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Atos announces EUR 620 mln takeover bid for Bull
2014-05-26 08:44:00| Telecompaper Headlines
(Telecompaper) French-based international IT services company Atos and enterprise data group Bull have announced the intended public offer in cash by Atos for all of Bull's issued and outstanding shares. Atos intends to create a big data & cybersecurity entity under the Bull brand with revenue of about EUR 500 million. Both Atos and Bull's boards of directors have given their support for the transaction. Crescendo Industries and Pothar Investments, which own 24.2 percent of Bull, have committed to tender their shares to the Atos bid. The offer is set at EUR 4.90 per Bull share, a 22 percent premium over Bull's closing price of EUR 4.01 on 23 May, the last trading day before the announcement. The offer will target Bull's outstanding OCEANE convertible bonds at EUR 5.55 each. The offer values Bull at approximately EUR 620 million. The operation is intended to create Europe's biggest player in cloud operations and a leading cybersecurity solutions provider and release EUR 80 million in annual cost synergies after two years.
BetterSweet Announces Joint Venture with Nature in Bid to Disrupt U.S. Beverage Industry
2014-04-08 17:40:44| Beverages - Topix.net
Vermont Certified Organic Maple Forests Provide Real Solution to War on Sugar with Subtly-Sweet, Great-Tasting and Good-For-You Drink Created by Local Trees )--Declaring that America needs a true home-grown and real alternative to sugar-laden drinks, Halo Beverages Inc. announced a Joint Venture Partnership today with Nature, to launch BetterSweet ... (more)
Tags: industry
nature
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