Category: bidding
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Citgo Bidding Opened to Others to Try to Top Elliott Firm
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Breadcrumb links BMN Business A US judge has reset the bidding process for Citgo Petroleum Corp’s parent company. Late Tuesday, a move that would create competition for Elliott Investment Management’s bid to buy the oil refinery. Article writer: Bloomberg News Jeff Feeley, Nicole Yabor, and Andrina Itriago Acosta Posted on…
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Delek Group joins bidding for Isracard
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Shareholders of credit card company Isracard were supposed to vote on the offer made by insurance company Menorah Mivtachim to acquire it for NIS 3.1 billion. However, at the last minute, Yitzhak Tshuva’s Delek Group made its own bid, valuing Isracard at NIS 3.36 billion, while Al-Quds Bank also made…
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Two more groups mull bidding for Isracard
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Buying battle Isracard (TASE: ISCD) has moved higher. after Menorah Mivtashem Holdings Ltd (level: Smoothed) renewed its bid earlier this month to buy control of the credit card company, after which WeSure Global Tech (TASE: WESR), which owns insurance company Ayalon, entered the race, and there are now two other…
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DSV ahead in bidding for Deutsche Bahn’s Schenker, sources say By Reuters
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BERLIN (Reuters) – Danish transport company DSV is slightly ahead in the bidding race for German state rail operator Deutsche Bahn’s Schenker logistics unit, several people familiar with the sale process told Reuters on Friday. DSV’s offer is currently considered the most attractive, the sources said after a meeting of…
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Latest failure: firm bidding to produce power from Fundy tides files for bankruptcy
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Breadcrumbs Path Links BMW PMN Business Article author: Canadian Press Michael Totton Published on September 5, 2024 • Read for 3 minutes You can save this article by registering for free here. Or log in if you have an account. A large tidal power turbine built for Nova Scotia Power…