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Wednesday, June 19, 2019

Tag: bid

Sears chairman prevails in bankruptcy auction for retailer with US$5.2 billion...

Sears' chairman Lampert merged the department store with discount chain Kmart in 2005 in a US$11 billion deal.

Apollo is said to consider bid for GE’s jet-leasing business

No deal is imminent yet and GE may opt to keep the business.

Thai regulator blocks US$4 billion sale of Engie’s Glow to PTT

The acquisition would have expanded GPSC's capacity to 4,835 megawatts, making it the country's fourth-largest electricity producer after state-owned Ratchaburi Electricity Generating Holding Pcl.

Gamuda submits RM963 million joint bid for Singapore land

The property developer says the site has been earmarked for an executive condominium development project.

Calgary votes to continue 2026 Winter Olympics bid

Calgary City Council has voted to continue with its 2026 Winter Olympic Games bid process.

ArcelorMittal said to boost Essar Steel bid to US$5.8 billion

ArcelorMittal, led by billionaire Lakshmi Mittal, is keen to expand in India as economic growth drives steel demand and producers scale up capacity.

Indonesia to bid for 2032 Olympics

Widodo said the Asian Games have proved the country has the ability to host the world's most prestigious multi-sports event.

Musk says working with Silver Lake, Goldman on Tesla bid

Musk, who is still looking for funding for the plan, also said law firms Wachtell, Lipton, Rosen & Katz and Munger, Tolles & Olson would be legal advisers on the plan.

Fox makes its formal offer for Sky, but doesn’t top Comcast

As it formalizes its Sky bid, Fox switched the structure from a scheme of arrangement, which requires approval from 75% of Sky’s shareholders to an offer.

Italy’s Olympic Committee approves multi-city 2026 Winter Games bid

The three cities involved in the proposed bid are Milan, Turin, and Cortina d'Ampezzo.

Bordeaux block Malcom move to Roma after late Barcelona bid

Roma's bid for Malcom was surpassed by one from Barcelona.

Mubadala is in talks with potential bidders for Cepsa

No final decisions have been made as Mubadala continues to prepare for the listing, the people said. Discussions are at an early stage.

Germany considers Iranian bid to withdraw 300 mln euros cash

German authorities are considering a request by Iran to withdraw 300 million euros from bank accounts held in Germany and transfer the cash to Iran.

Real Madrid deny Mbappe bid rumour

Real Madrid issued their denial after Spanish sports dailies Marca and AS ran articles citing the posting.

Algeria, Tunisia consider joining Morocco in future World Cup bid

Morocco last month lost out to a joint North American bid in the vote for the 2026 finals and immediately signalled its intention to try again, despite having bid five times and come up short each time.

Fox shareholders to vote on $71 billion Disney bid July 27

The special meeting is scheduled for 10 a.m. at the New York Hilton in midtown Manhattan, Disney said in a regulatory filing. Disney shareholders will also consider the transaction.

Ex-Trump campaign chief Manafort loses bid to dismiss Virginia charges

Judge T.S. Ellis in the US District Court for the Eastern District of Virginia ruled that Mueller was properly appointed by Deputy Attorney General Rod Rosenstein in May 2017 and has the authority to prosecute Manafort.

Fox accepts $71 billion Disney bid, dealing blow to Comcast

The $38-a-share price is about $10 a share higher than what Disney offered in December -- and $3 above Comcast’s bid from last week.

Norwegian Air CEO says bid approaches go beyond IAG, Lufthansa

A decision on whether to sell would be based on price and factors including the impact on employment, Kjos said, adding that he wouldn’t oppose a transaction if it was backed by the board.

Disney under gun to respond after Comcast’s USD65 billion Fox bid

At stake is a trove of media properties, ranging from “The Simpsons” to “X-Men,” that are key to Disney fending off the threat from Netflix Inc. and other streaming upstarts.

Comcast offers $65 bln to lure Fox from Disney bid

Comcast Chief Executive Brian Roberts said he was highly confident regulators would allow Comcast to acquire most of Fox's media assets.

Malaysia’s IHH Healthcare sweetens bid for India’s Fortis

Fortis has been the target of five companies and investment groups vying for control of its 30 hospitals in India.

Takeda adds more cash in boosting Shire bid over US$60 billion

Shire says its board of directors 'is considering its position with respect to the fourth proposal'.

FIFA task force arrives to inspect 2026 candidate Morocco

Morocco hopes to outdo a joint bid from the US, Canada, and Mexico and thus earn the right to host the 2026 World Cup.

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