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Renaissance Technologies Continues to Bid on This Stock, But You Should Not

2014-04-08 02:20:13| Oil & Gas - Topix.net

Midstream companies have seen a boom in activities recently that has paid increasing dividends to shareholders.

Tags: you not should stock

 

Numericable gets SFR nod with 13.5bn bid

2014-04-07 02:00:00| Total Telecom industry news

Vivendi agrees to sell mobile unit to cable operator, despite five separate offers from Bouygues Telecom, which now finds itself in a difficult position.

Tags: bid nod sfr numericable

 
 

Mylan Is Rejected in Bid to Buy Swedish Drugmaker Meda

2014-04-04 20:28:30| Appliances - Topix.net

Mylan Inc., the biggest U.S. generic-drug maker, was rejected in its bid to buy Meda AB, the Swedish pharmaceuticals maker valued at about $4.5 billion.

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US/FRANCE: Brown-Forman silent over Remy Cointreau bid speculation

2014-04-04 16:35:33| Daily beverage news and comment - from just-drinks.com

Brown-Forman has declined to comment on speculation it is eyeing a bid for Remy Cointreau, while shares in the French group have been boosted by the rumours.

Tags: bid silent speculation remy

 

Bouygues offers more cash, less equity in third bid for SFR

2014-04-04 11:35:00| Telecompaper Headlines

(Telecompaper) French conglomerate Bouygues submitted a revised offer to acquire SFR from Vivendi on 4 April, with a EUR 1.85 billion increase in the cash element to EUR 15 billion. Bouygues proposes to offer Vivendi a smaller, 10 percent stake in the merged entity, which is expected to be worth EUR 1 billion before synergies and EUR 2 billion including them. As declared previously, Bouygues is offering a EUR 500 million earn-out clause, which could bring the total value of SFR to EUR 16.5 billion before synergies. Bouygues also said it would invest EUR 850 million in Bouygues Telecom-SFR, in addition to the contribution of its equity interest. Under the terms of the offer, it will hold 51 percent of the merged company at closing, with 10 percent for Vivendi and 39 percent for industrial and financial partners. An IPO of the new entity would take place right after the merger's completion. Furthermore, Bouygues confirmed that the financing for the operation is fully secured and that the final, definitive loan documents have been signed.

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