Mergers and Acquisitions Takeover Bids

  • 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.

  • 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,...

  • 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...

  • *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...