricultural chemicals. Questions?
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CFIUS rules allow a company facing an unsolicited takeover bid to request a CFIUS review, so that its board of directors can better assess the regulatory risk of a deal.
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MADRID, May 277.5 (Reuters) - Russian tycoon Mikhail Fridman's investment fund LetterOne said on Friday it has won control of loss-making Spanish retailer DIA, after a drawn out takeover bid.
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Earlier this year, DNO built a 28.23 percent stake in Faroe, prompting speculation about a full takeover, although DNO said it had no intention of launching a full takeover bid.
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United Internet AG also said it had no plans to raise its Tele Columbus stake beyond 30 percent, a threshold which would oblige it to submit a mandatory takeover bid.
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Edison said on Monday its unit Eolo Energy bought further shares in Alerion Clean Power outside its takeover bid on the company, raising its stake in Alerion to 12.144 percent.
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Several people close to the matter said last month that Commerzbank is working with two investment banks to be prepared in case of a takeover bid from a European rival.
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In June, the chocolate maker rejected a takeover bid from Mondelez that would have made the combined company the candy industry's largest player, according to Euromonitor International, passing Mars Inc.
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DE chief executive and its head of finance resigned on Tuesday ahead of an imminent new takeover bid for the German generic drugmaker by buyout groups Bain Capital and Cinven.
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In corporate news, Spain's Caixabank launched a full takeover bid for Portugal's BPI offering to pay 1.113 euros ($1.26) per share to buy the stake which it doesn't already own.
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Engineering and construction firm Downer EDI is looking to launch a A$1.27 billion ($981 million) takeover bid for cleaning and catering company Spotless Group at A$1.15 per share.
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THE takeover bid by Hon Hai of Taiwan for Sharp, a chronically loss-making Japanese electronics firm, is being watched closely as a test of Japan's openness to foreign investment.
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The publisher's board has given thumbs down to the takeover bid of Cairo Communications, saying it was not friendly and was priced at a discount, Il Sole 24 Ore said.
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DE) would assess a possible European takeover bid but it is wrong to assume such an offer would take priority over the bid by China's Midea Group Co Ltd's (000333.
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Viacom – Viacom asked CBS to raise its takeover bid by $2.8 billion, according to Reuters, asking for 2183 CBS shares for each Viacom share versus the 0.55 offered by CBS.
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Zurich chief Martin Senn suddenly quit last month after coming under pressure following a botched takeover bid and a stuttering performance in GI. Zurich has yet to appoint his successor.
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Rockwell Automation – The maker of industrial automation systems rejected a revised takeover bid from Emerson Electric, saying it undervalued the company and was not in the best interests of shareholders.
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Last month, Sports Direct officially ruled out a takeover bid for Debenhams after an outgoing director said the board had discussed combining the department store group with House of Fraser.
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Comcast also announced last month a $31 billion takeover bid for European television giant Sky, which subsequently pulled its support for an already agreed-upon deal with 21st Century Fox.
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In April, Caixabank launched a takeover bid for the lender, offering 1.113 euros per share, less than its initial offer of 1.329 euros, which dos Santos fended off last year.
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Several people close to the matter said last month that Commerzbank was working with two investment banks to be prepared in case of a takeover bid from a European rival.
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Slim, who earlier this month launched a full takeover bid for FCC, has pushed for a drastic debt-reduction plan since he first invested in the group two years ago.
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They also explain why Qualcomm, once so powerful and profitable, has become vulnerable so quickly — and why Broadcom, another big chip maker, is pouncing with a $53 billion takeover bid.
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It was led higher by a 22% surge in car auction firm BCA Marketplace after it received a nearly 2 billion pound takeover bid from private equity firm TDR Capital.
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Mr. Tan, the chief executive of Broadcom, completed six acquisitions in four years before stunning the industry last month with the takeover bid for Qualcomm, which is resisting his advances.
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The energy company, coveted for its U.S. shale oil holdings, said yesterday that it intended to reject Chevron's takeover bid in favor of Occidental's, Clifford Krauss of the NYT reports.
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MADRID, March 24 (Reuters) - The Spanish government authorized on Tuesday the takeover bid of the Madrid stock market operator BME by Swiss rival SIX, the Economy Ministry said in statement.
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This year, Mr. Trump blocked a $117 billion takeover bid for Qualcomm, the computer chip giant, amid concerns about American efforts to beat China in the race for 5G technology.
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The withdrawal by Hong Kong's stock exchange on October 8th of its takeover bid for the London Stock Exchange was symptomatic of the strategic bind in which it finds itself.
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LONDON (Reuters) - Japan's Daiichi Sankyo denied on Thursday it had received a takeover bid last year from British drugmaker AstraZeneca, as reported earlier by the online version of Nikkei Business.
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Nearly three years after launching what seemed destined to be a hostile takeover bid for video game publisher Ubisoft, Vivendi has decided to sell off its holdings in the company.
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Dennis was ousted as McLaren chief executive in November when the majority shareholders put him on gardening leave after reports he backed a Chinese takeover bid that other investors opposed.
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Under the deal, BFA is to be listed on the Euronext Lisbon bourse, while Caixabank will have to launch a full takeover bid for the remainder of BPI, sources said.
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Australia's Healthscope cut its fiscal 2019 hospital operating earnings guidance and set May 22 as the date for shareholders to vote on the takeover bid from Canadian investment firm Brookfield.
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Engineering services group Babcock added 3.5% after the company confirmed a media report that it had received and rejected a highly preliminary takeover bid from rival Serco earlier this year.
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The dollar fell 0.08 percent against a basket of six currencies, while a giant takeover bid in the tech sector and the promise of central bank stimulus lent support to equities.
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Barrick, already the world's largest gold producer, on Monday launched a takeover bid for its U.S.-based rival, encouraging it to ditch a previously announced $10 billion takeover of Goldcorp Inc.
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FRANKFURT (Reuters) - China's Midea Group Co Ltd said it obtained 85.7 percent of shares in German industrial robot maker Kuka in its 4.5 billion euros takeover bid, which expired on Friday.
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Comcast fell 2.6 percent after the U.S. cable company submitted a $31 billion offer for pay-TV group Sky , challenging an already agreed but lower takeover bid from Rupert Murdoch's Fox.
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The takeover bid is "very bad news for anybody who works for a Gannett paper or reads a Gannett paper," said Dan Kennedy, a journalism professor at Northeastern University in Boston.
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"The Guillemot family announces that it has decided, with regret, to tender the bulk of its shares to the hostile takeover bid initiated by Vivendi," the family said in a statement.
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Wachsler-Markowitsch said AMS was pursuing the domination agreement to speed up the integration of the two companies and develop products together, not to help fund the $5 billion takeover bid.
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Sanofi (SNY) will put forth a slate of candidates to replace the entire board of drug maker Medivation (MDVN), after its $9.3 billion unsolicited takeover bid was rejected in late April.
