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Foster's rebuffs A$2.7bn bid for its wine business
Foster's has rebuffed an indicative bid for as much as A$2.7bn (
TNS to buy Cequint for up to $112.5 million
Data-services provider TNS Inc. said Wednesday it will pay up to $112.5 million for Cequint Inc., which sells caller-ID goods and services to mobile phone operators. TNS said the acquisition will slightly reduce 2010 adjusted earnings but be neutral
Prolyte and Litestructures Announce Merger
PLASA 2010 sees the announcement of the merger of two of the strongest names in the trussing and staging industry; Prolyte Products Group, based in the Netherlands, and UK-based Litestructures. Both companies represent the cutting edge in professional
Verdict paves way for Sun takeover of Taro
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Big Banks May Be Left Out of Next Bank Takeover Surge
U.S. Bancorp (NYSE: USB) and PNC Financial Services Group Inc. (NYSE: PNC) may initiate a surge in bank takeovers, while the largest lenders may have to stand by and watch, according to a report from Bloomberg on Wednesday. Since October 2008,
Notable M&A Stock Deals of the Day (TUNE, ZGEN, CVX)
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Fosters rejects £1.6bn wine bid but move prompts takeover talk
Foster's, Australia's largest brewer, has rejected a private equity offer worth up to $2.5 billion (£1.6bn) for its wine business - which includes Penfolds and Wolf Blass - as too cheap, sending its shares up as much as 6 per cent on hopes of higher
Covenant Resources Signs Definitive Agreement for Acquisition of 41,500 acres in the Alberta Basin, Montana
FSC / Press Release Vancouver, British Columbia CANADA, September 08, 2010 /FSC/ - Covenant Resources Ltd. (CVA - CNSX), ("Covenant" or the "Company") wishes to announce the signing of a Definitive Agreement with Damont Energy Inc. ("Damont") for the
New York Times stock surges on takeover talk
NEW YORK (CNNMoney.com) -- Shares of the New York Times Company jumped Wednesday on rumors that the world's richest man could increase his stake in the newspaper publisher. The stock gained 62 cents, or 7.9%, to close at $8.38 per share. Despite the
Sacre-Coeur Minerals in Negotiations Regarding its Acquisition
FSC / Press Release Vancouver, British Columbia CANADA, September 08, 2010 /FSC/ - Sacre-Coeur Minerals Ltd. (SCM - TSX Venture, S5N - FWB), (the "Company") is pleased to announce that it has received a written non-binding proposal for the acquisition of
Bank Takeovers Heating Up
(Bloomberg) U.S. Bancorp and PNC Financial Services Group Inc. may lead the biggest boom in bank takeovers since 2007, and this time, the largest lenders can only sit and watch. Bank loans outstanding have dropped 10% since October 2008, the deepest
Taiwan plans to tighten M&A rules for financial firms
TAIPEI, Sept 8 - Taiwan's financial regulator is planning to require financial holding firms to buy a minimum 25 percent of any company they want to acquire, as a way of smoothing M&A processes. The plan comes after several failed hostile takeover
M&A the Right Way
Back in January, no one would have predicted that August 2010 would have been the busiest deal-making month of the year. But according to data from Thomson Reuters, August saw the most mergers and acquisitions in more than a decade. "Announced deals and
Airgas Spurns $5.5B Air Products Takeover Bid
With a crucial shareholder meeting looming, Airgas Inc. said Wednesday that its directors had rejected Air Products and Chemicals Inc.'s unsolicited takeover offer of $5.5 billion in cash as too low.The announcement from Airgas marked the latest chapter
Canada To Seek Input On Merger Enforcement Guide
Canada's Competition Bureau is planning to hold a series of talks to explore possible revisions to the country's merger enforcement guidelines as it considers bringing its antitrust policies more in line with those of the United States.The bureau said
Zombies take over Baltimore University curriculum
It is a class to die for - Zombie studies is now on the curriculum at the University of Baltimore. The new course, which promises to 'get you ready for a zombie apocalypse', invites students to devour classic zombie films and comics. Instead of essays,
Dana agrees to buy UK North Sea interests
HOUSTON, Sept. 8 -- Dana Petroleum PLC, Aberdeen, agreed to buy oil and gas interests off the UK from Petro-Canada UK Ltd. for $372 million, subject to adjustments. The sale is part of a divestment program of Suncor Energy Inc., of which Petro-Canada is
Couche-Tard increases odds of buying Casey's by raising bid to US$2 billion
