The Phoenix- based company, which owns office, retail and industrial properties, is trying to fend off American Realty while it proceeds with plans to purchase its external adviser, Cole Holdings Corp., and go public.
SALT LAKE CITY-- Private equity firm Energy Capital Partners has raised its buyout offer for nuclear contractor EnergySolutions Inc. to about $378 million, gaining the support of a key shareholder. A deal between Energy Capital and EnergySolutions was initially announced back in January, but needed the approval of EnergySolutions' shareholders.
HOUSTON-- Crest Financial Ltd., the largest minority shareholder of Clearwire Corp., is offering the wireless operator $240 million in debt financing, which would free it up to consider options beyond a takeover offer from Sprint Nextel Corp..
*Says JAB proposing 12.75 euros per share. AMSTERDAM, March 28- D.E Master Blenders 1753 said on Thursday it received a 6.4- billion-euro takeover offer from German investor Joh A Benckiser, sending shares of the Dutch coffee and tea maker up more than 25 percent.
PHOENIX-- Cole Credit Property Trust III Inc. said Thursday that it will review a $6.7 billion takeover offer from competing real estate investment fund American Realty Capital Properties Inc.. American Realty on Wednesday offered $12.50 per share in cash or 0.80 a share of its common stock for each share of Cole Credit.
March 28- Azimuth Resources Ltd:. *Recommended takeover offer of Azimuth by Troy Resources. *Says offer values Azimuth at A $0.437 per share.
MILAN, March 27- Octo Telematics, an Italy- based company that makes vehicle recording devices for the auto insurance market, is looking for a buyer and will send information to potential bidders in the second part of April, a person close to the matter said.
MILAN, March 27- Telecom Italia has rejected a request by investor Findim, who owns 5 percent in the group, to discuss possible actions to revive the group at next shareholder meeting, Findim said in a statement. "We are certainly not satisfied, no one is satisfied," Fossati said in his request to Telecom Italia.
MADRID, March 27- Spain's stock market regulator said that share trading in Vueling would resume at 1545 GMT, following an announcement by International Airlines Group that it would raise its takeover offer for the budget airline.
MADRID, March 27- The International Airlines Group said on Wednesday it had raised its takeover offer for budget airline Vueling to 9.25 euros per share from 7 euros after the carrier rejected the previous offer. IAG also said it would extend the acceptance period for the offer to 48 days from 39 days.
*Raises offer to $13.59 per share in stock from $12. American Realty increased its offer to $12.50 per share in cash or $13.59 per share in stock from $12 per share in either cash or stock, and said the revised figure takes into account Cole Credit's planned acquisition of its external adviser.
MOSCOW, March 27- Russian state-controlled telecoms operator Rostelecom said on Wednesday it would buy out shareholders who vote against its merger with Svyazinvest at a premium to the market price.
*Raises offer to $13.59 per share in stock from $12. American Realty increased its offer to $12.50 per share in cash or $13.59 per share in stock from $12 per share in either cash or stock. Based on the $13.59 per share valuation, the revised deal would value Cole Credit at about $6.7 billion, up from the original $5.7 billion, American Realty said.
March 27- British construction company Kier Group Plc said it was considering making an offer for infrastructure maintenance provider May Gurney, setting the stage for a possible bidding war with smaller peer Costain Group Plc.
March 27- American Realty Capital Properties Inc. raised its offer price for Cole Credit Property Trust III to $13.59 per share in stock or $12.50 per share in cash. It had earlier offered $12.00 in cash or 0.80 of its share for each share of Cole Credit.
March 27- American Realty Capital Properties Inc:. minimum of $13.59 per share, for $9.7 billion based on newly disclosed. *American realty capital-arcp to increase quarterly dividend to 93 cents per.
March 27- British credit card insurer CPPGroup, hit by the loss of two big contracts, said founder and majority shareholder Hamish Ogston had offered to buy the company for an indicative 1 pence per share, or 1.7 million pounds.
March 27- Benton Capital Corp:. *Provides shareholder update on unsolicited offer from Gold Royalties. *Benton's board of directors has yet to receive a formal written offer from.
LONDON, March 27- CPPGroup PLC:. *Offer at an indicative price of 1 pence per ordinary share. *Approach is at an early stage.