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Tag: takeover
Kansas City Southern on Track for Takeover: Real M&A
2013-05-17 23:17:01| Railroads - Topix.net
The railroad is poised to boost sales by 48 percent through 2016, faster than every peer for whom estimates are available, according to data compiled by Bloomberg.
Severn Trent rejects takeover offer
2013-05-15 09:23:09| BBC News | Business | UK Edition
Water supplier Severn Trent rejects a preliminary takeover offer from international investors, saying it fails to recognise the company's value.
Tags: offer
trent
rejects
takeover
CVC shelves Betfair takeover bid
2013-05-14 12:18:06| BBC News | Business | UK Edition
Private equity firm CVC Capital Partners calls off its attempt to buy online betting group Betfair after the two companies fail to reach a deal.
Tags: bid
shelves
takeover
cvc
Takeover approach for Severn Trent
2013-05-14 08:24:39| BBC News | Business | UK Edition
A group of international investors is interested in buying UK water supplier Severn Trent, the company confirms.
Tags: approach
trent
takeover
severn
AsiaInfo-Linkage agrees takeover for USD 890 million
2013-05-13 15:43:00| Telecompaper Headlines
(Telecompaper) BSS provider AsiaInfo-Linkage has agreed a takeover by a group of private investors led by CITIC Capital Partners valuing the company at USD 890 million. The possibility of taking the China-based company private was first discussed in January 2012, and the companies have now agreed a definitive offer worth USD 12 per AsiaInfo share. This is a 52 percent premium on the share price the day before the takeover talks were first announced. A special committee of independent directors as well as AsiaInfo's board of directors are recommending shareholders accept the offer. Closing of the deal depends on shareholder and regulatory approval. The takeover consortium is led by CITIC Capital Partners and Edward Tian, co-founder and a significant stockholder of AsiaInfo-Linkage, and their respective affiliates, including CITIC PE and China Broadband Capital Partners II, which will provide equity financing for the deal.
Tags: million
usd
agrees
takeover
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