MONTREAL - Alimentation Couche-Tard may have given itself a fighting chance in its hostile bid for Casey's General Stores by increasing its offer for the Iowa-based convenience store chain to US$2 billion. Canada's largest convenience store operator
Halliburton Announces Preliminary Results of Merger Consideration Elections by Boots & Coots Stockholders
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Halliburton Announces Preliminary Results of Merger Consideration Elections by Boots & Coots Stockholde
rs Halliburton (NYSE: HAL) announced today the preliminary results of the merger consideration elections made by stockholders of Boots & Coots (NYSE Amex: WEL) as to the form of merger consideration they wish to receive in connection with the
Local leaders urge defeat of Dollar Thrifty-Hertz merger proposal
Tulsa's civic and business leaders aren't content to wait for a shareholder vote on whether Tulsa-based Dollar Thrifty Automotive Group Inc. should agree to a $41-a-share merger with Hertz Global Holdings Inc. In a press conference at the Williams Center
Netezza, Symantec jump on takeover rumors
The global economy might not be on the mend as much as we would like, but there are plenty of IT behemoths sitting on big bags of cash, and tongues are a-wagging today about data warehousing appliance maker Netezza and security and systems software
Testosterone may drive aggressive takeovers: study
They found age was clearly linked with aggressive takeover behavior, and did a careful but indirect analysis to see if testosterone might be involved. It likely is, said Kai Li and colleagues at the Sauder School of Business at the University of British
The Law Office of Robbins Umeda LLP Announces an Investigation of the Acquisition of Microtune, Inc. by Zoran Corporation
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Personal Finance Daily: Condo owners may be ruing their decision to buy
By MarketWatch Don't miss these top stories: Buying a condo is supposed to make homeownership easier. Repairs and maintenance costs are built into the monthly dues in general, and often so too are the costs for garbage, sewer and many other expenses. All
Reuters Summit-EADS CEO says 1 bln euro M&A possible
(For other news from the Reuters Aerospace and Defense Summit, click here) * EADS in talks with some companies for acquisitions:CEO * Eyes defense, security, service deals, primarily in US * EADS could comfortably spend 1 bln euro on deal * Eyes 50-50
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Canada's Anatolia to buy Australia's Avoca for C$1 billion
BANGALORE (Reuters) - Canadian gold producer Anatolia Minerals Development Ltd agreed to buy Australia's Avoca Resources for C$1.01 billion ($964.7 million) to create an intermediate global gold producer. The offer represents a premium of about 9 percent
Dealtalk: BA-Iberia M&A plan highlights Asian airline prey
This copy is for your personal, non-commercial use only. To order presentation-ready copies for distribution to colleagues, clients or customers, use the Reprints tool at the top of any article or visit: www.reutersreprints.com. LONDON/BEIJING (Reuters)
DM Quarterly Review, M&A Activity Show Signs Of Movement
DM Quarterly Review, M&A Activity Show Signs Of Movement Consumers may not feel as though their wallets are getting any fatter, but a few sectors within the direct marketing community are exhibiting signs of health. Petsky Prunier?s assessment of
Zijin drops plan to take over congo copper firm
Zijin Mining Group Co has dropped a plan to acquire a Congolese copper miner, the second time this year it withdrew from an overseas investment plan. An agreement to acquire Platmin Congo Ltd expired on August 31 as the company failed to complete the
BOC in Talks to Buy Stake in Heng An Standard
(SinoCast Daily Business Beat via COMTEX News Network) -- Bank of China is in negotiation with Heng An Standard Life Insurance Co. about acquisition of maximum 50% stake in it, said sources from the Tianjin-headquartered insurer. Heng An Standard Life
MEC plans to merge 18 Cape agencies
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Pritchard finance brains behind possible Portsmouth takeover
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UPDATE 1-Canada's Anatolia to buy Australia's Avoca for C$1 bln
This copy is for your personal, non-commercial use only. To order presentation-ready copies for distribution to colleagues, clients or customers, use the Reprints tool at the top of any article or visit: www.reutersreprints.com. * Both cos' shareholders
Williams & Williams Worldwide Real Estate Auction and Auction NetworkTM Merge?
