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Rival bid approach for cooker maker Aga

2015-09-01 10:15:54| BBC News | Business | UK Edition

Cooker manufacturer Aga Rangemaster has received a takeover approach from a second US firm, in a move that could spark a bidding war.

Tags: approach bid maker rival

Square's Swedish Rival Gets $67 Million From Intel, Zouk Capital

2015-08-28 11:06:31| Appliances - Topix.net

Swedish payments startup iZettle AB, a rival to Twitter Inc. founder Jack Dorsey's Square Inc., raised 60 million euros to expand in Europe and fund a plan to offer merchants cash advances on future card sales. The company, whose card-deck-sized devices are used by small businesses such as street-market vendors and neighborhood beauticians, completed the funding round led by existing investors Intel Capital and Zouk Capital, according to Jacob de Geer, iZettle's founder and chief executive officer.

Tags: capital million intel swedish

Monsanto abandons takeover bid for Swiss rival Syngenta

2015-08-26 19:19:52| Chemicals - Topix.net

Agricultural business giant Monsanto is abandoning its takeover bid for competitor Syngenta AG after the Swiss chemical producer rejected its latest offer of nearly $47 billion. A combination with Basel-based Syngenta would have made Monsanto the world's largest producer of farming chemicals, on top of its market-leading seed business.

Tags: bid swiss rival takeover

Exclusive: Toyota to buy 13 million air-bag inflators from Takata rival - sources

2015-08-21 04:28:26| Automakers - Topix.net

Toyota Motor Corp , seeking to reduce its risk from potentially lethal Takata Corp air-bag inflators, will buy millions of the component from smaller parts maker Nippon Kayaku Co , people familiar with the matter said. The Japanese carmaker asked the second-tier supplier last month to increase production so it can supply Toyota with more than 13 million inflators from next July until 2020, said a person with direct knowledge of the deal and a second individual who was briefed on it.

Tags: buy million sources exclusive