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Church & Dwight — The maker of Arm & Hammer baking soda and other consumer products will get a $23 billion takeover bid from British consumer goods company Reckitt Benckiser, according to published reports.
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By law, Idemitsu would therefore have to launch a formal takeover bid that would likely attract interest from other Showa Shell shareholders eager to sell at that high price, Hamada said.
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"Nearly a year ago, Gas Natural approached EDP and that was the time when CT started to think about this move," said one industry source with knowledge of CTG's takeover bid.
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The trustees said on Monday evening that they had held a number of discussions with Melrose about its takeover bid but had yet to receive proposals that addressed their "key concerns".
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AX on Tuesday rejected Hometown America's revised takeover bid offering A$695 million ($514 million) in cash, saying it was not in the best interest of the company and its shareholders.
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Qualcomm has reversed its stance on an acquisition offer by competitor Broadcom, providing it raise the takeover bid to $160 billion including $25 billion in assumed debt, according to Financial Times.
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According to the complaint, Primus once owned 20 percent of EON Capital, a bank that Goldman was advising as it weighed a takeover bid from Malaysia's Hong Leong Bank Bhd (HLBB.KL).
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Hershey said on Thursday it had rejected a $23 billion takeover bid by Mondelez International that would seek to expand the latter's limited U.S. footprint and create the world's largest confectioner.
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Baoneng has not disclosed publicly whether it is interested in a hostile takeover bid but the possibility that one might be in the offing has drawn intense coverage by domestic media.
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Akzo Nobel NV, the Dutch paints and coatings maker, said on Thursday it has rejected an unsolicited takeover bid from U.S. rival PPG Industries Inc, saying the bid "undervalued" its company.
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Italy's bourse said Alerion Clean Power shareholders holding 0.099 percent of the shares targeted by a takeover bid launched by Eolo Energia had participated in the offer by its last day.
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Check out which companies are making headlines before the bell: Starwood — The hotel chain has signed off on an improved takeover bid from Marriott, worth $13.6 billion in cash and stock.
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U.S. private equity firm Hellman & Friedman made a takeover bid of as much as A$2158.63 billion ($26 billion), valuing the company at A$2011.24-A$1.25 a share, Reuters reported.
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In January 2017, at Reynolds' direction, PixarBio issued a press release entitled "It's Time to Make US Pharma GREAT Again," announcing a $77 million takeover bid for Invivo, the complaint said.
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Fiat Chrysler rose 2.75 percent after a Financial Times report said the Italian-American automaker could be the subject of a takeover bid from Renault after separate merger talks with Nissan.
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Groupon — The daily deals and e-commerce website operator is extending Friday gains this morning, following reports that Alibaba might buy a stake or even mount a takeover bid for Groupon.
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Comcast fell 1.9 percent after the U.S. cable company submitted a $31 billion offer for pay-TV group Sky , challenging an already agreed but lower takeover bid from Rupert Murdoch's Fox.
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Unilever's shares were down 4 percent, having risen by about a third since Kraft's unsuccessful $143 billion takeover bid for the maker of Magnum ice cream and Dove soap in February.
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LONDON, June 211 (Reuters) - Poundland, the British discount retailer subject to a possible takeover bid from South Africa's Steinhoff, on Thursday reported a 228.6 percent fall in underlying full-year profit.
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That made its holding bigger than the one held by China Resources, a state-owned enterprise which has long backed the firm's leadership, and set the stage for a takeover bid.
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Estácio is in the process of combining operations with Kroton Educacional SA after accepting a takeover bid by Brazil's largest college operator, a deal valued at 5.5 billion real ($1.7 billion).
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PARIS (Reuters) - Shares in French utility Suez climbed on Tuesday after business radio station BFM reported that Engie - which already owns 33 percent of Suez - was examining a full takeover bid.
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The move would allow the planemakers to grow their collaboration in the defense realm, after Boeing's original takeover bid snagged on Brazilian concerns about it gaining control of national defense programs.
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U.S. chipmaker Qualcomm is delaying a major shareholder meeting this week so federal regulators can review whether a hostile takeover bid from foreign technology giant Broadcom poses a national security threat.
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DE backed a revised takeover bid on Monday from buyout groups Bain Capital and Cinven, which have secured backing from investors controlling around 20 percent of the German generic drugmaker's shares.
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Unilever, a WPP client which fought off a $143 billion takeover bid from Kraft Heinz in February, said it was looking to cut the number of adverts created by 30 percent.
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The company in January said it would take steps to reduce annual costs by $1 billion, in part to win investors' support against a hostile takeover bid from rival chipmaker Broadcom.
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SAN FRANCISCO — Affymetrix, a maker of advanced genetic analysis technology, on Sunday rejected an 11th-hour takeover bid meant to derail its planned sale to Thermo Fisher Scientific for $1.3 billion.
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Pharmacy operator Sigma Healthcare Ltd slumped 12 percent, the worst performer on the benchmark, after its board rejected a A$727 million ($513 million) takeover bid from Australian Pharmaceutical Industries Ltd.
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Last week, shareholder LetterOne, controlled by Russian tycoon Mikhail Fridman, stoked speculation it might launch a takeover bid after it informed the regulator it had raised its stake to 29 percent.
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Earlier this month, chipmaker Qualcomm rejected rival Broadcom $103 billion takeover bid, one of the biggest ever in technology dealmaking, saying the offer undervalued the company and would face regulatory hurdles.
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MUNICH/FRANKFURT (Reuters) - Commerzbank is working with two investment banks to prepare itself for the event of a takeover bid from a European rival, several people close to the matter said.
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Chinese home appliances maker Midea has just bought Germany's Kuka in a 4.5 billion-euro ($5 billion) takeover bid that ended last week, giving it about 86 percent of the shares.
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Shares of Destination Maternity have slumped 75 percent over the last three years amid management upheaval, a failed takeover bid and dwindling mall traffic that has cut into sales and profitability.
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With the court ruling that a pay-TV provider can legally buy a content producer, expect an emboldened Comcast to unveil a new takeover bid for most of 21st Century Fox.
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Broadcom, which in just eight years has become a formidable competitor in the semiconductor industry, is weighing a takeover bid for Qualcomm, two people briefed on the matter said on Friday.
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In related news: Elliott struck a deal with the Dutch paint and chemicals company Akzo Nobel after months of battle, including a dispute over Akzo Nobel's rejection of a takeover bid.
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TO, the world's third-largest diamond producer by market value, is in advanced and friendly talks with The Washington Companies on a sweetened cash takeover bid, sources told Reuters this week.
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Earlier this month, Independence said it was reviewing its takeover bid for Panoramic after the latter flagged underperformance at its Savannah project and said it would likely need to raise funds.
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According to additional research, the launch of an activist campaign by a hedge fund makes a company three times more likely to face a takeover bid in the subsequent two years.
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The report said an unidentified consortium of Chinese investors had made a 1.65 billion pounds ($2.08 billion) takeover bid for McLaren Technology Group that Dennis supported but the other shareholders opposed.