TULSA, Okla.--(BUSINESS WIRE)-- Dean Williams, co-founder and CEO of Williams & Williams, and Pam McKissick, founder of Auction Network and President of Williams & Williams, today announced that they have entered into a definitive agreement for the
Zoran to buy Microtune for $166M
Zoran Corp. said Wednesday it has agreed to acquire Microtune Inc. in a deal valued at $166 million. (ZRAN) (TUNE)
Atlas Copco to buy distribution operation in USA
- Swedish industrial technology group Atlas Copco AB (STO: ATCO A) said today its unit Atlas Copco Tools & Assembly Systems LLC has agreed to buy the sales and marketing operation of its distributor, US firm Kramer Air Tool Inc. The parties have agreed
Dana Petroleum Rebuffs KNOC's Offer As Inadequate; To Buy Certain UK Assets Of Petro-Canada - Update
(RTTNews) - UK-based Dana Petroleum plc (DNX.L) Wednesday urged its shareholders to reject the unsolicited offer from Korea National Oil Corp., or KNOC, citing that the price is inadequate and fails to recognize its existing value and strategic
BRIEF-FreightCar America to buy assets of DTE Rail Services
Sept 8 (Reuters) - FreightCar America Inc: * To acquire business assets of DTE Rail Services * Says deal value for about $23.2 million * Says expects the transaction to be immediately accretive to its earnings
PhillyDeals: Mergers and acquisitions popular again
'The number of M&A transactions and private-equity transactions have gone, from a standstill a year ago, to a steady drumbeat,' says Henry Nassau, head of the mergers-and-acquisitions practice at Dechert L.L.P. in University City. Manufacturers, miners,
Galapagos to take over GSK Zagreb R&D centre
Galapagos and GlaxoSmithKline (GSK) have signed an agreement under which Galapagos will take over GSK's research and development (R&D) centre in Zagreb, Croatia. The acquisition will allow Galapagos to resource research programmes from molecule through
Comtech, CPI International terminate merger agreement
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Comtech, CPI end merger deal
CPI pays $15 million termination fee. Comtech Telecommunications Corp. and CPI International Inc. said they have terminated their merger deal by mutual agreement. As part of the termination, Comtech received a $15 million termination fee from CPI.
6 Sep 10 Registers merger on the table Ministers ask three national bodies to explore benefits of amalgamation
Registers merger on the table Registers of Scotland could merge with the General Register Office for Scotland and the National Archives of Scotland under a proposal put forward by Scottish ministers. The three bodies have been asked to consider a merger,
Bajaj Hindusthan Ld Merger Update
London Stock Exchange 10 Patenoster Square London EC4M 7LS T +44 (0)20 7797 1000 F +44 (0)20 7334 8907 Dear Sirs, Account No.ISS009138 Ref: Global Depository Receipts (GDRs) (ISIN:US05710P4019) Re: Scheme of Amalgamation of Bajaj Hindusthan Sugar and
Roto Smeets eyes consolidation as Riva launches buyout bid
Pan-European print group Roto Smeets (RSDB) has announced a public offer by one of its main shareholders, the Netherlands-based investment firm Riva, that will result in the company being taken private. Riva, which announced its intention to make a , has
Dubai Financial Market merger boosts Nasdaq Dubai
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Comment - Foster's Group wine bid adds fizz to takeover talk
Foster's Group management will be celebrating with a glass of Wolf Blass Sparkling Rosé this evening after proving that someone wants to buy its wine business.
Ukraine PM rules out Gazprom-Naftogaz merger
* Ukraine seeks gas price discount * Russia wants control over Naftogaz in exchange * Azarov insists on joint venture rather than merger KIEV, Sept 8 (Reuters) - Ukrainian Prime Minister Mykola Azarov's office said on Wednesday his government would not
Report: Renaissance Capital names head of M&A emerging markets advisory biz
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Top Greek bank to raise capital amid takeover talk
AFP/File ? National Bank of Greece, a leading Greek bank, announced a capital increase amid pressure on banks here ? Related Quotes Symbol Price Change -107.24 1,091.84 0.00 2,208.89 0.00 ? 58 mins ago ATHENS (AFP) ? National Bank of Greece, a
RPG company to buy $95 mn US power transmission tower firm
In a leveraged buyout, KEC International Ltd, the power EPC (engineering, procurement and construction) company of RPG Enterprises, will acquire an US-based power equipment maker for at least $95 million (around '443.74 crore), the company said on
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