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Britain to investigate $5 billion U.S. takeover of defense firm Cobham

2 days ago DieselGasoil Comments Off on Britain to investigate $5 billion U.S. takeover of defense firm Cobham
LONDON (Reuters) – Britain will investigate the national security impact of the purchase of defense company Cobham by U.S. private equity firm Advent International, potentially delaying or even blocking the $5 billion deal. FILE PHOTO: Canadian F-18 war planes (L) wait to refuel from a British VC-10 tanker aircraft over the Mediterranean Sea off Libya Read More

Osram advises investors to accept $4.8 billion offer from AMS

4 days ago DieselGasoil Comments Off on Osram advises investors to accept $4.8 billion offer from AMS
VIENNA (Reuters) – German lighting group Osram (OSRn.DE) advised its shareholders on Monday to accept a 4.3 billion euro ($4.8 billion) takeover bid from AMS (AMS.S) (AMS.VI) and sell their shares to the Austrian sensor specialist, saying the offer was economically attractive. FILE PHOTO: The logo of German lighting manufacturer Osram is seen behind light Read More

After LSE’s sharp rebuff, HKEX begins investor charm offensive

4 days ago DieselGasoil Comments Off on After LSE’s sharp rebuff, HKEX begins investor charm offensive
LONDON (Reuters) – Hong Kong Exchanges and Clearing (0388.HK) is embarking on a three-week charm offensive with London Stock Exchange (LSE.L) investors as the Asian trading house tries to salvage its proposed $39 billion takeover offer. FILE PHOTO: The name of Hong Kong Exchanges and Clearing Limited is displayed at the entrance in Hong Kong, Read More

London Stock Exchange rejects Hong Kong’s unsolicited buyout bid

6 days ago DieselGasoil Comments Off on London Stock Exchange rejects Hong Kong’s unsolicited buyout bid
The London Stock Exchange (LSE) Group has rejected a takeover bid from Hong Kong Exchanges and Clearing (HKEX) in a hard-hitting letter to the Asian exchange’s board. HKEX on Wednesday offered to take over one of Europe’s largest exchanges for £29.6 billion ($36.6 billion). However, the LSE said in a statement that it has concerns Read More

London Stock Exchange flatly rejects Hong Kong’s $39 billion takeover offer

7 days ago DieselGasoil Comments Off on London Stock Exchange flatly rejects Hong Kong’s $39 billion takeover offer
LONDON (Reuters) – The London Stock Exchange (LSE.L) emphatically rejected the Hong Kong bourse’s $39 billion takeover offer on Friday, opting to stick with its planned purchase of data and analytics group Refinitiv. FILE PHOTO: Signage is seen outside the entrance of the London Stock Exchange in London, Britain. Aug 23, 2018. REUTERS/Peter Nicholls/File Photo Read More

Milan bourse strategic for Italy due to MTS bond trading platform: minister

7 days ago DieselGasoil Comments Off on Milan bourse strategic for Italy due to MTS bond trading platform: minister
FILE PHOTO: Italian Finance and Economy Minister Roberto Gualtieri talks to media before the informal meeting of ministers for economic and financial affairs (ECOFIN) and Eurogroup in Helsinki, Finland, 13 September 2019. Lehtikuva/Martti Kainulainen via REUTERS ROME (Reuters) – Italy’s new economy minister said on Friday that the Milan bourse, which is part of the Read More

London Stock Exchange rejects Hong Kong’s $39 billion takeover offer

7 days ago DieselGasoil Comments Off on London Stock Exchange rejects Hong Kong’s $39 billion takeover offer
FILE PHOTO: Signage is seen outside the entrance of the London Stock Exchange in London, Britain. Aug 23, 2018. REUTERS/Peter Nicholls/File Photo LONDON (Reuters) – London Stock Exchange (LSE.L) has rejected Hong Kong Exchange’s (0388.HK) $39 billion takeover offer, opting to stick with its planned purchase of data and analytics group Refinitiv. The LSE told Read More

AB InBev set to revive Budweiser Asia IPO with $5 billion float: sources

1 week ago DieselGasoil Comments Off on AB InBev set to revive Budweiser Asia IPO with $5 billion float: sources
HONG KONG (Reuters) – Anheuser-Busch InBev (ABI.BR) is planning to raise about $5 billion from a revived float of its Asian operations after the world’s largest beer maker shelved a Hong Kong IPO in July, people with knowledge of the matter said. AB InBev, which had aimed to raise as much as $9.8 billion through Read More

Political risks of Hong Kong exchange’s $39 billion LSE approach takes toll on shares

1 week ago DieselGasoil Comments Off on Political risks of Hong Kong exchange’s $39 billion LSE approach takes toll on shares
HONG KONG (Reuters) – Hong Kong stock exchange shares fell more than 3% on Thursday as investors raised concerns about the political and regulatory risks involved in its $39 billion approach to take over London Stock Exchange (LSE) (LSE.L). FILE PHOTO: The name of Hong Kong Exchanges and Clearing Limited is displayed at the entrance Read More