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UPS Appeals EU's Rejection of $6.7 Billion TNT Express Takeover

2013-04-08 02:04:38| Trucking - Topix.net

United Parcel Service Inc. said it appealed the European Union regulator's January decision to block its 5.16 billion-euro bid for Dutch rival TNT Express NV.

Tags: express ups billion appeals

 

UPS Appeals EU's Rejection of $6.7 Billion TNT Express Takeover

2013-04-08 01:19:45| Air Courier - Topix.net

United Parcel Service Inc. said it appealed the European Union regulator's January decision to block its 5.16 billion-euro bid for Dutch rival TNT Express NV.

Tags: express ups billion appeals

 
 

AUSTRALIA: Billabong halts trading as takeover talks continue

2013-04-02 13:42:00| Daily apparel & textile news and comment - from just-style.com

Australian surfwear brand Billabong has halted trading in its shares while negotiations continue with its two suitors.

Tags: continue australia trading talks

 

Prince George's County Lawmakers Consider Schools Takeover Plan

2013-04-02 13:41:49| Electronics - Topix.net

Prince George's County Executive Rushern Baker is urging lawmakers to support a measure that would allow him to overhaul the county's school system.

Tags: plan county schools prince

 

Verizon, AT&T plan joint takeover bid for Vodafone - report

2013-04-02 11:24:00| Telecompaper Headlines

(Telecompaper) US operators Verizon and AT&T are putting together a takeover bid for Vodafone, the Financial Times' Alphaville blog reports, citing unnamed people familiar with the matter. The bid would offer an around 40 percent premium to Vodafone's current share price, or about 260 pence per share. This would value Vodafone at about USD 245 billion, making it one of the biggest takeovers ever. Barclays US has been tasked with putting together the potential transaction, the report said. Under the proposal, Verizon would buy Vodafone's 45 percent stake in their Verizon Wireless joint venture, while AT&T takes over Vodafone's non-US assets. All the companies declined to comment. The proposed takeover would resolve Verizon's long-held desire to take full control of its mobile operations, while AT&T would gain a new growth market, to help offset slowing growth in the US market, where its takeover attempts have faced regulatory obstacles.

Tags: report plan bid att

 

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