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Upstate Launches Takeover Bid for Main Competitor Metalico

2015-02-25 11:00:00| Waste Age

The CEO of Upstate Shredding LLC-Ben Weitsman Recycling has made an offer to buy all outstanding shares of competing scrap recycling firm Metalico Inc. for 78 cents per share, a deal that would be worth about $45.5 million. read more

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Rangers reject Sarver's takeover bid

2015-01-12 08:19:01| BBC News | Business | UK Edition

The Rangers board turn down American banker Robert Sarver's proposed 20m takeover of the Ibrox club.

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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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Tiger Airways shares jump after SIA's takeover bid gets regulatory nod

2014-12-01 04:23:54| Airlines - Topix.net

A Tiger Airways plane is towed on the runway past Singapore Airlines and Tiger Airways planes sitting on the tarmac at Changi Airport in Singapore. -- PHOTO: REUTERS Tiger Airways Holdings was one of the biggest gainers on the Singapore stock market when trading opened for the week on Monday morning after its takeover by Singapore Airlines was cleared for takeoff by the competition watchdog on Friday evening.

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