After a bitter battle, First Quantum wins shareholder support for Inmet. In a statement, First Quantum Minerals has said it has gathered enough shareholder support to be able to take over Inmet Mining.
Tags: Takeover
OfficeMax Faces Suit on Takeover
OfficeMax faces suit from investor for breach of fiduciary duties. An OfficeMax Inc shareholder has filed suit against the directors of the company as it seeks to stop the takeover by Office Depot Inc.
Elan Rejects Royalty Pharma Takeover Bid
Elan rejects takeover bid of Royalty Pharma, saying it grossly undervalued the firm. The board of directors of Elan, the Irish pharmaceutical company has unanimously rejected the formal bid from Royalty Pharma.
Elan Shareholders Approve Buyback Plan
Elan shareholders approve buyback plan to avert takeover bid from Royalty Pharma. Shareholders of Irish drug maker, Elan, approved a US$1 billion or GBP651 million share buyback approval.
Latest Bid Lowballs Billabong Value
The latest bid is now subject to exclusive talks between Billabong and Naude-Sycamore consortium. Billabong International Ltd, the Australian surfwear company is now entering a ten (10) days of exclusive discussions with a consortium for a takeover bid.
Latest News
Ambow speculative bid for New Oriental spikes shareholder values. The share value of New Oriental Education and Technology Group Inc jumped the largest since July 2012 as a speculative bid by Ambow Education Holding Ltd was said to be on the table.
M&S again reported to be subject of takeover bid, this time from the Qatari Investment Authority. The famed British retailer Marks and Spencer became rife with bid speculation again after a year of weak trading and flat share prices.
Xstrata CEO to set up private mining fund when he leaves company after Glencore takeover. After Glencore International takes over Xstrata Plc, former top management of Xstrata are planning their next move.
CDW to offer IPO after its takeover by private equity firms. (Correction in first paragraph to US$750 million. ) In a complicated move, CDW, the technology products maker taken over by Madison Dearborn Partners LLC and Providence Equity LLC for the amount of US$7.
Harris Teeter valued well above market rate, set to be record takeover in its industry. The US grocery store chain Harris Teeter Supermarkets have boasted that it has increased its sales every year in the past decade.
Cipla Ltd offers to take over Cipla Medpro South Africa. Two Ciplas from two continents would merge into one. Indian pharmaceutical company Cipla Ltd increased its offer by 17% to fully acquire South African drug company Cipla Medpro South Africa Ltd.
Potash Corp takeover bid for ICL still ongoing. Saskatchewan based Potash Corporation is serious in its bid to wrest majority control over Israel Chemicals Limited.
The Justice Department urged regulator on Tuesday to defer action on its investigation of Softbank's takeover of Sprint Nextel
A bid to take Dell Inc private by buyout firm Silver Lake and its partners underscores the financing market's willingness to lend up to $15 billion
