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The close: Oil sands takeover bid helps push TSX higher

2015-10-06 00:40:42| Oil & Gas - Topix.net

A specialist trader works at his post on the floor of the New York Stock Exchange Oct. 5. A specialist trader works at his post on the floor of the New York Stock Exchange Oct. 5. Canada's main stock index gained 1.6 per cent on Monday, with the energy sector invigorated by heavyweight Suncor Energy Inc's hostile bid for Canadian Oil Sands Ltd, a rival and co-producer. The Toronto Stock Exchange's S&P/TSX composite index closed up 212.46 points, or 1.59 per cent, at 13,552.20.

Tags: close higher oil helps

 

UK private equity firm Lion Capital eyes takeover of Kurt Geiger: Sky News

2015-09-29 16:56:28| Footwear - Topix.net

British private equity firm Lion Capital , former owner of high-end footwear designer Jimmy Choo , is considering returning to the upscale footwear market with a takeover of luxury shoe retailer Kurt Geiger , Sky News reported citing people familiar with the matter. Lion Capital, who along with a number of bidders presented initial offers on Monday, is believed to have received financial information about Kurt Geiger and may value the brand at about 250 million pounds , Sky News said.

Tags: news private capital eyes

 
 

Lockheed says US approves its US$9 billion takeover of Sikorsky

2015-09-25 07:51:52| Industrial Machines - Topix.net

Lockheed Martin Corp said on Thursday that U.S. officials have approved its US$9 billion takeover of Black Hawk helicopter maker Sikorsky Aircraft from United Technologies Corp. The new Sikorsky Aircraft S-97 RAIDER helicopter, is seen during its unveiling ceremony at Sikorsky Aircraft in Jupiter, Florida, in this file photo taken October 2, 2014.

Tags: billion approves takeover lockheed

 

Volkswagen Scandal Opens Door to Possible Fiat Takeover

2015-09-23 16:04:58| Automakers - Topix.net

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Tags: door opens volkswagen fiat

 

Perrigo trying to fend off hostile takeover through litigation

2015-09-20 05:40:18| Biotech - Topix.net

Perrigo, one of Allegan County's largest employers, is going beyond just telling their stock holders to reject the latest hostile takeover bid from Mylan. They have filed a lawsuit in federal court in New York against the Pittsburgh-based generic drug firm, claiming their offer misleads investors.

Tags: litigation hostile takeover fend

 

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