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Vivendi has said it does not intend to launch a takeover bid for Ubisoft, saying it wants to collaborate with the existing management so that synergies can be found with Gameloft.
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LONDON — Unilever said on Wednesday that it was conducting a "comprehensive review" of its options after Kraft Heinz withdrew a $143 billion takeover bid for the consumer goods company on Sunday.
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Such a plan, however, would require UBI to seek shareholder approval because of the so-called passivity rule limiting a company's ability to make moves that could hinder a takeover bid.
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MADRID (Reuters) - Spain's Abanca is close to securing financial backing from Bank of America Merrill Lynch for a takeover bid for its domestic rival Liberbank, financial website Bolsamania said on Tuesday.
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OHL Along with IFM Investors of Australia, OHL is readying the exclusion takeover bid for its OHL Mexico unit, in which it has a 57 percent stake, Expansion reported on Friday.
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Caixabank made the sale of its treasury stock, which was worth around 10 percent of its capital, to boost its capital reserves for its takeover bid for Portugal's Banco BPI BBPI.
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Before larger rival Kroton Educacional SA placed an unsolicited takeover bid on June 2, Estácio's stock had shed 36 percent as costs rose faster than those of rivals and margins shrank.
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Last week, shareholder LetterOne, controlled by Russian tycoon Mikhail Fridman, stoked speculation it might launch a takeover bid after informing Spain's market regulator it had raised its stake to 29 percent.
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Hendrickson, who announced in June his plans to retire, took over the helm in April last year, a few months after Perrigo convinced investors to reject an unsolicited takeover bid from Mylan.
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Jefferies analysts have predicted that Japan Tobacco would make a takeover bid for Imperial Brands within the next 12 months, and said on Tuesday that the management changes made this more feasible.
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One source said private equity fund TPG Capital Management LP and China Telecom Corp Ltd were looking at Oi's business for a possible takeover bid but have not drafted any concrete proposal.
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Shares of Valeant Pharmaceuticals rose about 5.5 percent Friday following reports that the company rejected a joint takeover bid from Japan's Takeda Pharmaceutical and TPG Capital earlier this year, according to Reuters.
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"We wouldn't see very different outcomes," believes Andrew Griffith, an executive at Sky, a broadcaster and mobile operator which is the target of a takeover bid by 21st Century Fox (see article).
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TerraForm Power, controlled by Canada's Brookfield Asset Management, has launched a 27.953 million euro ($227.95 billion) takeover bid for Spanish renewable energy firm Saeta Yield to expand its presence in Western Europe.
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"For a company the size of Fairfax, 19 percent isn't a destination but we'll have to wait and see," Muldoon told reporters when asked if the conversion could prompt a takeover bid.
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The Times Britain's biggest bookmaker, William Hill, insisted that it had a strong independent future yesterday after rejecting a 3.2 billion pound joint takeover bid from Rank Group and 888 Holdings. bit.
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A failed takeover bid earlier in the year by Kraft Heinz, an American giant backed by 3G Capital, an investment firm feared for its radical cost-cutting methods, prompted Unilever's strategic review.
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MILAN, March 11 (Reuters) - Buyout fund Advent has dropped its takeover bid for Italian credit data provider Cerved after news of its offer was leaked to the market, Cerved said on Monday.
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Fortis received its first takeover bid last month from Manipal, which has since sweetened its offer to 155 rupees a share - valuing Fortis at about $1.2 billion - following opposition from minority shareholders.
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In dealmaking news, German pharmaceutical company Merck KGaA made a hostile $5.9 billion takeover bid for chemicals firm Versum Materials Tuesday, bypassing management and offering to buy out shares directly from investors.
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Foxconn, the Taiwanese company best known as a top iPhone assembler, has proposed a 625 billion yen ($5.3 billion) takeover bid for troubled Japanese electronics maker Sharp, the Wall Street Journal reported.
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Tribune Publishing Co is reviewing an unsolicited and possibly unwelcome $815 million takeover bid from Gannett Co Inc, a move by Gannett to gain scale as the newspaper industry continues to consolidate.
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HP has been a tough stock to buy, he said, that is until the printer manufacturer received a $22 per share takeover bid from Xerox — a company not even half its size.
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Indicated 4 percent lower Financial regulator BaFin has extended the submission period for offer documents related to Fujian Grand Chip Investment's takeover bid for the semiconductor equipment maker, the Chinese firm said.
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Murray & Roberts has been in tug of war with its top investor ATON since March when the German investment house launched a takeover bid, which was rejected as poor value for shareholders.
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Parneros sued the company in August and also accused Riggio of engineering his firing after turning on him when an unnamed company withdrew a takeover bid for the company in early June.
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Rockwell, which last month rejected bigger rival Emerson Electric Co's $27.6 billion takeover bid, said net income rose to $204.6 million, or $1.57 per share, in the fourth quarter ended Sept. 30.
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Xerox offered HP $22 per share in its takeover bid for the company, consisting of 77% cash and 23% stock, or $17 in cash and 0.137 Xerox share for each HP share.
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Japan's AGC has launched a takeover bid on all the shares of Italian biotech company Molmed in a deal worth up to 240 million euros, AGC said in a statement on Tuesday.
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As the Trump administration weighs whether to block the chip maker's $117 billion takeover bid for Qualcomm, a central issue is how much of a threat the deal is to national security.
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CFIUS, in an unusual move, stepped into Broadcom's hostile takeover bid for Qualcomm this week, citing a number of concerns on the development of the next generation of mobile networks and technology.
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Still, the administration's speedy response to Broadcom's takeover bid was unprecedented, some Cfius experts say, in part because the government intervened before shareholders of a publicly traded company were allowed to vote.
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The deal comes a year after minority shareholders of M&C blocked a takeover bid by CDL on the grounds that it did not reflect the value of the company's property portfolio.
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One shareholder who did not participate in the crafting of the deal: Mr. Icahn, who sued the company this month over accusations that it withheld information about the takeover bid from investors.
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TORONTO, Jan 16 (Reuters) - Shareholders of Canadian miner Detour Gold Corp should vote in favor of an all-stock takeover bid by rival Kirkland Lake Gold, proxy advisory firm Glass Lewis said.
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The move by Elliott, the American hedge fund founded by the billionaire Paul E. Singer, came a day after Akzo Nobel rejected a third takeover bid from its American rival PPG Industries.
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If its takeover bid were successful but the struggling company needed funds urgently, L1 would extend a shareholder loan, to be recouped through a subsequent 13 million euro ($561.3 million) capital increase.
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Italy's Exor, the holding company of the Agnelli family, has agreed to buy a stake in GEDI before launching a takeover bid on the company, which publishes prominent daily newspaper La Repubblica.
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LSE topped the FTSE 100 leader-board with a 2% rise after a Reuters report that some of its investors had asked Hong Kong Exchanges and Clearing to sweeten the takeover bid.
