Tag: takeover
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UK CMA Scrutinizes ABF’s Plan to Buy Hovis in Kingsmill Owner Takeover
UK Competition Watchdog Opens Deeper Look at ABF’s Hovis Bid The UK competition regulator, the Competition and Markets Authority (CMA), has intensified its review of Associated British Foods’ (ABF) £75 million plan to acquire Hovis, the well-known sliced bread brand owned by ABF’s Kingsmill business. This move signals heightened scrutiny of how the deal could…
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Warner Bros Rejects Paramount Takeover, Pushes Netflix Offer to Shareholders
Warner Bros Rejects Paramount Takeover as Netflix Offer Gains Ground In a move that continues the tug-of-war over entertainment industry consolidation, Warner Bros has once again rebuffed a takeover bid from Paramount, while advising shareholders to consider the competing offer from Netflix. The dispute, now in its latest cycle, highlights the shifting dynamics of how…
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Colchester United: No Sale Till Right Buyer Found, Club Focuses on Stability
Colchester United: A Sale Search Grounded in Prudence The future of Colchester United remains under careful consideration as owner Robbie Cowling reiterates that a sale will not be rushed. Speaking to supporters and stakeholders, Cowling underscored a simple but crucial point: the club will not change hands until the right buyer is found. This stance…
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Springfield Takeover Monitor: Independent Valuation Key to Western Cape Block Viability
Background The Ghanaian government is weighing a potential state-led takeover of Springfield Exploration and Production Limited’s (SEP) stake in the West Cape Three Points Block 2 (WCTP2). The move, long discussed in policy circles, would hinge on a rigorous, independent valuation to determine commercial viability and strategic value. Energy Minister John Jinapor underscored that any…
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Genting Malaysia Takeover Bid Criticized as Not Fair, Says Kenanga IB
Overview of the Contested Takeover Bid The takeover offer for Genting Malaysia Berhad (GENM) has drawn sharp criticism from market observers after Kenanga Investment Bank Berhad (Kenanga IB) described the bid as “not fair” and “not reasonable.” The comments come in an independent adviser’s circular filed with Bursa Malaysia, which outlines concerns about the terms…
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Genting Malaysia Takeover Offer Deemed Not Fair and Not Reasonable by Kenanga IB
Overview: A Bid Facing Scrutiny The takeover bid for Genting Malaysia Berhad (GENM) has drawn sharp scrutiny from industry observers after Kenanga Investment Bank Berhad (Kenanga IB), acting as an independent adviser, described the offer as “not fair” and “not reasonable.” The assessment, disclosed through a circular filed with Bursa Malaysia, raises immediate questions about…
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Timeline of MEG Energy Takeover Battle Inches Toward Resolution as Shareholders Prepare to Vote
Overview: A high-stakes fight for MEG Energy The battle to acquire MEG Energy, the Canadian oil sands producer, has dominated headlines as investors, rival bidders, and management jockey for position. A shareholders’ vote scheduled for Thursday could mark the turning point in a drawn-out contest that has featured unsolicited approaches, boardroom maneuvers, and a flurry…