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Cogeco rejects sweetened takeover offer from Altice USA, Rogers

2020-10-19 08:58:00| Telecompaper Headlines

(Telecompaper) Altice USA and Rogers have increased their takeover bid for Cogeco, now valuing the company at CAD 11.1 billion, including shares owned by Rogers. The companies made a bid for the company in September that valued the company at CAD 10.3 billion. That offer was soundly rejected not one but twice, and this new one has been too. The Audet family, the controlling shareholders of Canadian operation Cogeco, said this was a "definitive refusal."

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PGS Rejects $600 Million Seismic Data Offer from Rival TGS

2020-08-13 20:30:00| OGI

Oil industry suppliers such as Oslo-listed TGS and PGS have been hard hit by weak crude prices during the coronavirus pandemic as energy companies rein in exploration.

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Debenhams rejects latest Sports Direct GBP150m equity offer

2019-04-08 12:12:00| Daily apparel & textile news and comment - from just-style.com

The latest development in the ongoing saga between Sports Direct and Debenhams has seen the department store chain reject an offer from the Mike Ashley-owned company to underwrite a GBP150m (US$195.8m) rights issue for Debenhams as the retail tycoon fights to try to take control of the struggling retailer.

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Shire rejects 43bn offer from Japan's Takeda Pharmaceutical

2018-04-19 15:54:30| BBC News | Business | UK Edition

Takeda says it is in talks with Shire about a potential bid for the London-listed drug maker.

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Qualcomm rejects latest Broadcom offer

2018-02-19 08:47:00| Telecompaper Headlines

(Telecompaper) Qualcomm has rejected the latest takeover offer from Broadcom. After Broadcom raised its bid and the companies met, Qualcomm said it still thinks the offer "materially undervalues" its shares and has an "unacceptably high level of risk".

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