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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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Disney increases bid for Murdoch's Fox assets

2018-06-20 14:45:06| BBC News | Business | UK Edition

Disney has raised its offer for 21st Century Fox to $71.3bn in cash and shares, from a $52bn all-stock offer.

Tags: bid increases fox assets


LaSalle Picks Blackstone's $4.8 Billion Bid Over Pebblebrook

2018-06-18 17:30:48| National Real Estate Investor

Pebblebrooks offer does not constitute, and could not reasonably be expected to lead to, a superior proposal to Blackstones, the company said in the statement.

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Comcast makes USD 65 bln cash bid for 21st Century Fox

2018-06-13 23:49:00| Telecompaper Headlines

(Telecompaper) Comcast has made its official bid for most of the assets of 21st Century Fox. The company said it will give USD 35 per share in cash for the businesses. The offer, coming to a total of about USD 65 billion, represents a premium of 19 percent to Disney's all-stock offer. Comcast said the structure and other terms of its proposal, including with respect to the spin-off of "New Fox", "are at least as favourable to 21CF shareholders as the Disney offer". The company also noted that its bid was not dependent on any financing condition. 

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