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PartnerRe rejects Exor's offer, says it will merge with Axis
2015-05-05 18:25:27| Automakers - Topix.net
PartnerRe rejected an offer from Italian investment company Exor, saying it will go ahead with its combination with competitor Axis Capital. Exor offered to buy PartnerRe in April for $6.16 billion in cash, or $130 per share.
Swiss regulator rejects Gates appeal on Sika, Saint-Gobain deal
2015-05-04 22:22:32| Chemicals - Topix.net
The Swiss financial regulator on Monday denied an appeal by investors including Bill Gates over a proposed 2.75 billion Swiss franc takeover of Swiss firm Sika chairman and his wife Melinda as well as Cascade Investment had sought to force the French firm to buy out minority shareholders in Sika, which is controlled by the Burkard-Schenker family. Swiss financial overseer FINMA said it backed an April decision by Switzerland's takeover board that Saint-Gobain is not required to make an offer to the Baar-based chemicals firm's minority shareholders.
Regulator rejects TeleCable acquisition by Tigo Costa Rica
2015-04-29 17:13:00| Telecompaper Headlines
(Telecompaper) Millicom, which operates in Costa Rica under the Tigo brand, has confirmed that its petition to merge with Costa Rican cable operator TeleCable Economico has not been sanctioned by local telecoms regulator Sutel. Millicom said that it is now reviewing the information provided by Sutel including its option to appeal. Tigo Costa Rica had reached an agreement to buy the cable TV operator in December 2014. Tigo in Costa Rica provides residential services such as cable and satellite TV, internet and home phone IP. It also provides data connection services to the corporate market, high speed internet and IP business telephony.
Tags: costa
rica
acquisition
regulator
Sainsbury's rejects Egypt legal case
2015-04-29 11:49:54| BBC News | Business | UK Edition
Supermarket Sainsbury's rejects any allegations against its chief executive Mike Coupe in a legal row in Egypt.
Tags: case
legal
egypt
rejects
Mylan rejects Teva's $40 billion offer
2015-04-27 17:20:55| Biotech - Topix.net
Mylan NV rejected Teva Pharmaceutical Industries Ltd's unsolicited $40 billion takeover offer on Monday, but left the door open for talks. "Our board will certainly not consider engaging in discussions to sell the company unless the starting point of the discussions is significantly in excess of $100 per share," Mylan said.
Tags: offer
billion
rejects
mylan
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