Tag: Antitrust takeover
Germany: Bayer to sell US$3.7b of new shares to Temasek
Bayer said late Monday, April 16, that it would sell new shares to investment company Temasek for roughly €3 billion (US$3.7 billion); the proceeds...
UK: Tesco completes US$5.51b takeover of Booker
Tesco, Britain's biggest retailer, has completed the £4 billion (US$5.51 billion) takeover of Booker, the country's largest wholesaler, the companies said on Monday, March...
Australia: Court upholds appeal against Tabcorp’s $4.9b buyout of Tatts
Tabcorp’s US$11 billion bid for rival gambling outfit Tatts has hit an unforeseen courtroom hurdle put in place by the takeovers handicapper, the Australian...
EU: EC president calls for more scrutiny in foreign takeovers
European Commission president Jean-Claude Juncker today confirmed his plans for a new framework to “screen” foreign takeovers of EU companies.
The commission is expected to...
US: New bidder for Oncor stymies Buffett, Paul Miller
A lawyer for Elliott Management Corp told a US bankruptcy judge on Friday that an unidentified utility could pay US$9.3 billion to buy Texas...
Australia: Regulator delays OfficeMax takeover decision
The deal is subject to approval by the Australian Competition and Consumer Commission (ACCC).
The body has pushed back the announcement of its ruling, according...
US: Glencore makes takeover approach to rival Bunge
Glencore the commodity giant led by billionaire Ivan Glasenberg, has made a takeover approach for US grain trader Bunge.
Glencore said it approached Bunge about...
Germany: Property group TLG Immobilien preparing takeover
German property group TLG Immobilien is preparing a takeover offer for peer WCM after agreeing to buy a majority stake from the company's largest...
US: Abercrombie in merger talks
Abercrombie & Fitch shares were back in fashion on Wednesday after reports were released that the struggling teen apparel retailer is holding merger talks...
UK: Competition watchdog looks into takeover of Isle of Wight Festival
The Isle of Wight Festival's takeover by global entertainment Live Nation is being looked at by competition watchdogs amid potential concerns over the deal.
Britain's...