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Hershey shares tumble after Mondelez scraps takeover bid

2016-08-30 02:15:03| BBC News | Business | UK Edition

Snacks giant Mondelez International is abandoning its takeover bid for American confectioner Hershey after its $23bn (18bn) offer was rejected.

Tags: bid shares takeover hershey

 

Rackspace to go private in USD 4.3 bln takeover by Apollo

2016-08-29 08:51:00| Telecompaper Headlines

(Telecompaper) Rackspace has agreed to go private in a takeover by Apollo Global Management valuing the company at USD 4.3 billion. Searchlight Capital Partners will also make an equity investment in the company as part of the deal. The bid is worth USD 32 per Racksapce share, a premium of 38 percent on the company's share price on 03 August, the day before news of a possible takeover was reported. Rackspace said its board had been considering strategic options for several months and fully recommended the takeover to shareholders. Subject to shareholder and regulatory approval, the acquisition is expected to close in the fourth quarter.

Tags: private usd apollo takeover

 
 

New Craft Brew Alliance arrangement gives Anheuser-Busch InBev takeover option

2016-08-24 17:28:00| Daily beverage news and comment - from just-drinks.com

Craft Brew Alliance has strengthened its tie-up with major shareholder Anheuser-Busch InBev, which could see the brewing giant launch a takeover within the next three years.

Tags: option arrangement alliance craft

 

SABMiller shareholders granted split vote on Anheuser-Busch InBev takeover

2016-08-23 14:04:35| Daily beverage news and comment - from just-drinks.com

SABMiller's shareholders will be split into two camps to vote next month on Anheuser-Busch InBev's proposed takeover.

Tags: vote granted split shareholders

 

JD Sports silent on potential Go Outdoors "takeover"

2016-08-22 16:38:00| Daily apparel & textile news and comment - from just-style.com

UK retailer JD Sports is keeping tight-lipped regarding reports it is eyeing an acquisition of rival retailer Go Outdoors.

Tags: sports potential outdoors silent

 

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