Mergers and Acquisitions Takeover Bids

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  • July 18- SolarCity Corp, which received a takeover bid from Elon Musk's Tesla Motors in June, said it has raised $345 million in tax equity and also increased its debt facility by $110 million to $760 million. San Mateo-based Solar City had raised $728 million in financing, partly through tax equity, during the first quarter. SolarCity said on Monday that $70...

  • *Japanese yen ebbs on US dollar as Turkey coup fails. SYDNEY, July 18- The U.S. dollar gained on the yen on Monday as investors unwound safe-haven trades in the wake of the failed coup in Turkey, while a giant takeover bid in the tech sector and the promise of central bank stimulus lent support to equities. The dollar was at 105.50 yen having briefly been as low as 104.63...

  • *Japanese yen ebbs on US dollar as Turkey coup fails. SYDNEY, July 18- The U.S. dollar gained on the yen in Asia on Monday as investors unwound safe-haven trades in the wake of the failed coup in Turkey, while a giant takeover bid in the tech sector and the promise of central bank stimulus lent support to equities. The dollar was at 105.60 yen having briefly been as low as...

  • CNBC's Dominic Chu reports that Bayer has raised its offer for Monsanto to $125 per share, up from $122.

  • July 13- Seed company Monsanto Co, which rejected Bayer AG's buyout offer in May, is exploring various transactions, including the acquisition of BASF's agriculture-solutions unit, Bloomberg reported. In return, BASF would likely receive newly issued shares in Monsanto, Bloomberg said, citing people familiar with the matter. Talks with Bayer are continuing,...

  • July 13- Seed company Monsanto Co, which rejected Bayer AG's buyout offer in May, is exploring various transactions, including the acquisition of BASF's agriculture-solutions unit, Bloomberg reported. In return, BASF would likely receive newly issued shares in Monsanto, Bloomberg said, citing people familiar with the matter. Talks with Bayer are continuing,...

  • South Africa's Steinhoff will bulk up its presence in the British market after agreeing a 597 million pound ($794 million) takeover of Poundland.

  • LONDON, July 13- South Africa's Steinhoff will bulk up its presence in the British market after agreeing a 597 million pound takeover of single price retailer Poundland, it said on Wednesday. That offer is comprised of 220 pence per Poundland share as well as a final dividend of 2 pence per share. The move for Poundland is Steinhoff's third attempt this year to...

  • LONDON, July 13- South Africa's Steinhoff will bulk up its presence in the British market after agreeing a 597 million pounds takeover of single price retailer Poundland, it said on Wednesday. That offer is comprised of 220 pence per Poundland share as well as a final dividend of 2 pence per share. The move for Poundland is Steinhoff's third attempt this year to...

  • The app-based ride-hailing company will deliver free ice cream in Albany, Utica, Buffalo and Troy on Friday as part of a larger ice cream giveaway in 400 cities around the world where Uber operates. New York lawmakers adjourned last month without passing legislation allowing Uber to expand outside New York City. Uber's New York general manager Josh Mohrer says...

  • *Disclosure is response to criticism of Shenzhen Metro deal. HONG KONG, July 12- China Vanke Co Ltd said it and partners are in talks to acquire some commercial property firms from Blackstone Group LP and other third parties for 12.9 billion yuan. Fearing a hostile takeover bid by its biggest shareholder, financial conglomerate Baoneng, Vanke's management last...

  • HONG KONG, July 6- China Vanke Co Ltd's largest shareholder has nudged up its stake after a setback in its efforts to oust the property developer's board, fanning speculation of a rare hostile takeover bid for a mainland Chinese company. Baoneng built up a holding of about 24 percent last year and fearing a hostile bid, Vanke's management last month announced a...

  • HOG gone wild

    The "Fast Money" traders discuss the trade on Harley Davidson with possible takeover chatter from KKR.

  • The U.S. Department of Justice said Sanchez lied in a July 2011 Securities and Exchange Commission deposition when he denied knowing other people who bought Potash securities before Potash revealed Anglo-Australian mining company BHP Billiton Plc's unsolicited $38.6 billion takeover bid. Prosecutors said the SEC did not discover the account and the...

  • NEW YORK/ LOS ANGELES, July 1- An elaborate structure put in place to preserve Hershey Co's ties to its local community has been roiled by scandal, creating an opening that Mondelez International Inc seized on to launch a $23 billion for the chocolate giant. But the Trust set up over 100 years ago to help underprivileged children is now being investigated by the...

  • Rumors send bulls to Harley-Davidson

    CNBC's Courtney Reagan has details of a takeover bid report for Harley-Davidson. The FMHR traders, and Stephanie Link, TIAA Global Asset Management, discuss the likelihood of this deal with KKR.

  • The chocolate company received a preliminary offer from Mondelez for a mix of cash and stock totaling $107 per Hershey share.

  • Hershey's

    Hershey said on Thursday it had rejected a $23 billion takeover bid by Mondelez International.

  • June 30- Hershey Co said on Thursday it had rejected a $23 billion takeover bid by Mondelez International Inc that would seek to expand the latter's limited U.S. footprint and create the world's largest confectioner. The snub underscores the challenges Mondelez Chief Executive Irene Rosenfeld faces in wooing Hershey's controlling shareholder, the Hershey...

  • Hershey says 'kiss off'

    Discussing Mondelez's failed takeover bid for Hershey with the "Fast Money" traders.