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Hovis receives takeover bid from Italy's Newlat Food

2020-10-05 10:14:21| BBC News | Business | UK Edition

Italy's Newlat Food has made a non-binding offer to buy the 134-year-old baking business.

Key Masmovil shareholder accepts KKR, Cinven, Providence takeover bid

2020-09-10 09:26:00| Telecompaper Headlines

(Telecompaper) The third largest shareholder of Spanish operator Masmovil, the Indumenta Pueri holding of children's fashion brand Mayoral, has finally decided to accept the takeover bid by three US funds, said Masmovil in a filing at securities markets regulator CNMV. Mayoral's commercial director Rafael Dominguez had previously rejected the EUR 3 billion offer from KKR, Providence and Cinven as undervaluing the company but has now pledged to tender all of Indumenta Pueri's shares, said the filing. It currently has an 8.25 percent stake in the operator, with the holders of another 30 percent of the company previously committing to accept the EUR 22.50 a share offer.

Tags: key bid accepts providence

Shareholder Wilks Brothers to Launch Hostile Takeover Bid for Calfrac

2020-09-02 22:30:00| OGI

Wilks Brothers, led by oil billionaires Dan and Farris Wilks, has been acquiring stakes in hard-hit U.S. service firms, previously making two bids for Calfrac's U.S. operations that were rejected.

Tags: bid brothers launch shareholder

Hudson's Bay panel says takeover bid "inadequate"

2019-08-05 16:09:00| Daily apparel & textile news and comment - from just-style.com

A special committee appointed by Canadian retailer Hudson's Bay Company to evaluate a takeover bid from a group of stakeholders has deemed the offer "inadequate."

Tags: panel bay bid inadequate