Your Search Returned 65 tagged news reports
UK confectioner Cadbury will soon find out if it will be the target of a hostile bid by would-be US suitor Kraft Foods. Under Takeover Panel rules, Kraft has until 1700 BST on Monday to make a new offer or walk away for six months. Reports in UK newspapers...
Tags: Kraft Foods, hostile bid, Cadbury, food group, takeover bid, hostile takeover
Once someone reaches a 30% shareholding in a company they are deemed by the Takeover Panel to have "effective control" of the firm and must then make an offer for the remaining shares The price offered cannot be lower than the highest price the offerer...
Tags: Kroenke Arsenal, Stan Kroenke, Peter Hill-Wood, takeover bid
The move marks the latest swoop on an Australian infrastructure group by Canada's pension funds, taking advantage of beaten-down share prices as their targets struggle to refinance debt in the credit crunch. Transurban, worth $6 billion ahead of the announcement,...
Tags: Transurban Group, pensions plan, pensions funds, canada pensions, plan investment, investment board, takeover bid, Statistics Canada, toll roads, roads operates
US tycoon Stan Kroenke's steady acquisition of shares in Arsenal Football Club has observers wondering what his next move will be. In a series of small but regular share purchases, Mr Kroenke has built up a stake approaching the point where he will be...
Tags: Stan Kroenke, Arsenal Holdings PLC, Arsenal Football Club, Mr Kroenke, largest shareholder, club arsenal, American, premier league, takeover bid, league club
The bid was made on Sept. 29, and is due to close on Oct. 30. Horizon chairman Rob Tait said the trust referred to the ownership review undertaken last year and its decision not to go ahead with any merger or sale of its holding. Last week, Horizon’s...
Tags: Horizon Energy, Marlborough Lines Offer, majority shareholder, takeover bid, Eastern Bay Energy Trust
Hong Kong billionaire Carson Yeung, who hopes to complete his $130 million purchase of Birmingham City in the next three weeks, wants the Premier League club to spearhead a revolution in Chinese soccer. Yeung's Grandtop International Holdings Limited...
Tags: Birmingham City Yeung, Carson Yeung, businessman carson, Hong Kong, kong businessman, takeover bid, United Kingdom, Birmingham
The criticism comes in a letter from Cadbury chairman Roger Carr, to Irene Rosenfeld, chief executive of Kraft. It was published on the Cadbury website at the weekend and a copy of the letter will be released to the stock exchange tomorrow. Carr, a City...
Tags: Kraft Foods Inc., Cadbury PLC., Irene Rosenfeld, Roger Carr, chief executive, chairman roger, takeover bid, United Kingdom, London
In a terse letter sent yesterday to Irene Rosenfeld, chairman and chief executive of Kraft Foods, Carr dismissed the American giant’s $16.7 billion (£10 billion) takeover offer, which was tabled last Monday. He argued that it fundamentally failed to reflect...
Tags: Kraft Foods Inc., Cadbury PLC, Cadbury Defends Rejection, Roger Carr, low growth, growth conglomerate, cadbury chairman, Irene Rosenfeld, kraft bid, takeover bid
Gold won't deny Hammers link Saturday 15 Aug 2009 Birmingham City chairman David Gold has refused to play down speculation linking him with a takeover bid for West Ham United. Gold, who once owned a stake in the Hammers alongside business partner and...
Tags: Carson Yeung, takeover bid, Birmingham City Controversial
Shares in Venture Production, the North Sea oil and gas group, rose this morning as shareholders threw their weight behind the company's decision to reject Centrica's £1.3 billion offer for the business, branding the 845p a share offer as "opportunistic".
Tags: Centrica, Venture Production Venture, Key Venture, North Sea, gas producer, Larry Kinch, independent gas, share offer, takeover bid, leading independent