Category: offer
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Britain’s Rightmove rejects $7.3 billion takeover offer from Murdoch’s REA Group By Reuters
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By Scott Murdoch and Aditya Govindrao SYDNEY (Reuters) – Britain’s biggest property portal Rightmove has rejected its offer to buy the Australian property listings company for 5.6 billion pounds ($7.32 billion) in cash and shares, the Australian property listings company Ria Group said on Wednesday. REA, in which Rupert Murdoch’s…
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Couche-Tard approaches Seven & i again after $38.5 billion offer rejection By Reuters
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Written by Urvi Dugar Canadian retailer Alimentation Couche-Tard said Sunday it is willing to enter into confidential discussions with Japanese retail giant Seven & I Holdings Inc. about a $38.5 billion takeover offer and remains keen to pursue the purchase. Shares of Seven & I rose 3% in early trading…
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Adani to absorb staff, offer new job terms two years after JKIA takeover
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All Kenya Airports Authority staff will continue to work on their current terms if India’s Adani Airports Holdings wins its bid to run Kenya’s largest airport for 30 years, signalling a softer stance after a workers’ standoff. The revised master concession terms offered by Adani to Kenya Airways, under which…
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7-Eleven owner rejects Couche-Tard’s offer, but leaves door open
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Breadcrumbs Path Links news Retail and Marketing Change is underway at Japanese companies, long considered impenetrable to takeovers. Article author: Bloomberg News Reed Stevenson Published on September 6, 2024 • Read for 4 minutes You can save this article by registering for free here. Or log in if you have…
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7-Eleven owner rejects Couche-Tard’s offer, but leaves door open
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Breadcrumbs Path Links news Retail and Marketing Change is underway at Japanese companies, long considered impenetrable to takeovers. Article author: Bloomberg News Reed Stevenson Published on September 6, 2024 • Read for 4 minutes You can save this article by registering for free here. Or log in if you have…
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AT&T makes final offer to striking CWA union By Reuters
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(Reuters) – AT&T Inc has submitted its final offer to its negotiating committee, the Communications Workers of America union said on Thursday, adding that the proposal did not meet its expectations. The Communications Workers Union said the proposal was made on Wednesday, and then made a counteroffer later in the…
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Report From The DNC: Democrats Warm Up To Bitcoin And Crypto, But Offer No Policy Specifics
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Bitcoin wasn’t a big topic at this week’s Democratic National Convention. Not a single speaker at the event uttered a word about the cash system or other crypto assets from the main stage at the United Center in Chicago. It was hard to hear a conversation about bitcoin or cryptocurrencies…
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Exclusive-Deutsche Bank’s proposed Postbank case settlement offer rejected by plaintiffs By Reuters
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By Tom Sims FRANKFURT (Reuters) – Deutsche Bank has made a settlement offer to shareholders suing Germany’s largest lender over unpaid fees for its acquisition of Postbank, the plaintiffs’ lawyer said on Friday. Lawyer Jan Bayer (OTC:) dismissed the bank’s offer as “crazy” and “dead from the moment it arrived.”…
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Edgar Bronfman Jr. to prepare an offer for Paramount Global, Bloomberg News reports By Reuters
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Seagram heir Edgar Bronfman Jr. is close to making a bid for National Amusements Inc. that would rival an acceptable offer from Skydance Media Inc., Bloomberg News reported Thursday, citing people familiar with the plans. The former Warner Music chief had expressed interest in buying National Amusements, Paramount’s controlling shareholder,…
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Morgan Stanley to Offer Bitcoin ETFs to Wealth Clients: CNBC
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In a major move among Wall Street’s biggest banks, Morgan Stanley will soon allow its financial advisers to offer bitcoin exchange-traded funds to certain clients, according to CNBC. ReportsStarting Wednesday, the firm’s 15,000 advisors will be able to offer exposure to BlackRock’s iShares Bitcoin Trust and Fidelity’s Wise Origin Bitcoin…
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Wiz turns down Googles $23b acquisition offer
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Israeli cloud security company Weez Apple has rejected Google’s $23 billion offer to buy it and will instead focus on its plan to float shares on Wall Street. “It’s hard to turn down such modest offers,” Asaf Rapaport, Waze’s co-founder and CEO, wrote in a memo to the company’s 1,200…
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Hong Kong’s Top Virtual Bank to Offer Reserve Services to Crypto Stablecoin Issuers
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Hong Kong’s largest virtual bank, ZA Bank, achieved a new milestone earlier today by an offer Hong Kong has announced plans to offer exclusive Reserve Bank services to stablecoin issuers, a move in line with Hong Kong’s recent regulatory progress regarding cryptocurrencies. The initiative is part of the region’s new…
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Tanzania’s Amsons makes Sh23bn Bamburi buyout offer
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A Tanzania-based group with interests in energy, construction, food and transport has made a $180 million (Sh23.15 billion) offer to acquire the entire stake in Bamburi Cement in what would be one of the largest takeover deals in East Africa. Amsons Group, a family-owned business with operations in Tanzania, Zambia,…
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Tanzania’s Amsons makes Sh23bn Bamburi buyout offer
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A Tanzania-based group with interests in energy, construction, food and transport has made a $180 million (Sh23.15 billion) offer to acquire the entire stake in Bamburi Cement in what would be one of the largest takeover deals in East Africa. Amsons Group, a family-owned business with operations in Tanzania, Zambia,…
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Is Cryptoqueen Ruja Ignatova Alive? US Govt Raises Reward Offer to $5M
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The US government has increased the reward offered for information on the whereabouts of OneCoin co-founder Ruja Ignatova to $5 million. according to Official release From a U.S. State Department spokesperson, in collaboration with the U.S. Embassy in Bulgaria, anyone providing information leading to the arrest or conviction of Ignatova,…
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Exclusive-Bosch weighs offer for appliance maker Whirlpool, sources say By Reuters
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Written by Anirban Sen and Emma Victoria Farr (Reuters) – German engineering group Robert Bosch is considering a bid for U.S. home appliance maker Whirlpool (NYSE:), a move that would strengthen its position in the home appliance market, three people familiar with the matter said. One of the sources said…
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Exclusive-Bosch weighs offer for appliance maker Whirlpool, sources say By Reuters
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Written by Anirban Sen and Emma Victoria Farr (Reuters) – German engineering group Robert Bosch is considering a bid for U.S. home appliance maker Whirlpool (NYSE:), a move that would strengthen its position in the home appliance market, three people familiar with the matter said. One of the sources said…
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Fed’s Key Inflation Gauges May Offer Path to Rate Cuts
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(Bloomberg) — The Federal Reserve’s favored inflation gauges are poised to show the smallest monthly progress since late last year — a starting point for officials to start cutting interest rates, perhaps as soon as September. Most read from Bloomberg Economists expect no change in the PCE price index for…