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CWC shares jump 21% on takeover talk

2015-10-22 22:29:22| BBC News | Business | UK Edition

Cable & Wireless Communication shares soar as it confirms it is in takeover talks with with Virgin Media owner Liberty Global.

Tags: jump talk shares takeover

 

Santos is right to reject $7b bottom-fishing takeover offer

2015-10-22 08:27:37| Oil & Gas - Topix.net

Santos was right to tell Scepter that its $7 billion bid was too low, but also right to leave the negotiating door open. If shareholders don't force a capitulation, Santos should be able to continue assessing asset-sale options while leaving the door ajar for Scepter's return.

Tags: offer santos reject takeover

 
 

UTi Worldwide investor urges against takeover deal

2015-10-21 19:41:00| Logistics - Topix.net

Sterling Capital Management discloses a 3.3% active stake in UTI Worldwide , and has sent a letter to UTIW shareholders urging them to oppose a takeover by DSV.

Tags: deal worldwide investor urges

 

China gives conditional approval to Nokia takeover of Alcatel-Lucent

2015-10-19 13:33:14| Telecom - Topix.net

BEIJING: China's Ministry of Commerce said on Monday it has approved telecom equipment maker Nokia's proposed takeover of France's Alcatel-Lucent providing that the Finnish firm can meet certain terms by Dec. 10. Nokia has agreed to meet those conditions, which mainly relate to the use of wireless telecommunication standards and patent licensing, the ministry said. China is the last major jurisdiction still to approve Nokia's 15.6 billion euro takeover of Alcatel.

Tags: china approval nokia conditional

 

German real estate market in takeover surge

2015-10-18 09:10:15| Real Estate - Topix.net

Germany's real estate sector is riding a wave of mergers and acquisitions, as market players seek to take advantage of low interest rates and the relative lag in property prices compared with those in neighbouring countries. This week, the sector's number one Vonovia threw its hat into the ring, announcing it was prepared to stump up as much as 14 billion euros for rival Deutsche Wohnen if it failed to tie the knot with the number three, LEG Immobilien.

Tags: real estate market german

 

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