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Perry Ellis receives surprise takeover bid

2018-07-03 12:34:00| Daily apparel & textile news and comment - from just-style.com

US apparel business Perry Ellis International has received an unexpected takeover bid from privately-held Randa Accessories Leather Goods - just weeks after approving a US$437m transaction to become a private company.

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Eutelsat drops plans for Inmarsat bid

2018-06-26 09:00:00| Telecompaper Headlines

(Telecompaper) Eutelsat has dropped plans for a possible takeover bid for Inmarsat, less than 24 hours after first announcing the intentions. 

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Eutelsat says considering takeover bid for Inmarsat

2018-06-25 17:56:00| Telecompaper Headlines

(Telecompaper) Eutelsat said it is considering making a takeover bid for rival satellite operator Inmarsat. The company did not comment on the possible value or terms of the bid, saying only that it "notes the recent speculation and confirms that it is currently evaluating a possible offer for Inmarsat". 

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M&S furthers digital first bid with Microsoft partnership

2018-06-21 14:20:00| Daily apparel & textile news and comment - from just-style.com

Marks & Spencer has announced a strategic partnership with multinational technology company Microsoft in a move aimed at transforming the retail experience using the power of artificial intelligence (AI).

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Disney agrees higher bid with cash for 21st Century Fox

2018-06-20 16:45:00| Telecompaper Headlines

(Telecompaper) 21st Century Fox has agreed a new takeover offer from Disney, adding a cash element to the originally all-stock deal and beating the rival bid from Comcast. Under the amended agreement, Fox shareholders will receive USD 38 per share, in a choice of cash or stock, with a maximum 50 percent of the total price in cash for Disney. The total equity price of USD 71.3 billion tops Comcast's offer of USD 65 billion for Fox and Disney's first offer of USD 52.4 billion all in stock. 

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