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Elliott fought a long battle in 13 in the Netherlands over paints maker Akzo Nobel, which it unsuccessfully tried to force to agree to a takeover bid from U.S. rival PPG Industries.
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MILAN, Feb 18 (Reuters) - Intesa Sanpaolo on Monday kicked off a long-awaited consolidation wave among Italian banks with a shock move, launching a surprise takeover bid on smaller rival UBI Banca.
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O has received a takeover bid valued at more than $2.3 billion from private equity firm Roark Capital Group, the Wall Street Journal reported on Monday, citing people familiar with the matter.
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The announcement follows Chairman John Plant taking on the role of chief executive officer earlier this week, as Arconic rejected a takeover bid by private equity firm Apollo Global Management last month.
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The hedge fund Elliott Management is hoping to block Warren E. Buffett's $9 billion takeover bid for Energy Future Holdings, the bankrupt Texas power giant, by working on an even higher offer.
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Winning the green light from both competition authorities would take Qualcomm a major step forward to closing the deal and reinforce its fight against an unsolicited $103-billion takeover bid from Broadcom.
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The hedge fund argued that Qualcomm's takeover bid effectively serves as a cap on how high NXP's shares can go, though $135 a share is far higher than the stock's historic high.
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HOUSTON (Reuters) - Chevron Corp abandoned its takeover bid for Anadarko Petroleum Corp on Thursday, outmaneuvered by Occidental Petroleum Corp's higher, $22023 billion offer that included more than three times as much cash.
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A fund manager at a Japanese asset management firm said that there were more applicants than the number of shares offered, triggering selling from investors who failed to participate in the takeover bid.
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U.S. cannabis retailer Green Growth said on Thursday it would make a hostile takeover bid for Aphria in an all-stock deal valuing the Canadian pot producer at C$2.8 billion ($2.06 billion).
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Sanofi — Sanofi will put forth a slate of candidates to replace the entire board of drug maker Medivation, according to Reuters, after its $9.3 billion unsolicited takeover bid was rejected in late April.
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LONDON, Feb 19 (Reuters) - British Prime Minister Theresa May said she would act in the national interest when asked for her reaction to a hostile takeover bid of aero-engineer GKN by Melrose.
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A reduced share count would lift the Bettencourts' ownership to 43 percent, a level that could force them to launch a takeover bid for the company under French rules, although there are exemptions.
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Thanks, but no thanks Unilever rejected a surprise $143 billion takeover bid from Kraft Heinz, saying it saw no reason to discuss a deal which it said had no financial or strategic merit.
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Qualcomm was also the subject of a tumultuous takeover bid by Broadcom for several months, but that was dropped after US President Donald Trump blocked the deal in March for national security reasons.
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DE, the German drug company that has received an agreed takeover bid from buyout firms Bain and Cinven, on Tuesday said it had not been notified of any rival offer in the works.
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Earlier this year, a consortium led by Hong Kong property developer CK Infrastructure — owned by billionaire Li Ka-shing — offered a $9.4 billion takeover bid for APA Group, Australia's leading energy infrastructure business.
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Mexican billionaire Carlos Slim's holding company Inversora Carso said on Friday it would launch a full takeover bid for Spanish building and infrastructure company FCC at a price of 7.60 euros per share.
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Indicated 2.8 percent higher China's Midea is preparing to publish its previously announced takeover bid for German factory robot maker Kuka on Thursday, two people familiar with the plans told Reuters on Tuesday.
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" Alexion Pharmaceuticals: "I thought that it was going to get a takeover bid, but because the fundamentals aren't tight ... Celgene is down as much, and some of the others are down as much.
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Cairo Communication reached 50.1 percent of RCS Mediagroup's capital on Friday after investors who had taken up a losing rival takeover bid on the Italian publisher began tendering their shares to Cairo instead.
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Australia's competition regulator on Monday opened consultation on a proposed undertaking by Canada's Nutrien to sell three of its regional stores to address concerns over its takeover bid of rural services firm Ruralco .
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Earlier this month, chipmaker Qualcomm Inc rejected rival Broadcom Ltd's $103 billion takeover bid, one of the biggest ever in technology dealmaking, saying the offer undervalued the company and would face regulatory hurdles.
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Indicated 1.2 percent higher The company said it reserved the right to settle its two outstanding convertible bonds with cash as part of its effort to ward off a takeover bid by Vonovia.
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API Chairman Mark Smith reaffirmed the drug distributor's intention to proceed with the takeover bid, citing "significant benefits" the companies would receive as slowing revenue and compressed margins have hit the wholesaling sector.
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British lender Provident on Monday rejected a 1.3 billion pound ($1.7 billion) takeover bid launched by its former CEO and said it was looking for a better solution to turn around its business.
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The French company sent Tiffany officials a letter in the past couple of weeks outlining an all-cash takeover bid of roughly $120 a share, according to people familiar with the matter. on.wsj.
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The online edition of the Expresso newspaper said earlier that a Chinese consortium that includes EDP's largest shareholder, China Three Gorges (CTG), was preparing a takeover bid for Portugal's leading company by assets.
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The transaction comes amid a wave of looming consolidation in Europe's insurance sector, including in France, where reinsurer Scor rejected an 8.2 billion euro ($9.38 billion) takeover bid from rival Covea in September.
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Scor rejected a 8.2 billion euro ($9.2 billion) takeover bid from Covea in September, after which Derez temporarily withdrew from his position as a director of Scor due to a conflict of interest.
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"[This] suggests to me that Kraft Heinz can be more hostile in its next takeover bid which they need so badly, something that Buffett forbade while he was on the board," Cramer said.
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Tatts, Australia's largest betting operator, fell 3 percent when it rejected a $5.27 billion takeover bid from a consortium backed by KKR and Macquarie Group, in favour of the offer from Tabcorp Holdings.
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But Blackstone said last week that Unizo had missed a deadline to agree with conditions set for its proposed takeover bid and that the buyout group was prepared to embark on more talks.
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Cerved, which has a market value of nearly 1.5 billion euros, earlier this year caught the eye of buyout firm Advent, which however dropped its takeover bid after news of its offer leaked.
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Occidental's announcement on the sale appears to be part of its effort to convince Anadarko's shareholders that its takeover bid, which is already higher than Chevron's, would immediately be more profitable to them.
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HOUSTON — In an escalating bidding war, Anadarko Petroleum said on Monday that it intended to reject its first suitor in a takeover bid, Chevron, after Occidental Petroleum came forward with a better offer.
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Last week, shares of the French media conglomerate Vivendi rose after Goldman Sachs valued Universal Music, a Vivendi division, at $23 billion, almost triple the size of a takeover bid four years ago.
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The Times reported here on Sunday that the veteran restaurateur had declared an intention to make a takeover bid for the British cafe chain with backing from a family-run private equity firm.
