|
|
|
|
 |
Reuters Group, a financial market data provider and a news service that provides reports from around the world to newspapers and broadcasters, says it has received a tentative takeover bid from an unidentified suitor, sending the stock up a record 25 percent and propelling the London-based company's market value to 7.75 billion pounds ($15.4 billion).
|
|
|
 |
Chicago billionaire Sam Zell is supporting the Tribune Company transaction with a $315 million investment, shareholders receiving $34 per share.
|
|
|
 |
Porsche AG, the world's most profitable carmaker, plans to raise its current 27.3 percent stake in Volkswagen AG to up to 31 percent, triggering a mandatory offer for the whole of the company.
|
|
|
 |
Bankrupt Delta Air Lines Inc. is analyzing a $10.2 billion takeover bid by rival US Airways Group Inc. and will take it to its board of directors soon, according to a court filing on Friday.
|
|
|
 |
BAE Systems PLC, BRITAIN's biggest defence contractor, and Carlyle Group LP, global private equity investment firm, plan a joint bid for the control of Devonport dockyard, two newspapers reported Sunday.
|
|
|
|
|