rejects
Hershey’s main owner rejects Mondelez’s offer as too low
THE main owner of US chocolate maker Hershey has rejected a preliminary takeover offer from Mondelez International, sources familiar with the matter said, potentially ending a fresh pursuit that...
British insurer Direct Line rejects Aviva’s £3.3 billion takeover bid
BRITISH insurer Direct Line Insurance on Wednesday (Nov 27) rejected a takeover offer of £3.3 billion (S$5.6 billion) from bigger rival Aviva, saying it “substantially undervalued” the company.On Nov...
Indonesia rejects Apple’s US$100 million investment offer
INDONESIA has rejected an Apple US$100 million investment proposal aimed at lifting a ban on iPhone 16 sales, saying it lacks the “fairness” required by the government.
Indonesia last month...
Singapore rejects crypto CEO’s PR bid; Nansen boss may relocate
SINGAPORE’S push to foster a digital-asset hub jumped back into the spotlight this week when Nansen chief executive officer Alex Svanevik revealed his application for permanent residence (PR) there...
Boeing proposes ‘final’ offer to striking workers; union rejects vote
BOEING increased its wage offer to thousands of striking workers on Monday, in what it called its “best and final offer”, but the planemaker’s biggest union said the terms...
Dividend Rejects Major Label Imprint, Retains Focus on Management
Dividend Music is reportedly sticking with its indie status as a music management and publishing powerhouse.The decision to stay in the management game revolves largely around its growing influence...
Taiwan regulator rejects CTBC’s US$4.1 billion bid for Shin Kong
TAIWAN regulators rejected CTBC Financial Holding’s US$4.1 billion takeover bid for smaller rival Shin Kong Financial Holding, blocking the creation of what would have been the island’s biggest financial...
SGX-ST rejects New Silkroutes Group’s proposal to resume trading
THE Singapore Exchange Securities Trading (SGX-ST) has rejected New Silkroutes Group’s proposal to resume trading over concerns about the group’s financial stability and the viability of its new business.
The...
UK property portal Rightmove rejects £5.6 billion takeover offer from Murdoch’s REA Group
NEWS Corp-backed property listing company REA Group said on Wednesday that Britain’s largest property portal Rightmove rejected its £5.6 billion (S$9.5 billion) buyout proposal.Rupert Murchoch-owned REA did not cite...
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