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Premier Foods has been under pressure to improve its performance since rejecting a 2016 takeover bid from U.S. food-maker McCormick and Hong Kong-based Oasis wants to remove Chief Executive Gavin Darby.
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Qualcomm said Tuesday that it expects to earn much more money in the coming fiscal year than Wall Street has projected, and urged shareholders to resist the hostile takeover bid from rival Broadcom.
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An unidentified consortium of Chinese investors was reported last November to have made a 1.65 billion pound ($2.08 billion) takeover bid for McLaren Technology Group, supported by former boss and shareholder Ron Dennis.
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Murray & Roberts has been in a tug of war with its top investor ATON since March when the German investment house launched a takeover bid, which was rejected as poor value for shareholders.
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The AMS takeover bid was met with scepticism from the outset, with investors questioning its ability to integrate a company with more than twice its revenue and nearly three times as many employees.
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BERLIN, Feb 15 (Reuters) - Germany's Pfeiffer Vacuum publicly rejected a takeover bid from rival Busch on Wednesday, saying it lacked a control premium and did not reflect the growth potential for vacuum pumps.
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The AMS takeover bid was met with scepticism from the outset, with investors questioning its ability to integrate a company with more than twice its revenue and nearly three times as many employees.
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Spain's government on Thursday asked the country's stock market regulator to revoke the authorisation it gave in October for Atlantia's 2100-billion-euro ($240 billion) takeover bid for Spanish toll-road operator Abertis.
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For more, click on AMS will go ahead with a takeover bid for Osram Licht that values the lighting group at 4.3 billion euros, it said, setting the stage for a potential bidding war.
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Last year, while Mr. Sillerman's takeover bid was being considered by the board, the company disclosed that it had received interest from bidders for parts of its business, but did not identify the parties.
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FRANKFURT (Reuters) - China's Midea Group Co Ltd is preparing to publish its previously announced takeover bid for German factory robot maker Kuka on Thursday, two people familiar with the plans told Reuters on Tuesday.
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Balance sheet concerns Last week, Occidental launched a hostile takeover bid for Anadarko Petroleum (APC) in an effort to expand its position in the Permian Basin, the red-hot shale oilfield in West Texas.
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TO debenture holders voted to reject a takeover bid by Hong Kong's privately held Reignwood Resources Holding Pte Ltd on Monday, throwing the cash-strapped Canadian oil and gas producer's financial future into uncertainty.
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"The company and its advisers assume that the build-up of a stake which went beyond 18 per cent last month is a prelude to a full takeover bid," says the newspaper's Martin Waller.
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The article, published anonymously, describes the recent attempts by China Vanke Company, a real estate developer, to fend off a hostile takeover bid by Baoneng, a property and insurance conglomerate and Vanke's largest shareholder.
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Certain Monsanto (MON) shareholders want Germany's Bayer to raise its takeover bid to at least $130 per share from the current $125 per share, or $64 billion, according to a report in Germany's Handelsblatt.
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Shares of Japanese electronics maker Sharp rose 10.38 percent, extending Friday's more than 19 percent gain, after news on Friday that China's antitrust authorities approved the massive takeover bid from Taiwanese manufacturer Hon Hai.
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RCS MediaGroup said on Friday that its board considered that takeover bid launched by Investindustrial, RCS investors fell within an adequate valuation range, even though it was at the lower end of said range.
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Hershey's opened slightly higher Wednesday after the stock was pummeled Tuesday, dropping nearly 11 percent by the market's close after international confectionery manufacturer Mondelez said talks of a takeover bid of Hershey's had ended.
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True to form, on January 17th Melrose launched a hostile takeover bid—the first for a FTSE 100 company in a decade—worth £7.4bn ($10.5bn) for GKN, a maker of car and plane parts.
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SYDNEY, July 14 (Reuters) - Japanese recruitment company Persol Holdings Co Ltd has made a A$778 million ($600 million) takeover bid for Australian recruiter Programmed Maintenance Services Ltd, the target company said on Friday.
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LONDON, Dec 8 (Reuters) - The founder of hedge fund TCI said on Thursday he expected U.S. firm Charter Communications to carry out large share buybacks and could eventually receive a takeover bid from Verizon.
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"The overall deal has a number of pieces that must fall into place", Maccarone said, including BlackRock being granted a waiver from a regulatory obligation to launch a full takeover bid for the bank.
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Dominion Diamond Corp shares jumped as much as 1.553 percent to C$17.00, before being halted, after Reuters' reported it was in advanced talks with the Washington Companies on a sweetened cash takeover bid.
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At the time, CMA CGM agreed to make a 30 Swiss franc per share offer for the rest of the Swiss company, following a rejected takeover bid in October by Danish freight company DSV.
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Tatts, Australia's largest betting operator, closed 2.9 percent lower after it rejected a $5.27 billion takeover bid from a consortium backed by KKR and Macquarie Group , in favour of the offer from Tabcorp Holdings.
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In May, banks dropped a €22bn leveraged loan financing for German online classifieds group Scout22 following a failed takeover bid, missing out on an approximate €28m fee that further impacted a depleted 2019 budget.
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The group also said it would not launch a takeover bid in the next six months for French video games group Ubisoft, in which it has a 26 percent stake, Thomson Reuters data shows.
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Barrick Gold — Barrick CEO Mark Bristow said he wants to speak to rival gold miner Newmont Mining about a possible Nevada joint venture, even as Newmont rejects Barrick's $18 billion takeover bid as inadequate.
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Merck KGaA dipped on winning the backing of Versum's board for a sweetened $6.5 billion takeover bid, overturning an agreed merger with rival Entegris as it bets on a recovery in electronic materials markets.
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But so far, the chemical maker's ambitious announcement — it is the largest takeover bid by a German company and the biggest all-cash acquisition offer on record — appears to have fallen on deaf ears.
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The classifieds group has been left facing uncertainty after a takeover bid, at 46 euros per share, by Hellman & Friedman and Blackstone failed earlier this year, despite management's recommendation that shareholders accept the offer.
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Monsanto, the American maker of genetically modified crop seeds, on Tuesday rejected a revised takeover bid by Bayer of Germany as too cheap, an expected move that prolongs the bidding contest for the company.
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Jeffrey L. Bewkes, the chief executive of Time Warner, made a big bet in the summer of 2014 when he rejected an $80 billion takeover bid by 21st Century Fox, controlled by Rupert Murdoch.
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Reuters has not verified the newspaper reports, and cannot vouch for their accuracy: Spain's regulator (CNMV) has given authorization of exemption from obligation to launch takeover bid for Vertice 360 submitted by Squirrel Capital.
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A2A, ACSM-AGAM A six-way merger of local Italian utilities got its final go ahead on Wednesday in a deal that will involve A2A launching a takeover bid on smaller peer ACSM-AGAM.
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Spain's Caixabank, which owns a 1623 percent stake in BPI, last week launched a takeover bid for the Portuguese lender despite opposition from Angolan investor Isabel dos Santos, who has a 18.6 percent stake.
