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Tag: takeover
Foxconn takeover of Sharp goes ahead after China approval
2016-08-12 09:23:00| Telecompaper Headlines
(Telecompaper) Taiwan-based Foxconn announced that China's anti-monopoly watchdog has approved its acquisition of Japan's Sharp. Foxconn and Sharp will now move to complete the transaction in accordance with their agreement "as soon as possible", Foxconn said. Foxconn plans to spend JPY 388.8 billion (approximately USD 3.84 billion) to take a two-thirds stake in Sharp. Sharp confirmed it is going ahead with the issue of new shares to Foxconn and its parent company Hon Hai Precision Industry.
Tags: china
ahead
approval
sharp
Sharp shares rise as China approvesFoxconn takeover
2016-08-12 03:39:38| BBC News | Business | UK Edition
Shares in Sharp have jumped rise after Chinese regulators approved a takeover of the Japanese electronics firm by Taiwan's Foxconn.
William Hill in gambling takeover spat with Rank and 888
2016-08-11 13:27:19| BBC News | Business | UK Edition
Bookmaker William Hill again rejects a 3.16bn takeover approach from 888 and Rank, saying there is "no merit" in considering the bid.
Tags: hill
william
rank
gambling
Poundland agrees higher takeover offer from Steinhoff
2016-08-11 08:49:40| BBC News | Business | UK Edition
Discount chain Poundland agrees to an improved takeover offer from South African retail group Steinhoff International.
Tags: offer
higher
agrees
takeover
AB InBev to cut up to 575 UK jobs in SABMiller takeover
2016-08-04 18:25:59| BBC News | Business | UK Edition
Brewing giant AB InBev plans to cut up to 575 UK jobs in SABMiller 79bn takeover and move its HQ to its own base in Belgium.
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