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UTi Worldwide - More To The Company Than Takeover Chatter

2014-12-06 15:13:20| Logistics - Topix.net

The story of UTi Worldwide is much more about its turnaround than the recent rumors of a takeover by Danish trucking firm, DSV A/S . Over the past 12 months UTi had made - a timely recapitalization - seen significant organic growth in its contract logistics division - carried out $50 million of companywide cost cutting with another $45 million slotted by the end of the year - and implemented a state of art freight forwarding operating system.

Tags: company worldwide chatter takeover

 

Nutreco Recommends Takeover Bid

2014-12-05 01:00:00| ThePigSite - Industry News

NETHERLANDS - A takeover bid for Dutch based animal and fish feed and poultry company Nutreco is to be recommended to its shareholders.

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Natcom wins Nitel takeover with bid of USD 252 mln

2014-12-04 08:32:00| Telecompaper Headlines

(Telecompaper) The Natcom consortium has won the bidding to acquire Nigerian Telecommunications (Nitel) and its mobile unit Mtel with an offer of USD 252.5 million. The preferred bidder must still get the approval of the National Council on Privatisation (NCP) and be able pay the sum within a specified time to seal the deal, CommunicationsWeek reported. If all the conditions are met, the transaction would mark an end to years of attempts to privatize Nitel. The Nettag consortium, the other group qualified for the bidding, was disqualified for failure to enclose a bid bond stipulated by the Bureau of Public Enterprises. The government had initially rejected a USD 221 million bid from Natcom before the company increased the bid to USD 252 million. Natcom's shareholders include Natspace Telecommunication Investment, PCCW Global and Prime Union Investment. Other members of the consortium are Prime Union Investment, Olutoyl Estate Development & Services, Sahara Energy Resources, Legal Resources Alliance & Co and Ericsson Nigeria.

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Announcement under Irish Takeover Rules Relevant Securities in Issue a " December 3, 2014

2014-12-03 15:04:36| Industrial Machines - Topix.net

The International Securities Identification Number of the Ordinary Shares is IE00B68SQD29. The Company confirms that, as of the close of business on December 2, 2014, there were outstanding 1,218,223 restricted share units and 12,664,760 options to purchase Ordinary Shares granted by the Company.

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Aviva agrees Friends Life takeover

2014-12-02 08:32:13| BBC News | Business | UK Edition

UK insurance giant Aviva agrees to buy pensions company Friends Life in a deal that will create the UK's largest insurance, savings and asset management firm.

Tags: life friends agrees takeover

 

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