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America Movil delays KPN bid until October

2013-09-30 08:38:00| Telecompaper Headlines

(Telecompaper) America Movil said it does not expect to launch its public bid for KPN until October. The offer of EUR 2.40 per share was previously expected in September, but America Movil is still in talks with KPN and the Dutch operator's stakeholders about the terms of the deal. America Movil said it's making "good progress" towards finalizing preparations for the bid and expects to publish the offer memorandum in the course of October. The company said it was still considering its options in relation to the move last month by the Stichting Preferente Aandelen B KPN, a private foundation set up to protect KPN's interests, to take a blocking stake in the company. America Movil said that it still could withdraw its intended offer or not declare the offer unconditional, if the foundation retains its right to acquire or vote the preference shares.

Tags: october america bid delays

 

Northwest Pipe comes up short on Michigan project bid | Sept. 27,

2013-09-28 11:41:06| Steel - Topix.net

Vancouver-based Northwest Pipe Co. has failed in its effort to win a multi-million dollar contract, according to a report in the Flint Journal.

Tags: short project bid michigan

 
 

USA Truck disappointed takeover bid made public

2013-09-27 18:42:28| Trucking - Topix.net

USA Truck is disappointed Knight Transportation made public its unsolicited takeover offer of about $94.5 million and says the company is being misleading in its version of events.

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National/Global: Eldridge launches congressional bid

2013-09-27 17:48:41| Chemicals - Topix.net

Sean Eldridge, a former staffer for Freedom to Marry and a leading advocate for marriage equality, announced his candidacy for New York's 19th Congressional District on Sept.

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French carmakers back German bid to delay CO2 curbs - sources

2013-09-27 17:44:00| Climate Ark Climate Change & Global Warming Newsfeed

Reuters: Germany has enlisted French carmakers' support for a last-ditch bid to delay new EU vehicle emissions limits by four years as it battles to win more time for its luxury auto industry, government officials and diplomats said. Berlin wants to re-open and water down draft carbon dioxide goals agreed in June by introducing the phase-in period, under a proposal circulated by diplomats on Friday and seen by Reuters. Chancellor Angela Merkel's government is engaged in an uphill struggle to weaken...

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