Shares in software company Merant rocketed by 22 per cent - to 192p - this week after it received a takeover approach from US rival Serena Software. Shares in software company Merant rocketed by 22 per cent - to 192p - this week after...
Just a few months after an aborted takeover approach from rival MonsterMob, mobile content provider iTouch is the target of yet another bid. This time the deal looks likely to go ahead - the GBP180m offer from Japanese content specialist For-side.com Just a few months after...
Byline: By DAVID OLD TOON fans today voiced their doubts over claims a management dream team is being lined up to run Newcastle United. Supporters are refusing to be won over by interim boss Joe Kinnear's comments yesterday that fans' favourites Kevin Keegan and Alan Shearer...
Business News In Brief PROPERTY Minerva lost more than half its value yesterday when Limitless, an investment group from Dubai, pulled out of a deal to buy the property company over concerns about the levels of interest it would be forced to pay on the group's...
A POSSIBLE takeover has left a question mark over 800 North East jobs. Fast-growing engineering group Chieftain, based in Walker, Newcastle, announced it had received an approach about a potential sale. The oil, gas, and marine engineering company, which employs around 800 staff, released a statement...
TOKYO AFP — Struggling General Motors Corp. is talking to Isuzu Motors about selling its truck business, in what would mark the first Japanese takeover of a business from the US Big Three, a report said Friday. Isuzu, Japan's second biggest truck maker, is "positive" about the deal,...
Byline: ANDREW BALDWIN IF serial entrepreneur Malcolm Walker is successful in getting his hands on Woolworths, many people will wonder if he is taking hold of a poisoned chalice. Huge first-half losses announced today demonstrate just how much work he would have on his hands to...
Last week Woolworths rejected a 50m [pounds sterling] takeover approach from Iceland boss Malcolm Walker. However, Walker, backed by a Baugur-led consortium, is not proving an easy man to reject. Reports suggest he is now planning to meet Woolworths chairman Richard North to discuss a new bid. If...
OAKLAND -- It wasn't a takeover robbery, but a cashier was robbed at gunpoint Wednesday morning at the Jack London Square parking lot in the 200 block of the Embarcadero, across the tracks from the Oakland Amtrak Station. Police said one of the bandits approached the cashier...
NEW DELHI AFP — Indian state-run oil giant ONGC announced a 2.6-billion-dollar deal Tuesday to buy Russia-focused Imperial Energy as it seeks new fuel sources to power the country's fast-growing economy. The bid by India's biggest oil producer, Oil and Natural Gas Corp, or ONGC, for Britain's Imperial...
Iceland's chief executive, Malcolm Walker, is expected to meet Woolworths chairman, Richard North, this week to discuss a new takeover bid for the pick-'n'-mix retailer. After rejecting Iceland's earlier approach, the Woolworths chairman has now agreed to meet Mr Walker. Sources said both sides had agreed that...
LONDON AFP — Oil and gas explorer Imperial Energy is close to a takeover from Indian energy giant ONGC worth 1.5 billion pounds, the Financial Times reported Friday. The business newspaper, which cited sources with knowledge of the negotiations, said talks had been progressing well and that a...
RECRUITMENT firmMichael Page International today said rejected a pounds 1.3bn takeover bid from rival Adecco. Michael Page said Adecco's offer "materially undervalued" the company and that it had now ended talks with the group. Swiss firm Adecco first approached Michael Page in early May with a...
Shares in Michael Page soared by nearly a third after the recruitment group confirmed an unsolicited approach from Adecco, the global industry leader. In compliance with the Takeover Code, the UK company confirmed that it is in talks with its larger rival, as first revealed in The...
MARKET REPORT The staffing group Michael Page International gained 4.5p to 265.25p yesterday after Adecco, the Swiss recruitment group, was pegged to unveil a takeover proposal for the company. Adecco may approach Michael Page with an offer of between 350p and 375p per...
LONDON AFP — British oil and gas explorer Imperial Energy said on Monday that it had received a second takeover approach from an unnamed party, reported to be Chinese energy giant Sinopec. "In response to further press speculation, the board of Imperial confirms that it has received another...
SYDNEY AFP — Australia's biggest ports and rail operator Asciano Group said Monday it had received a 2.9-billion-dollar (2.7-billion-US) takeover bid from a private equity consortium. The joint bid by TPG Capital and Global Infrastructure Partners offers 4.40 dollars cash per security or a scrip alternative of unlisted...
Outlook Michael O'Leary's idea of airline consolidation is to destroy the competition, or at least to beat the fares down so far that Ryanair is left as the last airline standing in the low-cost sector. At British Airways, Mr O'Leary's compatriot, Willie Walsh, is pursuing the...
Our list of resource stocks are: VIPRIndustries Inc. (PINKSHEETS: VIPR), Kinross Gold Corporation (NYSE: KGC),ASA Limited (NYSE: ASA), Aurelian Resources Inc. (PINKSHEETS: AUREF). VIPR Industries Inc. (PINKSHEETS: VIPR) (FRANKFURT: VIN) ("VIPR") announcedthat Francis Gaskins of IPODesktop.com has issued an independent analystreport and coverage on the Company. Based on the report's...
Anglo American 2,750p (up 77p, 2.88 per cent) Miners bounce on metal prices; group announces platinum results and deal updates. Xstrata 3,359p (up 89p, 2.72 per cent) Upgraded to "outperform" by Chevreux. Pearson 606p (up 10.5p, 1.76 per cent) Group posts 14 per cent...
Articles 2008-07-29
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