Mergers and Acquisitions Takeover Bids

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  • *Brazil beer volume down 4.5 pct after 10 pct drop in Q1. BRUSSELS, July 29- Anheuser-Busch InBev's chief executive urged SABMiller shareholders on Friday to recognise its improved takeover offer as a compelling last chance as it waits for its rival's view on the new $100- billion- plus bid. The maker of Budweiser, Stella Artois and Corona raised its bid for...

  • Hershey, which rejected a $23 billion buyout offer from Mondelez International Inc in June, said it was looking at more opportunities to cut costs and spend less on advertising and marketing this year. Hershey also reduced its capital expenditure budget to $265 million- $275 million for the year from $285 million- $295 million. The agreement with the...

  • July 28- Hershey Co, the maker of Hershey's Kisses and Reese's Peanut Butter Cups, reported a better-than-expected quarterly profit as stronger demand and a shift in the timing of shipments helped to boost sales in North America, its biggest market. Hershey, which rejected a $23 billion buyout offer from Mondelez International Inc in June, said volume sales were...

  • North America that were helped by promotions. Hershey, which rejected a $23 billion buyout offer from Mondelez International Inc in June, reported a net profit of $146 million, or 68 cents per share, for the second quarter ended July 3, compared with a loss of $99.9 million, or 47 cents per share, a year earlier. Net sales rose to $1.64 billion from $1.58 billion.

  • LONDON, July 27- SABMiller has told employees to pause the integration of its operations with those of Anheuser-Busch InBev as the brewer's board weighs its sweetened takeover offer, two sources familiar with the matter said. Still, AB InBev's U.S.-listed shares fell 3 percent and shares of Molson Coors, which is set to take over SAB's U.S. operations, fell 5...

  • LONDON, July 27- SABMiller has asked employees to pause the process of integrating its operations with those of Anheuser-Busch InBev as the brewer's board weighs its sweetened takeover offer, according to two sources familiar with the matter. Still, AB InBev's U.S.-listed shares fell nearly 4 percent and shares of Molson Coors, which is set to take over SAB's...

  • LONDON, July 27- SABMiller has asked employees to pause the process of integrating its operations with those of Anheuser-Busch InBev as the brewer's board weighs its sweetened takeover offer, according to sources familiar with the matter. The pause in operations is not an indication of the board's thinking, said one of the sources, who declined to be identified...

  • LONDON, July 26- Brewer Anheuser-Busch InBev has sweetened the terms of its $100 billion- plus takeover offer for SABMiller after a fall in sterling since Britain's vote to leave the European Union and a rise in AB InBev's shares reduced the attractiveness of the original terms for SABMiller shareholders. AB InBev will now offer 45 pounds a share, an increase...

  • *William Hill jumps after receiving takeover bid. LONDON, July 25- Britain's top share index ended lower after hitting an 11- month high on Monday, with a fall in crude oil prices hurting energy stocks and weaker gold prices and negative company updates dragging down precious metals miners. "The FTSE is held back by oil majors taking a significant 25 points off the...

  • *FTSE 100 up 0.1 pct, touches fresh year-high. *William Hill jumps after receiving takeover bid. The FTSE 100 was up 0.1 percent at 6736.54 points by 1014 GMT, having recorded its fifth straight week of gains in the previous session.

  • NEW YORK— Monsanto on Tuesday rejected a second and richer takeover bid from Bayer. Monsanto Co., a seed company, called the revised offer inadequate, as it did the initial bid. "The revised all-cash offer is a compelling opportunity and represents immediate and certain value for Monsanto shareholders amid recent weak business performance and Monsanto's...

  • Levinsohn: Yahoo perfect bid for Verizon/AOL

    Final bids for Yahoo's core assets are due today. Ross Levinsohn, Scout Media executive chairman and former Yahoo interim CEO, comments on the future of the company.

  • Levinsohn: State of Yahoo is troubled

    Final bids for Yahoo's core assets are due today. Ross Levinsohn, Scout Media executive chairman and former Yahoo interim CEO, comments on the future of the company.

  • ExxonMobil starts bidding war for InterOil

    The world's biggest oil company makes a bid worth at least $2.2-billion for InterOil and its stake in a rich Papua New Guinea gas field.

  • 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,...