Tags: Takeover

AT&T sets its sight on Vodafone after Verizon deal

AT&T would be looking into Vodafone group's remaining assets in the midst of the British mobile carrier's exit from the US wireless business with the buyout from Verizon Communications.


Telefonica's backer sets stage for Royal KPN takeover

Carlos Slim gives support to Telefonica's buyout of Royal KPN NV. In a surprise move, Carlos Slim's America Movil SAB gave its 'irrevocable commitment' to vote in favor of KPN's E-Plus unit's sale to Telefonica Deutschland Holding AG.

Mongolia's State Bank to take over 503 Savings Bank branches

State Bank is set to take over the fifth-largest lender in Mongolia. Savings Bank, Mongolia's former fifth-largest lending entity, will be taken over by its state-owned competitor, State Bank after being declared insolvent.

Pyramid Group takes over management of Sheraton hotel

Pyramid Group takes the reins of Sheraton Hotel following the latter company's sale amounting to US $61 million


Latest News

Speculation of a takeover bid from Rosneft, Lukoil's head squashed said rumors. (Photo : Reuters)The image is the corporate logo of Lukoil. According to Lukoil CEO, the company did not receive any takeover offers nor do they expect any other firm to make one for the company.
Rhoen-Klinikum that discussiins with Fresenius SE is not precursor to takeover. Rhoen-Klinikum, a cooperation of hospitals and clinics based out of Bad Neustadt an der Saale in Germany, warned that the vote by its shareholders against the takeover of another German hospital operator is not a precursor for another for its previous bidder, Fresenius.
The board of Clearwire Corp. recommends the proposed bid from Dish over Sprint Nextel even before the hostile bid was raised.
Royalty Pharma urged the federal court in New York to lift the temporary restraining order it has ordered for the Royalty-Elan bid.
Japan’s Marubeni said that it will leave Gavilon’s energy arm from the proposed takeover deal. (Photo : REUTERS)Logo of Marubeni Corp is seen at the company's head office in Tokyo Marubeni Corp, a Japanese trading house states that it will cut its planned takeover deal over Gavilon's energy business.
Severn Trent rejected the raised bid from LongRiver consortium. (Photo : Reuters)The image is the corporate logo of Severn Trent Services. Severn Trent, a British water firm rejected the increased US$8.
Dell sees a US$3.9 billion shortfall for Icahn's takeover deal before the shareholders voting next month.
DBS Group Holdings Ltd. has extended the deadline to takeover PT Bank Danamon Indonesia from Temasek Holdings PTE.
ISS advises its shareholder clients to accept the bid of Softbank over Dish Network for Sprint. (Photo : Reuters)The image is the logo of the largest US proxy advisor firm, ISS.
Icahn, seeking to fight off the Dell-Silver Lake bid, is asking investors to dig deep and put their money on the computer maker.
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