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SINGAPORE (Reuters) - The Baltic Exchange board has unanimously backed a takeover bid from Singapore Exchange Ltd, a deal that will give SGX access to a trading platform for the multibillion-dollar freight derivatives market.
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Elliott, which has not expressed a view publicly on the takeover bid, has not met with Bain and Cinven and has not made any specific proposals regarding the potential new bid, the sources said.
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BERLIN (Reuters) - A takeover bid for Germany's Scout270.9 led by Hellman & Friedman and Blackstone has failed as it did not secure the required support of 50 percent of shares, the bidders said on Tuesday.
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But this scenario isn't out of the question: Comcast drops its takeover bid for Fox but continues to seek Sky — and Disney, happy to have averted a deal fight for Fox, lets that happen.
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Broadcom officially withdrew a $117 billion takeover bid for its rival chip maker Qualcomm on Wednesday, two days after President Trump issued an extraordinary order to block the acquisition effort on national security grounds.
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In a surprise move, U.S. regulators asked Qualcomm, the giant California chip maker, to give them more time to investigate whether a takeover bid by Broadcom, a Singapore-based rival, would threaten national security.
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The context On Monday, Broadcom raised its takeover bid for Qualcomm to $82 per share from $70 per share, a month before Qualcomm's annual shareholder meeting where it hopes to unseat company's entire board.
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Xerox tells HP it will bring takeover bid directly to shareholders Now it wants to take over the board, announcing today that it had nominated 11 people to replace the current slate of directors.
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Among his previous assignments were advising AstraZeneca on its defense against Pfizer's unsolicited takeover bid and Yahoo's deal to sell a 20 percent stake in Alibaba Group back to the Chinese e-commerce giant.
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At the meeting, Mr. Buffett disclosed that, as Kraft Heinz worked on its now-dead takeover bid for the consumer products giant Unilever, Berkshire was prepared to invest $15 billion in the potential deal.
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But after the company and its bankers at Deutsche Bank spent time devising a potential takeover bid, Stanley Black & Decker turned its eyes toward buying Newell Brands' tool business, a deal announced in October.
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Bucking the trend, Fairfax Media leapt 7 percent to a more than 6-year high, after the country's oldest newspaper publisher received a $2.87 billion takeover bid from a second U.S. private equity firm.
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Italy's BPER said on Monday it would fund the acquisition of bank branches ceded as part of the Intesa takeover bid on UBI Banca with a rights issue of up to 2100 billion euros.
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JOHANNESBURG, March 18 (Reuters) - South Africa's Steinhoff on Friday offered 673 million pounds ($975.18 million) for Darty Plc, Europe's No.3 electrical goods retailer, trumping a competing takeover bid from a French retailer, Fnac.
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The maker of Dove soap and Ben & Jerry's ice cream - which spent most of last year reviewing its business after rebuffing a $143 billion takeover bid in February - said underlying sales rose 4 percent.
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The company, which has been cutting costs since its takeover bid for rival Hershey fell apart last August, said selling, general and administrative expenses fell about 13.1 percent to $1.45 billion in the quarter.
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The 68-year-old leader will say that if he takes power, his party would protect companies from hostile bids, citing the takeover bid of British engineering group GKN by investment company Melrose Industries.
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The move is also the first major hostile takeover bid by a German company for a U.S. target since BASF's 2006 approach for catalytic converter maker Engelhard, which ended up becoming an agreed deal.
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Abbott's takeover bid comes as medical equipment makers come under pressure to offer a wider portfolio of products to hospital customers, which have gained more negotiating power on pricing after a wave of mergers.
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MELBOURNE (Reuters) - Mineral sands producer Mineral Deposits on Thursday advised its shareholders to reject an increased A$345 million ($1.753 million) takeover bid from French miner Eramet SA, saying it still undervalued the company.
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After six months of negotiations and just weeks after agreeing to a price, Gannett dropped its $680 million-plus takeover bid for Tronc, the owner of The Los Angeles Times and The Chicago Tribune.
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Separately, following the takeover bid by Australian nickel miner Independence Group for its smaller peer Panoramic Resources Ltd, Independence Group said it would conduct due diligence on Panoramic and its flagship Savannah nickel project.
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Caixabank is the largest shareholder in BPI with a 44.1 percent stake and if it succeeds in buying dos Santos' holding, it would have to launch a full takeover bid for the remainder of BPI.
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Vivendi said in October it was considering buying more shares in French video games makers Ubisoft and Gameloft, and did not rule out making a takeover bid for the companies in the next six months.
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Itochu said 10.9 million shares of FamilyMart were offered in a takeover bid by the wholly-owned unit of the company, at the price of 11,000 yen per share, from July 17 to Aug. 16.
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Check out the companies making headlines after the bell: Aphria shares soared more than 20 percent during after-hours trading Thursday as Green Growth Brands announced it would launch a takeover bid for the company.
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Tenet, which sued CHS as it attempted to ward off a hostile takeover bid, revealed that CHS used a proprietary system to decide which patients to admit instead of the independently drafted, industry-standard guidelines.
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Among leading gainers was B&M European Value Retail , up 4.1 percent after a report that Asda, the British supermarket arm of U.S. retail giant Wal-Mart, was considering a 4.4 billion pound takeover bid.
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Tribune Publishing shares plunged Monday after the Los Angeles Times owner rejected a second takeover bid from USA Today owner Gannett, and said a billionaire entrepreneur would take a $23 million stake in the company.
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Cash takeover bid by Investindustrial and existing RCS shareholders reaches 2300 percent of offer, bringing the consortium's total stake in RCS capital to 210 percent, just above the bid's minimum threshold set at 210 percent.
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Green Growth, which first offered to buy Aphria in December, said last month that it would make a second all-stock takeover bid for Aphria Inc, valuing it at about C$2.35 billion ($1.76 billion).
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Among leading gainers was B&M European Value Retail, up 4.5 percent after a report that Asda, the British supermarket arm of U.S. retail giant Wal-Mart, was considering a 4.4 billion pound takeover bid.
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On Friday it said it now had a 58.36% stake in the retailer and that its takeover bid was accepted by shareholders owning 29.36% of DIA capital as of the market close on May 16.
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Italy's market watchdog Consob on Friday approved the prospectus of a takeover bid on RCS by private equity firm Investindustrial and a group of RCS investors that will run from June 20 to July 210.
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During its defense against a takeover bid from Pfizer in 2014, AstraZeneca projected Brilinta sales reaching $3.5 billion by 2023, making it an important part of a $45 billion revenue target announced at the time.
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In May, Reuters reported, citing sources, that London-listed Faroe, which is developing a number of promising oil prospects in Norway, had hired investment bank Rothschild to prepare for a potential takeover bid by DNO.
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Bollore's media group, Vivendi, said it had raised its stake in Mediaset to 20 percent in a move that prompted a warning from the Italian government, which cautioned Vivendi against mounting a hostile takeover bid.
