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Authentic Brands makes "joint bid" for Aeropostale
2016-08-31 14:04:49| Daily apparel & textile news and comment - from just-style.com
Authentic Brands Group (ABG), owner of Juicy Couture and Jones New York, is understood to have teamed up with landlords and liquidators to make a joint bid for struggling teen retailer Aeropostale.
Musk's Tesla makes a bid for Musk's SolarCity energy company
2016-06-22 11:22:00| Climate Ark Climate Change & Global Warming Newsfeed
Guardian: Elon Musks Tesla electric car company has made an offer to buy Musks solar power company, SolarCity, for as much as $2.8bn in stock in an attempt to make a one-stop-shop for cleaner energy. SolarCity, for which Musk is both chairman and its largest shareholder, is the market leader in residential solar panel installations in the US, but has about $6.24bn in liabilities, including debt. Musk described the deal as a no-brainer, saying: Instead of making three trips to a house to put in a...
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Tunisie Telecom makes EUR 2.87 per share bid for Malta's Go
2016-06-14 14:08:00| Telecompaper Headlines
(Telecompaper) Tunisie Telecom has made an offer for Go worth EUR 2.87 per share in cash. Shareholders at the Malta operator will have an acceptance period running from 24 June to 22 July. The news follows the announcement in May that Go was selected as the preferred bidder to take over the company. Batelco was the other known company that offered to buy Go.
Enel makes informal bid for majority Metroweb stake - report
2016-05-09 08:32:00| Telecompaper Headlines
(Telecompaper) Italian utility giant Enel has presented a EUR 400 million bid for a controlling stake in Milan-based broadband provider Metroweb as part of its plans to build a national fibre-optic network, according to an unnamed source cited by Reuters. The offer is for the 54 percent stake in Metroweb owned by infrastructure fund F2i, valuing the broadband provider at EUR 776 million, said the report, adding that Telecom Italia is also expected to table a bid in the coming days. Business daily Il Sole 24 Ore said Telecom Italia's offer could be as high as EUR 825 million in cash.
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Vivendi makes takeover bid for Gameloft
2016-02-18 20:43:00| Telecompaper Headlines
(Telecompaper) Vivendi has announced a takeover bid for Gameloft, after building up a 30 percent stake in mobile games publisher. The offer of EUR 6 per share represents a premium of 50 percent on Gameloft's share price 14 October 2015, the day prior to Vivendi first disclosing a stake in the company and a premium of 23 percent over the weighted average share price over the past six months. Vivendi said the acquisition of Gameloft supports its strategy to expand in the content and media sectors. The bid is expected to face opposition from the Guillemot family, which founded Gameloft and is its second-largest shareholder. The family has been increasing its stake since Vivendi started acquiring shares last autumn.
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