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UniCredit starts 1.7 billion euro share buyback in top payout pledge
UniCredit said it will start repurchasing as much as 1.7 billion euros (S$2.44 billion) of its own stock as it delivers on the biggest payout pledge among European banks. The...
Olam raises bid for Australia’s Namoi Cotton to A$0.75 per share
This comes days after independent directors of Namoi unanimously recommended that shareholders accept Louis Dreyfus Company Melbourne’s takeover offerTHE tussle for Australia’s largest cotton ginner is heating up as...
Hanwha launches voluntary conditional cash offer for Dyna-Mac at S$0.60 a share
SOUTH KOREAN company Hanwha has launched a voluntary conditional cash offer through a special-purpose company to take management control of offshore oil-and-gas contractor Dyna-Mac at S$0.60 a share.The offer...
China’s Midea Group launches HK$26.97 billion share offering in Hong Kong
CHINESE home appliance maker Midea Group on Monday (Sep 9) launched a share offering of about HK$26.97 billion (S$4.5 billion) in Hong Kong, according to its filings, in the...
Seven & i says Couche-Tard’s US$14.86 per share offer is not adequate
JAPANESE retail giant Seven & i Holdings said on Friday that Alimentation Couche-Tard has offered to take over the company at US$14.86 per share in cash.Seven & i also...
Seven & i says Couche-Tard’s US$14.86 per share offer is not adequate
JAPANESE retail giant Seven & i Holdings said on Friday (Sep 6) it had turned down Canada’s Alimentation Couche-Tard’s US$38.5 billion cash bid, rejecting an offer that would be...
China’s Midea Group to launch at least US$3 billion share offering in Hong Kong: sources
CHINESE home appliance maker Midea Group plans to launch a share offering in Hong Kong to raise at least US$3 billion as early as Sep 9, said two sources,...
NeraTel receives mandatory offer from Ennoconn Corp at S$0.075 per share
The shares acquired will be held by Ennoconn Solutions Singapore, a wholly owned subsidiaryNERA Telecommunications (NeraTel) has received an offer from Taiwan-listed Ennoconn Corporation for all the shares in...