Category: takeover

  • Intel Stock Soars as Takeover Speculation Spreads

    Justin Sullivan/Getty Images The S&P 500 jumped 1% on Friday, January 17, 2025, heading into a three-day weekend higher as expectations for additional interest rate cuts in 2025 rebound. Intel shares took off after reports that the semiconductor giant could be a takeover target. Shipping company J.B. Hunt reported lower-than-expected…

  • Intel Stock Soars as Takeover Speculation Spreads

    Justin Sullivan/Getty Images The S&P 500 jumped 1% on Friday, January 17, 2025, heading into a three-day weekend higher as expectations for additional interest rate cuts in 2025 rebound. Intel shares took off after reports that the semiconductor giant could be a takeover target. Shipping company J.B. Hunt reported lower-than-expected…

  • Uncertain future for over 2,700 Belfast aerospace jobs as takeover stalls

    Concerns are mounting for the future of Northern Ireland’s largest private employer, with 2,700 jobs at risk at Spirit Aerosystems’ factory in Belfast. The site impasse stems from complications in a takeover deal involving Boeing, which has agreed to acquire Spirit, and Airbus, which has said it will buy only…

  • Cielo Blu shareholders approve takeover by Tshuva and Zvida

    Shareholders of Cielo Blu (TASE: CILO) (formerly Hanan Mor), most of whom are financial institutions that acquired the company as part of its debt settlement, have overwhelmingly approved the allotment to companies controlled by Yitzhak Tshuva and David Zveda of Cielo Blu. Shares that can reach 47% in two stages,…

  • Dogecoin Bullish Takeover: DOGE To Outperform Bitcoin By 2,400% — Here’s How

    The price of Dogecoin had one of the most profitable Novembers in its history, rising more than 150% over the past 30 days. However, the meme’s performance has slowed somewhat in the past week, as it struggles to reach the psychological level of $0.45. However, one popular analyst on X…

  • Direct Line Rejects £3.3 Billion Takeover Offer From Aviva

    Breadcrumb links BMN Business Direct Line Insurance Group Plc has rejected a £3.3 billion ($4.2 billion) takeover bid from Aviva Plc, rejecting a second suitor this year. Article writer: Bloomberg News Ek Henning, Dinesh Nair, and Jan-Henrik Forster Posted on November 27, 2024 • 2 min read You can save…

  • Widow’s illegal ‘takeover’ of giant laundry firm blocked

    The High Court has barred a widow from taking over the management of a family-owned laundry business worth Sh70 million in Nairobi. Justice Freda Mugambi said Kiran Harilal Rajput illegally declared herself a director of Capitol Laundry Limited after the death of her husband Harilal Durga Das Rajput and his…

  • Whitestone REIT ‘carefully considering’ MCB’s $15/share takeover offer By Investing.com

    Investment website — Whitestone REIT (NYSE:) “will carefully consider” the $15-a-share offer that MCB Real Estate formally made earlier this week, the company told Investing.com exclusively. “As a fiduciary, the Board of Directors will carefully consider the proposal we received from MCB Real Estate to determine whether it is in…

  • Whitestone REIT ‘carefully considering’ MCB’s $15/share takeover offer By Investing.com

    Investment website — Whitestone REIT (NYSE:) “will carefully consider” the $15-a-share offer that MCB Real Estate formally made earlier this week, the company told Investing.com exclusively. “As a fiduciary, the Board of Directors will carefully consider the proposal we received from MCB Real Estate to determine whether it is in…

  • Intel stock jumps on Qualcomm’s takeover approach

    Intel shares rose after the Wall Street Journal reported that Qualcomm Inc. had approached the company about acquiring it, a potential record deal for the chipmaker. The discussions took place in recent days, the newspaper reported, citing people familiar with the situation. However, a deal is not certain, according to…

  • Qualcomm has approached Intel about a takeover in recent days

    Intel shares rose 5.82% after reports from the Wall Street Journal that Qualcomm approached the company about acquiring it in recent days. Intel shares are down in 2024 from a year-end close of $50.25. The current price is up $1.23, or 5.82%, at $22.37 in volatile trading. The year-to-date low…

  • Qualcomm has approached Intel about a takeover in recent days

    Intel shares rose 5.82% after reports from the Wall Street Journal that Qualcomm approached the company about acquiring it in recent days. Intel shares are down in 2024 from a year-end close of $50.25. The current price is up $1.23, or 5.82%, at $22.37 in volatile trading. The year-to-date low…

  • Qualcomm approached Intel about a takeover in recent days, WSJ reports By Reuters

    (Reuters) – Qualcomm Inc has made a $300 billion takeover bid for chipmaker Intel Corp in recent days, the Wall Street Journal reported on Friday, citing people familiar with the matter. Intel shares closed up 3.3%, while Qualcomm (NASDAQ:) shares fell 2.9%. Qualcomm has a market cap of $188 billion,…

  • Qualcomm approached Intel about a takeover in recent days, WSJ reports By Reuters

    (Reuters) – Qualcomm Inc has made a $300 billion takeover bid for chipmaker Intel Corp in recent days, the Wall Street Journal reported on Friday, citing people familiar with the matter. Intel shares closed up 3.3%, while Qualcomm (NASDAQ:) shares fell 2.9%. Qualcomm has a market cap of $188 billion,…

  • White House officials signal delay in U.S. Steel takeover decision, Washington Post reports By Reuters

    (Reuters) – White House officials have signaled a delay in making a decision on Japan’s Nippon Steel Corp.’s acquisition of U.S. Steel, the Washington Post reported on Friday. The Committee on Foreign Investment in the United States, Nippon and U.S. Steel declined to comment. The White House did not immediately…

  • Britain’s Rightmove rejects $7.3 billion takeover offer from Murdoch’s REA Group By Reuters

    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…

  • Adani to absorb staff, offer new job terms two years after JKIA takeover

    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…

  • REA group eyes £4.4bn takeover bid for Rightmove

    Australian property giant REA Group, backed by Rupert Murdoch’s News Corp, is considering a £4.4bn bid to buy Rightmove, the UK’s leading online property portal. REA Group, listed on the Australian Securities Exchange, operates prominent real estate platforms such as realestate.com.au in Australia, and is expanding into markets across Asia,…

  • Artisan urges Seven&i for takeover bid update by Sept 19 By Reuters

    Written by Rocky Swift and Kevin Buckland TOKYO (Reuters) – U.S. asset manager Artisan Partners has stepped up pressure on its holdings in Japanese companies Seven and Ai, asking its board to provide an update on a takeover bid by Canada’s Alimation Couture by Sept. 19. In a letter dated…

  • Artisan urges Seven&i for takeover bid update by Sept 19 By Reuters

    Written by Rocky Swift and Kevin Buckland TOKYO (Reuters) – U.S. asset manager Artisan Partners has stepped up pressure on its holdings in Japanese companies Seven and Ai, asking its board to provide an update on a takeover bid by Canada’s Alimation Couture by Sept. 19. In a letter dated…