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New offer to Brookfield Residential shareholders values homebuilder at US$2.84B

2014-12-24 15:06:20| Telecom - Topix.net

Brookfield Asset Management Inc. has hiked its offer to other shareholders of Brookfield Residential Properties Inc. by 5.4 per cent as it seeks to acquire full ownership of the North American land developer and homebuilder. Brookfield Asset Management and its affiliates already own nearly 70 per cent of BRP's shares and is now offering US$24.25 cash for each share that it doesn't already own.

Tags: offer values residential shareholders

 

Clean Harbors: Strategic Review And Activism Could Reward Shareholders

2014-12-23 03:09:30| Waste Management - Topix.net

The company has engaged in several acquisitions over the last few years in the CEO's attempt to make the firm a more diversified one-stop solution in environmental services. Management is attempting to cost cut and share buyback their way to profit growth while ignoring the fledgling conglomerate business.

Tags: review clean strategic reward

 
 

Bebida Beverage Co confirms first shareholders' dividend

2014-12-22 16:23:00| Daily beverage news and comment - from just-drinks.com

Bebida Beverage Co (BeBevCo) is to pay its shareholders a 5% stock dividend, the first in the company's history.

Tags: shareholders beverage dividend confirms

 

United Technologies Recommends Shareholders Reject TRC Capital "Mini-Tender" Offer

2014-12-20 03:03:25| Paper - Topix.net

United Technologies Corp. received notice of an unsolicited mini-tender offer by TRC Capital Corporation to purchase up to 1 million shares, or about 0.11 percent, of UTC's outstanding common stock at a price of $108.85 per share in cash. As TRC Capital's own offer document acknowledges, the offering price is approximately 4.55 percent below the closing price per share of UTC on Dec. 11, 2014, the last trading day before the mini-tender offer was commenced.

Tags: united offer capital technologies

 

Diageo's United Spirits goes back to shareholders for distribution deal approval

2014-12-18 16:10:00| Daily beverage news and comment - from just-drinks.com

United Spirits is again asking shareholders to vote on plans to allow it to produce and sell the spirits brands of parent Diageo in India.

Tags: back united distribution deal

 

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