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POSCO likely to withdraw bid for Dongbu package deal
2014-06-17 13:02:20| Steel - Topix.net
POSCO is likely to abandon its bid to acquire Dongbu Incheon Steel and Dongbu Dangjin Plant - two facilities belonging to the troubled Dongbu Group - following the unexpected downgrade of its credit rating last week by local assessment agencies.
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Firms launch fresh Alstom gas bid
2014-06-16 17:51:08| BBC News | Business | UK Edition
Siemens and Mitsubishi have come up with a fresh offer for France's Alstom in a rival attempt to General Electric's bid.
Siemens Said Preparing Alstom Energy Bid to Add Gas Turbines
2014-06-16 17:06:13| Industrial Machines - Topix.net
Siemens AG is preparing a bid for Alstom SA's energy unit that would leave it with the French company's gas turbines while allowing partners Mitsubishi Heavy Industries Ltd. and Hitachi Ltd. to expand their steam turbines and hydro businesses, people familiar with the matter said.
Hillshire backs off Pinnacle Foods offer so it can move forward with Tyson's takeover bid
2014-06-16 14:39:18| Food - Topix.net
Hillshire Brands Co. is backing off of its offer to buy Pinnacle Foods Inc., a move that it needs to make in order for its $7.75 billion proposed deal with Tyson Foods to go through.
Drillsearch ups bid for Ambassador
2014-06-16 08:40:28| Oil & Gas - Topix.net
Drillsearch Energy has ramped up the bidding war for Cooper Energy junior Ambassador Oil and Gas, sweetening its scrip offer with 5 a share in cash in an attempt to head off rival interest from US player Magnum Hunter Resources.
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