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South Korea fund to abstain from Samsung merger vote, wants share buybacks
2014-10-25 09:55:16| Semiconductors - Topix.net
South Korea's National Pension Service does not support the merger of two Samsung Group units and plans to ask them to buy back its holdings in the pair, an NPS spokeswoman said on Saturday. NPS, the world's fourth-largest pension fund, currently owns 5.9 percent of each of the two Samsung units, the spokeswoman said.
South Korea fund to abstain from Samsung merger vote, wants share buybacks
2014-10-25 09:33:11| Electronics - Topix.net
South Korea's National Pension Service does not support the merger of two Samsung Group units and plans to ask them to buy back its holdings in the pair, an NPS spokeswoman said on Saturday. NPS, the world's fourth-largest pension fund, currently owns 5.9 percent of each of the two Samsung units, the spokeswoman said.
Chiquita shareholders reject Fyffes banana merger
2014-10-24 18:16:24| Agriculture - Topix.net
Chiquita shareholders rejected Friday a merger with European rival Fyffes that would have created the world's largest banana trader, opening the way for a $680 million takeover by Brazilian bidders. The board of Chiquita Brands said it had terminated talks with Fyffes and would begin discussions with Brazilian juice exporter Cutrale Group and investment bank Safra Group, which on Thursday raised their unsolicited bid for Chiquita to $14.50 a share.
Tags: shareholders
reject
banana
merger
AT&T 'optimistic' about DirecTV merger in wake of halt on FCC review
2014-10-24 17:59:52| Telecom - Topix.net
AT&T CFO John Stephens said he wasn't worried about the FCC's decision to stop the 180-day time clock on the review of its merger with DirecTV. The Federal Communications Commission has stopped the clock on its review of the proposed $48.5 billion merger of AT&T Inc. and DirecTV after receiving objections from companies concerned about the release of confidential information.
Chiquita shareholders to vote on merger Friday morning
2014-10-24 14:20:30| Food - Topix.net
Chiquita shareholders will hold a special vote in uptown Friday morning to decide whether to merge with Fyffes. If the merger goes through, the company's headquarters could leave Charlotte, just a few years after moving to the Queen City.
Tags: friday
vote
morning
shareholders
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