Takeover Bids
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May 1- A Goldman Sachs Group Inc affiliate plans to spend $743 million to buy Ebix Inc, an insurance software provider that has been a target of allegations from short-sellers about inaccuracies in its financial statements.
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*Completion of confirmatory due diligence. *Says due diligence condition in takeover bid implementation deed with Archer. Daniels Midland Co has been satisfied.
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*Emma Delta sole bidder for a 33 pct stake* Czech-Greek fund initially offered 622 mln euro* Had until May 1 to improve bid* Privatisation agency to meet 1100 GMT to decide on offer.
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ATHENS, May 1- Greek-Czech investment fund Emma Delta, the sole bidder in the race to buy Greek state-controlled gambling monopoly OPAP, has agreed to a demand by Athens to raise its offer to 650 million euros, officials involved in the sale told Reuters on Wednesday.
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SAN FRANCISCO, April 30- Yahoo Inc has abandoned an effort to acquire a majority stake in online video website Dailymotion due to objections by the French government, according to media reports, scrapping what would have been the biggest deal in the 10- month tenure of Yahoo CEO Marissa Mayer.
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April 30- Leo Hindery's InterMedia raised its offer for cable network Outdoor Channel Holdings Inc to $9.15 per share in cash, outbidding a rival offer of $8.75 per share in cash from Kroenke Sports& Entertainment LLC.
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*Emma Delta investors in Athens to discuss offer- sources. ATHENS, April 30- Investors from the only suitor for Greece's OPAP were meeting on Tuesday to discuss an improved eleventh-hour offer for the gambling monopoly, officials said, as Athens sought to avoid the sale process ending in failure.
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CNBC's David Faber reports the latest details on a potential bid to buy Vodafone's stake in Verizon Wireless.
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TOKYO, April 30- SoftBank Corp President Masayoshi Son said on Tuesday that a counteroffer for U.S. wireless carrier Sprint Nextel Corp from Dish Network Corp.
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*Intel CEO backed SoftBank's bid for Sprint in letter to FCC. TOKYO, April 30- SoftBank Corp said there is no need to improve its $20.1 billion bid for 70 percent of U.S. wireless carrier Sprint Nextel Corp, which has been challenged by a counter-offer from Dish Network Corp.
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Anglo-Dutch consumer goods giant Unilever Plc will pay $5.4 billion to raise its stake in its Indian unit, in a bet on fast-growing spending power in Asia's third-largest economy.
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MUMBAI, April 30- Anglo-Dutch consumer goods giant Unilever Plc will pay as much as $5.4 billion to raise its stake in its Indian unit, Hindustan Unilever, to up to 75 percent in a bet on fast-growing spending power in Asia's third-largest economy.
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April 30- Anglo-Dutch company Unilever Plc, along with Unilever N.V. will acquire about 487 million shares, or 22.52 percent, of India's Hindustan Unilever in a deal valued at about $5.4 billion.
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April 29- Intel Corp Chief Executive Paul Otellini said in a letter to the Federal Communications Commission that he supports SoftBank's bid for Sprint Nextel Corp, rather than Dish Network's counter offer.
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April 29- Sprint Nextel Corp on Monday said its merger partner, SoftBank Corp, has waived some terms of their agreement so that Sprint can seek more information from rival suitor Dish Network Corp. The exchange of information between Sprint and Dish indicates the companies are in conversations about the satellite broadcaster's $25.5 billion takeover bid, even if Sprint for now is standing by its $20.1 billion pact with SoftBank.
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*SoftBank grants waiver for Sprint to question Dish. The exchange of information between Sprint and Dish indicates the companies are in conversations about the satellite broadcaster's $25.5 billion takeover bid, even if Sprint for now is standing by its $20.1 billion pact with SoftBank.
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The privatisation fund did not name the bidders but a source at the fund said they included a consortium led by French group Suez Environnement and Greek construction firm Ellaktor, a consortium of Greek construction firm GEK TERNA, Israeli firm Mekorot and Greek businessman George Apostolopoulos and a third group led by Greek businessman Ivan Savvidis.
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Germany's Bayer has agreed to buy U.S. contraceptive devices maker Conceptus for $1.1 billion, aiming to underpin its position as the world's largest women's healthcare provider.
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Their comments followed a Reuters report on Wednesday that Verizon had hired advisers to prepare a possible $100 billion bid to buy Vodafone's 45 percent stake in their Verizon Wireless joint venture, likely to be structured as a roughly 50:50 cash and stock bid.
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MOSCOW, April 29- Russia's second-largest bank VTB said on Monday investors have subscribed for the entirely of its 102.5 billion rouble share offering, with bids from sovereign wealth funds in Norway, Qatar and Azerbaijan. The bank said that Norges Bank Investment Management, Qatar Holding and State Oil Fund of Azerbaijan are among investors.