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Augsburg-based Kuka is the target of a takeover bid by the Chinese home appliance maker, which has fanned a furious debate over Chinese acquisitions in Europe, with some German politicians calling for tougher restrictions.
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FRANKFURT (Reuters) - China's Fujian Grand Chip Investment Fund has dropped its takeover bid for chip equipment maker Aixtron after the United States blocked the deal on security grounds, throwing the German company's future into doubt.
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The company has already faced fines in China and inquiries in the U.S., is in a bitter dispute with Apple (one of its biggest customers) and is fighting a hostile takeover bid from rival Broadcom.
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BENGALURU/MUMBAI (Reuters) - India's Mindtree on Tuesday rejected conglomerate Larsen & Toubro's hostile takeover bid, saying L&T's plan to acquire a controlling stake will not create value for the IT services firm or its shareholders.
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The pending proxy fight comes months after DepoMed, whose products treat pain and other conditions of the central nervous system, successfully beat back a $3 billion hostile takeover bid by an Irish rival, Horizon Pharma.
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FRANKFURT, May 30 (Reuters) - The positive stance taken by Kuka's management towards the 4.5 billion-euro ($5 billion) takeover bid by China's Midea was premature, the chief executive of major shareholder Voith said on Monday.
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In individual stock news, U.K. serviced office provider IWG saw shares close 27 percent higher after it disclosed that it had received a takeover bid from Canadian private equity firm Onex and Brookfield Asset Management.
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Outbound deals grew steadily since 2009 and hit about $200 billion in 2016, a year that included a massive $43 billion takeover bid for Swiss agribusiness Syngenta that was announced by China National Chemical Corp.
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Mach also said it has no intention to launch a formal hostile takeover bid and added that it will not raise the C$14 offer as long as the current Transat board is in place.
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Barrick Gold (GOLD) CEO Mark Bristow said he wants to speak to rival gold miner Newmont Mining (NEM) about a possible Nevada joint venture, even as Newmont rejects Barrick's $18 billion takeover bid as inadequate.
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Steinhoff, through its France-based furniture and household goods unit Conforama, last month offered $975 million for Darty Plc, Europe's No.3 electrical goods retailer, trumping a competing takeover bid from a French retailer Fnac .
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Jerry Yang, on the other hand, had a troubled second stint at Yahoo that included rejecting a $45 billion takeover bid from Microsoft in 2008 that led the Internet company into years of strategic disarray.
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Oslo-listed DNO, which produces most of its oil in the Kurdistan region of Iraq, clinched a hostile takeover bid for London-based Faroe Petroleum, valuing Faroe at 2232 million pounds ($22019 million), in January.
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The company said the rights plan was to reduce the likelihood of any entity gaining control through open market purchases, and not in response to any specific takeover bid or other proposal to acquire control.
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Broadcom raised its takeover bid for the rival chip maker Qualcomm to about $121 billion, piling pressure on fiercely opposed Qualcomm executives to agree to what would be the tech industry's biggest takeover to date.
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The company, which provides credit to people who do not meet the lending criteria of mainstream banks, has been growing its customer numbers since fending off smaller rival Non-Standard Finance's takeover bid last year.
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AMSTERDAM, March 9 (Reuters) - Akzo Nobel NV, the Dutch paints and coatings maker, said on Thursday it has rejected an unsolicited takeover bid from U.S. rival PPG Industries Inc, saying the bid "undervalued" its company.
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GKN is the subject of a hostile takeover bid from Melrose which it is trying to fight off an alternative plan to merge its auto unit with Dana, leaving it focused on its aerospace business.
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AS lifted its annual profitability target on Thursday after cost cuts led to a big improvement in the first half of the year, showing it can boost returns after rebuffing a $23 billion takeover bid.
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FRANKFURT, Nov 18 (Reuters) - PNE AG shareholder ENKRAFT has called for a special audit of a takeover bid for the German wind project firm from a fund controlled by Morgan Stanley, an investor letter showed.
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British-based Sky said Tuesday it could shut down Sky News if its ownership in the news channel proves to be a deterrent in a $15.4 billion takeover bid by Rupert Murdoch's 85033st Century Fox.
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Gannett's end now looks nigh; the company is presently laboring under a hostile takeover bid by a secretive hedge fund whose only demonstrated expertise lies in "strip-mining" publications of their final morsels of profit.
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PARIS, Feb 29 (Reuters) - Gameloft said on Monday that its board had unanimously rejected an unsolicited takeover bid by media group Vivendi as being against the interests of the mobile video games maker and its shareholders.
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TOKYO, Aug 4 (Reuters) - Japan's Nikkei share average gained on Thursday as bargain hunting prevailed during a see-sawing session, while refiner Idemitsu Kosan slid as its takeover bid for a Showa Shell hit an obstacle.
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CMA CGM's public tender will offer other shareholders 30 Swiss francs ($29.75) per share, valuing Ceva at 1.67 billion francs, a price agreed after Ceva rejected a takeover bid in October from Danish freight firm DSV.
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ZURICH, July 4 (Reuters) - HNA Group said on Monday it now owned 63.6 percent of the shares in Gategroup, just short of the minimum acceptance level for its takeover bid for the Swiss airline catering firm.
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Apollo Education Group — Private equity firm Apollo Global Management raise its takeover bid for the University of Phoenix online college operator to $10.50 per share from its original $10, boosting the deal's value to $1.14 billion.
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Media group Vivendi late last year raised its stake in Ubisoft above 11.5 percent and has not ruled out making a takeover bid for it and or rival Gameloft, in which it also has bought shares.
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Investors said the results and deal to buy Quadrant Energy in the state of Western Australia vindicated the firm's decision earlier this year to reject a $27.8 billion takeover bid from private equity-backed Harbour Energy.
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Berkshire Hathaway Inc's plan to inject $2700 billion into Occidental Petroleum Corp's takeover bid for Anadarko Petroleum Corp extends Buffett's strategy of extracting high-yielding preferred shares and stock warrants to fatten his company's bottom line.
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After rejecting four previous offers, Shire, which specialises in drugs for rare diseases and is listed in London, said it was willing to recommend to shareholders a preliminary takeover bid from Takeda, a smaller Japanese rival.
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MILAN (Reuters) - Italian media tycoon Urbano Cairo has secured 49 percent of influential publisher RCS Mediagroup as his takeover bid on Friday unexpectedly leapt ahead of a rival offer by a group of core RCS shareholders.
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Australia's Broadspectrum Ltd, which runs the country's offshore immigration detention camps, said first half net profit tripled, upgraded its earnings guidance and announced a share buyback as it fends off a takeover bid from Spain's Ferrovial.
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This is the second time the meeting is suspended - the first was on July 22 - and further frustrates Spain's Caixabank in its takeover bid to buy the rest of Banco BPI it does not already own.
