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Applied Materials Seen Winning Approval for Bid: Real M&A

2013-10-03 17:56:00| Semiconductors - Topix.net

Traders are wagering that a lengthy antitrust review won't stop Applied Materials Inc. from completing a $9.39 billion deal to help the world's No.

Tags: real ma materials applied

 

KPN pushes for higher bid from America Movil - report

2013-10-01 09:38:00| Telecompaper Headlines

(Telecompaper) KPN is pushing for a higher takeover bid from America Movil, people with knowledge of the negotiations told Bloomberg. The Dutch operator wants a higher offer than the EUR 2.40 a share indicated by America Movil, arguing that a tax offset from the sale of its German unit makes the company more valuable. The tax benefit should increase the price to around EUR 2.65 per share, KPN said. However, America Movil is pointing to the weaker prospects in the Dutch mobile market, amid the entry of new players such as Ziggo and Tele2, to justify the lower price. America Movil is also having trouble winning over KPN's largest shareholder, the independent foundation with just under 50 percent in the company, Bloomberg's sources said. The two sides are also still trying to resolve questions over job protections and investment plans. KPN shareholders are scheduled to vote on the sale of German unit E-Plus to Telefonica on 02 October.

Tags: report america higher bid

 
 

Eurostar to bid for London and Edinburgh rail route franchise

2013-10-01 01:00:00| Railway Technology

Channel tunnel train operator Eurostar is planning to submit a bid to operate the East Coast Main Line, a key rail route in the UK that is set to be privatised.

Tags: london route bid franchise

 

Knight ratchets up takeover bid for USA Truck

2013-09-30 23:02:05| Trucking - Topix.net

Knight Transportation on Monday turned up the heat in what is clearly a hostile takeover attempt of Van Buren-based USA Truck.

Tags: usa bid truck knight

 

Eurostar in East Coast Main Line bid

2013-09-30 11:59:21| BBC News | Business | UK Edition

The Channel Tunnel operator announces a joint bid to take over the running of the London to Scotland rail route.

Tags: line main east coast

 

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