Category: bid
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Saudi Aramco exploring initial bid for BP’s Castrol unit, source says
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(Reuters) – The Saudi Aramco is in the early stages of considering a possible presentation of BP Castrol Castrol, according to a person who is aware of the issue. BP explores all options about Castrol works, including the potential sales process, as part of a strategic review. Ashley Keeleti, an…
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Halmont Properties Corporation – Normal Course Issuer Bid
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Article content Toronto, February 25, 2025 (Globe Neuwais) – Halmont Properties Corporation (TSX-V: HMT) (“Halmont” or “The Company”) announced today that the company’s notification of the intention submitted to TSX Venture Exchange (“TSXV”) to purchase to cancel up to 4,642,598 multiple voting shares for the company (“multiple voting shares”, represents…
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British Virgin Islands accused of ‘shameful’ bid to sidestep financial crime crackdown
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The British Virgin Islands (BVI) is facing increasing criticism from Westminster due to controversial plans to restrict transparency on companies ownership, which prompted accusations of a “shameful” effort to protect the role of specialization in money laundering and tax evasion. A newly released consulting paper, proposing to limit the public’s…
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Mandelson’s Washington bid under scrutiny as Donald Trump’s team considers UK ambassador choice
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Downing Street remains cautiously optimistic about Lord Mandelson getting the nod as Britain’s new ambassador to Washington, despite reports that Donald Trump’s incoming administration has raised questions about his “political baggage”. Mandelson, a former Labor government minister and European Trade Commissioner, is awaiting final signing for the prestigious position. Dame…
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Bank of Jerusalem renews bid for Isracard
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Although it signed a new investment agreement with Delek Group and canceled its previous agreement, signed in October, with the insurance company Menora Mivtashem, the credit card company Isracard still has another suitor that has not given up hope: Jerusalem Bank. Yesterday evening, the bank, headed by Yair Kaplan, sent…
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Rachel Reeves to lead Davos 2025 delegation in bid to win over foreign investors
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Rachel Reeves, the finance minister, is preparing to lead a team of ministers and advisers to the 2025 World Economic Forum in Davos, aiming to attract international backers and calm anxiety among local businesses. Reeves, who has attended Davos as a shadow advisor for the past two years, is scheduled…
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Kevin O’leary joins billionaire’s bid to buy TikTok as US ban deadline nears
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Kevin O’Leary, famous for his role as “Mr. Terrific” on US series Shark Tank, has revealed plans to join billionaire Frank McCourt’s consortium in a high-stakes effort to take over TikTok. The move comes amid mounting pressure on the Chinese-owned video platform, which could be banned in the US if…
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Mark Carney considering bid to replace Justin Trudeau in race for Canadian premiership
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Mark Carney, the former governor of the Bank of England, has confirmed that he is considering a bid to succeed Justin Trudeau as Prime Minister of Canada. Trudeau announced Monday that he would step down after nearly a decade in office, sending the Liberal Party scrambling for a new leader…
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Isracard directors prefer Delek bid
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Delek Group (TASE: DELKG), controlled by Yitzhak Tshuva and managed by CEO Idan Wallace, is on the cusp of taking control of Israeli credit card company Isracard (TASE: ISCD). The battle between Delek, Menora Mivtashem (TASE: MMHD) and Jerusalem Bank (TASE: JBNK) over Israel’s largest credit card company is now…
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Bank of Jerusalem raises bid to merge with Isracard
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The race to acquire Isracard (TASE: ISCD) heats up as Jerusalem Bank (TASE: JBNK) joins Delek Group (TASE: DLKG) and Menora Mivtachim (TASE: MMHD) in bids to buy the Israeli credit card company. Last Wednesday, Delek Group offered to buy a controlling stake in Isracard at a company valuation of…
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Thai Government Suffers Setback in Bid to Sway Central Bank
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Breadcrumb links BMN Business The Thai government’s campaign to pressure the Bank of Thailand to cut interest rates has suffered a major setback, with the State Council Office effectively ruling that the official nominee for bank president, former Finance Minister Kitirat Na Ranong, is unsuitable. Article writer: Bloomberg News Pathum…
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McWin Capital eyes Gail’s in bid to pre-empt £500m auction
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McWin Capital Partners, the European food-focused investment firm, is reportedly in early talks to acquire the much-loved but high-priced British bakery chain, according to a report by Bloomberg. The news comes on the heels of Gale’s owners appointing Goldman Sachs to set up an auction, amid widespread speculation that the…
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Starmer Triggers Labour Alarm After Early Reset Bid Falls Flat
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Breadcrumb links BMN Business Keir Starmer is facing calls from across the Labor Party for bolder policies and clearer messaging to reconnect with voters, after a major speech aimed at restarting his faltering UK premiership this week. Article writer: Bloomberg News Alex Wickham, Joe Mayes, and Ailbhay Rhea Published on…
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The 4 ‘fatal flaws’ in Tesla’s bid to award Elon Musk $100 billion, according to the judge who dashed his pay
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The entire push to give Tesla CEO Elon Musk a pay package now worth $100 billion was sealed by a judge this week. In 101 pages opinionDelaware Court Counsel Kathleen McCormick He refused to back down from a previous decision to cancel Musk’s pay. She wrote that the arguments presented…
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Bank of Jerusalem to bid for Isracard
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Jerusalem Bank (TASE: JBNK) joins the race to acquire credit card company Isracard (TASE: ISCD). The details of the offer submitted by the bank are not yet clear, but it said in a statement that “the bank’s board of directors decided to inform “Isracard” of its intention to submit an…
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Coinbase CEO Brian Armstrong Finds Ally In Cardano’s Hoskinson For Crypto Czar Bid
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When it comes to drafting policies and regulations for the cryptocurrency space, there is no better option than hiring someone who has a great understanding of the ins and outs of digital assets. That’s what Cardano founder Charles Hoskinson was convinced when he nominated Coinbase CEO Brian Armstrong to be…
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Coinbase CEO Brian Armstrong Finds Ally In Cardano’s Hoskinson For Crypto Czar Bid
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When it comes to drafting policies and regulations for the cryptocurrency space, there is no better option than hiring someone who has a great understanding of the ins and outs of digital assets. That’s what Cardano founder Charles Hoskinson was convinced when he nominated Coinbase CEO Brian Armstrong to be…
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Nairobi county staff wins in EACC Sh643m asset forfeiture bid
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The High Court has dismissed a case brought by the anti-graft body seeking the confiscation of over Sh643 million in assets and funds belonging to Wilson Nashun Kanani, a Nairobi County employee and co-director of the 1824 Popular Club on Langata Road. Judge Nixon Sifuna said that Al-Kanani and his…
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Musk Loses Bid to Dismiss Ex-Twitter CEO’s Severance Claim
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(Bloomberg) — Elon Musk suffered a major setback in a legal battle over damages sought by top Twitter executives, whom he fired when he took over the company in 2022. Most read from Bloomberg A judge ruled late Friday that former CEO Parag Agrawal and other top officials can move…
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El Al withdraws bid to buy control of Isracard
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The airline says it abandoned the plan because of the short timeline set by Isracard for any deal. El Al Israel Airlines Ltd (level:Ellal) has withdrawn its bid to buy control of credit card company Isracard (TASE: ISCD). Two weeks ago, the airline made a bid to buy a controlling…