bid

Abu Dhabi state oil firm makes US.7 billion bid for Australia’s Santos
Abu Dhabi state oil firm makes US$18.7 billion bid for Australia’s Santos
[SYDNEY] Abu Dhabi’s state-owned oil company is leading a takeover bid for Australian energy group Santos, valuing it at US$18.7 billion, the two firms said on Monday (Jun 16).Santos’...
Nippon Steel shares rise after Trump approves US.9 billion US Steel bid
Nippon Steel shares rise after Trump approves US$14.9 billion US Steel bid
[TOKYO] Nippon Steel shares rose on Monday after US President Donald Trump approved its US$14.9 billion bid for US Steel, clearing a key hurdle in its 18-month pursuit and...
Gucci owner Kering turns to Renault CEO in turnaround bid
Gucci owner Kering turns to Renault CEO in turnaround bid
[PARIS] Kering is set to name the chief executive officer of Renault as its next CEO, looking to an Italian manager who’s turned around the French automaker to perform...
Toyota chairman re-elected against backdrop of US billion buyout bid
Toyota chairman re-elected against backdrop of US$33 billion buyout bid
[TOYOTA CITY, Japan] Toyota Motor shareholders re-elected Akio Toyoda as chairman on Thursday (Jun 12), highlighting support among mom-and-pop investors even as the Japanese automaker’s US$33 billion buyout of...
Great Eastern plans to delist through higher OCBC-backed bid: Bloomberg
Great Eastern plans to delist through higher OCBC-backed bid: Bloomberg
The offer is expected to be fair and reasonable in accordance with Singapore’s listing guidelines[SINGAPORE] Great Eastern is considering options that include a plan to delist via an offer...
Starbucks reshuffles leadership to accelerate turnaround bid
Starbucks reshuffles leadership to accelerate turnaround bid
[CHICAGO] Starbucks is reorganising part of its senior ranks, looking to speed up plans to reverse a sales slump.Mike Grams, hired last year as head of North America stores,...
US panel divided over Nippon Steel bid for US Steel but path forward seen, says official
US panel divided over Nippon Steel bid for US Steel but path forward seen, says official
[WASHINGTON] A national security panel was divided in its recommendation to President Donald Trump on Nippon Steel’s bid for US Steel but most panel members believe any security risks...
Toyota Industries to accept bid by Toyota Group
Toyota Industries to accept bid by Toyota Group
Published Mon, May 19, 2025 · 05:37 PM[TOKYO] Toyota Industries is set to accept a buyout offer from the Toyota group, Kyodo news reported on Monday (May 19) without...
Burberry to cut 1,700 jobs in turnaround bid
Burberry to cut 1,700 jobs in turnaround bid
[LONDON] Burberry Group plans to cut almost a fifth of its workforce as its new chief executive officer tries to turn around the British trench-coat maker, after its push...
Citing worsening macro conditions, Frasers Property renews bid to take Frasers Hospitality Trust private
Citing worsening macro conditions, Frasers Property renews bid to take Frasers Hospitality Trust private
[SINGAPORE] Frasers Property is proposing to privatise Frasers Hospitality Trust (FHT) at S$0.71 per stapled security, due to FHT’s inability to improve the distribution and growth of the trust...