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Mergers and Acquisitions Takeover Bids

  • NEW YORK, March 19- The Washington Companies said on Sunday it had previously made a proposal to acquire all of the outstanding common stock of mining company Dominion Diamond Corp. for $13.50 a share. "We are disappointed that Dominion's board has thus far prevented Washington from moving ahead with its proposal under which shareholders would receive a...

  • The Royal Dutch Shell logo

    Royal Dutch Shell has agreed to sell most of its Canadian oil sands assets for $7.25 billion to Canadian Natural.

  • Akzo Nobel NV, the Dutch paints and coatings maker, said it has rejected an unsolicited takeover bid from U.S. rival PPG Industries Inc

  • MADRID, March 2- Spain's carmaking plants were "well-placed" in the takeover talks between PSA Group and General Motors' European arm, Economy Minister Luis de Guindos said on Thursday after speaking to a senior executive at PSA. Between them, Opel and PSA, which makes Peugeot and Citroen cars, have three factories in Spain, which employ about 13,000 people in total.

  • The silhouette of a pedestrian is seen walking past the new headquarters of Time Inc. in New York.

    Shares of Time jumped Wednesday after a Bloomberg report, citing sources, indicated several companies may be interested in buying the media company.

  • LONDON, March 1- Rupert Murdoch's Twenty-First Century Fox will seek approval from the European Commission for its $14.4 billion bid for European pay-TV firm Sky in the coming days, a person familiar with the matter said. Notifying the European Commission will also give Britain's Department of Media 10 working days to decide whether the bid should be examined...

  • FRANKFURT, Feb 23- Buyout firm Advent International raised the stakes in a battle for German generic drugs maker Stada Arzneimittel on Thursday with a 3.6 billion euro takeover offer, giving management until Monday to respond. Advent said it offered 58 euros per share, limited until Monday, and made its takeover conditional on receiving an endorsement from...

  • PARIS, Feb 23- France's Safran has rejected criticism by a UK hedge fund over the strategy, structure and financial terms of a proposed $9 billion friendly bid for Zodiac Aerospace and says it stands by its plans to acquire the seats manufacturer. Stepping up a war of words over its agreed offer to create the world's third largest aerospace supplier, the French...

  • *Advent makes binding 58 euros/ share offer. FRANKFURT, Feb 23- Buyout firm Advent International raised the stakes in the three-way bidding tussle for German drug company Stada Arzneimittel on Thursday with a 3.6 billion euro takeover offer, giving management until Monday to respond. Previous expressions of interest, which have been non-binding, were 56 euros...

  • *Follows rejection of $143 bln Kraft takeover bid. LONDON, Feb 22- Unilever sought to show shareholders it can go it alone on Wednesday after rejecting Kraft Heinz's $143 billion bid, with the promise of a swift, far-reaching review. Kraft, backed by Warren Buffett and private equity firm 3 G, had wanted to buy Unilever, which is being advised by Centerview following...

  • LONDON, Feb 22- Anglo-Dutch consumer goods group Unilever said it was reviewing its options to drive shareholder value, just days after it swiftly rejected a surprise $143 billion takeover bid from Kraft Heinz. Kraft, which is backed by Warren Buffett and the private equity firm 3 G, had wanted to buy Unilever as part of its strategy of buying competitors and...

  • LONDON, Feb 22- Anglo-Dutch consumer goods group Unilever said it was reviewing its options to increase shareholder value, just days after it swiftly rejected a surprise $143 billion takeover bid from Kraft Heinz. "The events of the last week have highlighted the need to capture more quickly the value we see in Unilever," it said in a brief statement.

  • BMY clearly 'attractive' takeover target: Pro

    Barbara Ryan, Barbara Ryan Advisors, talks about Carl Icahn's stake in Bristol-Myers and other possible big pharma deals in 2017.

  • Activist Carl Icahn pressures Bristol-Myers

    CNBC's Meg Tirrell reports billionaire investor Carl Icahn takes a stake in Bristol-Myers Squibb and could see it as a possible takeover target.

  • LONDON, Feb 20- Shares in Anglo-Dutch consumer goods group Unilever dropped 8 percent on Monday after U.S. rival Kraft Heinz Co abruptly ditched its surprise $143 billion merger proposal. Concerns had also been raised about political scrutiny in Britain where Prime Minister Theresa May had indicated she would be more proactive in vetting foreign takeovers...

  • LONDON, Feb 17- U.S. food company Kraft Heinz Co made a surprise $143 billion offer for Unilever Plc in a bid to build a global consumer goods giant, although it was flatly rejected on Friday by the maker of Lipton tea and Dove soap. A combination would be the third-biggest takeover in history and the largest acquisition of a UK- based company, according to Thomson...

  • LONDON, Feb 17- U.S. food company Kraft Heinz Co made a surprise $143 billion offer for Unilever Plc in a bid to build a global consumer goods giant, although it was flatly rejected on Friday by the maker of Lipton tea and Dove soap. A combination would be the third-biggest takeover in history and the largest acquisition of a UK- based company, according to Thomson...

  • LONDON, Feb 17- U.S. food company Kraft Heinz Co made a surprise $143 billion offer for Unilever in a bid to build a global consumer goods giant, although it was flatly rejected on Friday by the maker of Lipton tea and Dove soap. A combination would be the third-biggest takeover in history and the largest acquisition of a UK- based company, according to Thomson Reuters...

  • A combination would be the third-biggest takeover in history and the largest acquisition of a UK- based company, according to Thomson Reuters data, triggering British fears over jobs. It would bring together some of the world's best known brands, from toothpaste to ice creams, and combine Kraft's strength in the U.S. with Unilever's in Europe and Asia.

  • A combination would be the third-biggest takeover in history and the largest acquisition of a UK- based company, according to Thomson Reuters data, triggering British fears over jobs. It would bring together some of the world's best known brands, from toothpaste to ice creams, and combine Kraft's strength in the U.S. with Unilever's in Europe and Asia.