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LONDON — Comcast formally unveiled a $30.7 billion takeover bid for Sky on Wednesday, putting the American cable giant squarely in a takeover battle with Rupert Murdoch's 393st Century Fox for control over the British satellite broadcaster.
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A handful of major U.S. retail names have collapsed in the past two years, including Sears Holdings Corp, which is now considering a revised takeover bid from billionaire Chairman Edward Lampert temporarily staving off a liquidation.
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SYDNEY (Reuters) - Australia's largest-listed grain handler, GrainCorp Ltd, said that suitor Long-Term Asset Partners (LTAP) has withdrawn its A$2.4 billion ($1.7 billion) takeover bid after due diligence, pushing shares to five-month lows.
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Busy time: The move comes at an unbelievably busy time for Qualcomm, which is in the midst of a massive legal battle with Apple and is the subject of a hostile takeover bid from rival Broadcom.
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BERLIN, May 31 (Reuters) - Germany's Economy Minister Sigmar Gabriel said on Tuesday he would welcome an alternative offer for industrial robot maker Kuka following Chinese home-appliance maker Midea's 4.5 billion-euro ($5 billion) takeover bid.
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AstraZeneca's own projection of $3.5 billion by 2023 makes Brilinta an important part of a $45 billion revenue target announced by the company as part of its defense against a takeover bid from Pfizer in 2014.
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FRANKFURT, Oct 4 (Reuters) - German car parts maker ZF Friedrichshafen on Tuesday said preliminary results from its takeover bid are expected to show it has failed to clinch majority control over Swedish braking systems maker Haldex.
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Hitachi has welcomed a decision by an Italian court to refer a dispute with market watchdog Consob over collusion allegations in its takeover bid for rail signaling company Ansaldo STS to the European Court of Justice.
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LAGOS, Feb 12 (Reuters) - The Nigerian bourse has approved the voluntary delisting of Seven-Up Bottling Co after it received a takeover bid from its majority shareholder with the aim of restructuring the soft drinks bottler.
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A €5.3bn takeover bid by private equity groups Bain and Cinven did not win enough shareholder support after just 65.52% of Stada's equity capital signed up for the deal, falling short of the 67.5% acceptance threshold.
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Gannett, the owner of USA Today, made a takeover bid for Tribune last month at $12.25 per share in cash, valuing the publisher of the Chicago Tribune and the Los Angeles Times at about $815 million.
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FRANKFURT, Aug 16 (Reuters) - Freenet AG said on Friday it would vote against a proposed 4.1 billion franc ($4.19 billion) capital hike at Sunrise Communications to fund a takeover bid for Liberty Global's Swiss unit UPC.
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The film, directed by John Goldschmidt, is "Dough" and gives us Nat (Jonathan Pryce), whose kosher London bakery is struggling and facing a hostile takeover bid from a cutthroat developer who wants to tear it down.
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Finnish power company Fortum will launch a full takeover bid for Uniper, the power stations and energy trading business part-owned by German utility E.ON, after reaching an agreement with E.ON. German reinsurer Munich Re's MUVGn.
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U.S. food giant Kraft Heinz, still smarting from its failed takeover bid for Europe's Unilever, is on the prowl for its next target and more names are being mentioned as possibilities, according to a new report.
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General Mills – General Mills was upgraded to "hold" from "sell" at Societe Generale, which points to both increased spending by the food company, as well as the potential for a takeover bid from rival Kraft Heinz.
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The company, which last week backed a A$836 million ($580.10 million) takeover bid by larger rival AP Eagers , estimated operating net profit after tax (NPAT) of about A$50 million for the 2019 financial year.
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Italy's market regulator Consob will meet again on Friday morning to decide on the winning takeover bid by Cairo Communication, la Repubblica reported, after the consortium that lost the bid requested Consob's intervention on the matter.
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In March, he blocked a $117 billion hostile takeover bid for Qualcomm by a rival chip maker, Broadcom, after a federal committee said an acquisition would reduce research spending on wireless technology essential to national security.
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Qualcomm on Tuesday increased its takeover bid for rival chip maker NXP Semiconductors to about $44 billion in hopes of shoring up support for the deal, and to potentially fend off its own unwanted suitor, Broadcom.
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Anadarko is reportedly considering backing Occidental's $38 billion takeover bid over the $33 billion offer it had accepted from fellow oil company Chevron, James Fontanella-Khan and Eric Platt of the FT report, citing unnamed sources.
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Petrol pump and convenience store operator Caltex Australia , which recently snubbed a A$34.50 per share takeover bid from Canada's Alimentation Couche-Tard, ended flat, with shares remaining under offer price for its third straight day.
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HONG KONG (Reuters) - Hong Kong-based private equity group PAG said on Wednesday a unit of the firm had launched a HK$5.24 billion ($671 million) unsolicited takeover bid for Spring Real Estate Investment Trust (REIT).
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A month and a half ago, Warren E. Buffett unveiled a $9 billion takeover bid for Energy Future Holdings, setting up a battle with a fellow billionaire, Paul E. Singer, over the bankrupt Texas utility operator.
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The hedge fund, which had already purchased nearly $3 billion worth of Energy Future debt to become the company's biggest creditor, began working on its own takeover bid, which it estimated would be worth $9.3 billion.
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LONDON — PPG Industries, an American paint and chemicals giant, again raised its takeover bid for Akzo Nobel, the Dutch maker of Dulux paint, on Monday, hoping to persuade its rival's management to engage in merger talks.
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The deal, which gives Oncor an implied equity value of $13 billion and an enterprise value of $18 billion, is the biggest takeover bid that Mr. Buffett has announced since buying Precision Castparts for $37 billion.
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MILAN, Dec 2 (Reuters) - Italy's Exor, the holding company of the Agnelli family, has agreed to buy a stake in GEDI before launching a takeover bid on the company, which publishes prominent daily newspaper La Repubblica.
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ATON and Murray & Roberts have been in a tug of war since March when the German company launched a takeover bid for Murray & Roberts that was rejected as poor value for shareholders by an independent board.
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New York (CNN Business)Gannett, the nation's largest newspaper chain and the publisher of USA Today, rejected a takeover bid by MNG Enterprises, the hedge fund-owned company also known as Digital First Media, on Monday.
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CMA CGM's public tender offer of 30 Swiss francs per share values Ceva at 1.67 billion Swiss francs ($1.66 billion), a price agreed after Ceva rejected a takeover bid in October from Danish freight firm DSV.
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Last year, Vonovia launched an 11-billion-euro hostile takeover bid for its biggest rival Deutsche Wohnen, but in late February said the deal had collapsed due to a lack of support from the target's shareholders.
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Just this week, banks dropped a €2.72bn leveraged loan financing for German online classifieds group Scout24 following a failed takeover bid, missing out on an approximate €28m fee that will further impact a depleted 2019 budget.
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Elliott, the biggest creditor to Energy Future, on Monday published correspondence with the utility operator that included descriptions of an alternative takeover bid that it was working on, which carried a price of about $9.3 billion.
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