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Tag: bidder
Bidder preparing USD 1.1 bln bid for Telecom Argentina stake
2016-02-29 08:37:00| Telecompaper Headlines
(Telecompaper) Argentine businessman Carlos Newbery is preparing to make a bid for Telecom Italia's stake in Telecom Argentina, reports Bloomberg, adding that Newbury is ready to offer 10 percent more than US-backed investment fund Fintech. "The valuation and potential of the company is higher than what has been offered and we are ready to improve it up to USD 1.1 billion," Newbery told Bloomberg. Although Telecom Italia reached a deal back in 2013 to sell its 68 percent controlling stake in Telecom Argentina holding company Sofora to Fintech for USD 960 million, it has so far only been able to divest an initial 17 percent share.
Tags: argentina
usd
bid
telecom
ANADIGICS Announces That It Continues to Negotiate With a Competing Bidder
2016-02-03 02:25:12| Semiconductors - Topix.net
ANADIGICS, Inc. today announced that one of the entities previously designated by the Company's Board of Directors as an Excluded Party under the now-terminated November 11, 2015 agreement and plan of merger between the Company and affiliates of GaAs Labs, LLC delivered to the Company on February 1, 2016 a proposed set of amended terms to Party B's previously announced January 21, 2016 unsolicited proposed merger agreement, which, among other things, contains an offer to acquire the Company's common stock for a price of $0.78 per share .
Tags: with
continues
competing
announces
Losing bidder in long-awaited military truck contract files trade challenge
2016-01-14 18:32:38| Industrial Machines - Topix.net
Oshkosh Defense Canada, Inc., a subsidiary of Oshkosh Corp. , was on the losing side of the $834 million contract announced last July to supply the Canadian Armed Forces with 1,500 trucks, 300 trailers and 150 armour protection kits to guard the vehicles against roadside bombs and rockets. The award to Mack came as a surprise to defence industry observers, who believed Oshkosh was the front-runner because it is a major supplier of trucks to the U.S. military.
Tags: files
trade
contract
military
Losing bidder in long-awaited military truck contract files trade challenge
2016-01-14 18:32:37| Automakers - Topix.net
Oshkosh Defense Canada, Inc., a subsidiary of Oshkosh Corp. , was on the losing side of the $834 million contract announced last July to supply the Canadian Armed Forces with 1,500 trucks, 300 trailers and 150 armour protection kits to guard the vehicles against roadside bombs and rockets. The award to Mack came as a surprise to defence industry observers, who believed Oshkosh was the front-runner because it is a major supplier of trucks to the U.S. military.
Tags: files
trade
contract
military
ANADIGICS Announces That GaAs Labs Has Matched the $0.54 Per-Share Offer Price of a Competing Bidder
2015-12-30 03:14:32| Electronics - Topix.net
ANADIGICS, Inc. today announced that affiliates of GaAs Labs, LLC delivered to the Company a proposed further amendment to the previously announced November 11, 2015 agreement and plan of merger pursuant to which GaAs Labs offered to acquire all of the outstanding shares of ANADIGICS common stock on a fully diluted basis for $0.35 net in cash, pursuant to an all-cash tender offer and second-step merger , which amendment, among other things, increases the per-share offer price to $0.54 .
Tags: price
offer
labs
matched
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