Posted by Reuters: Business News on January 25, 2012
(Reuters) – Roche Holding AG is offering $5.7 billion in cash to buy U.S. gene sequencing company Illumina Inc in a hostile takeover bid that marks a major play by the Swiss drugmaker into the gene technology field.
Posted by Reuters: Business News on August 23, 2011
MELBOURNE (Reuters) – Australian brewer Foster’s Group sought to put pressure on SABMiller to up its $10 billion hostile takeover offer, unveiling on Tuesday a A$500 million ($521 million) capital return even as profits slid.
Posted by Reuters: Business News on September 27, 2010
CHICAGO/TORONTO (Reuters) – A U.S. federal judge said on Monday he would allow the discovery process to proceed in a lawsuit filed by Potash Corp to fend off BHP Billiton’s $39 billion hostile takeover bid.
Posted by Reuters: Business News on September 23, 2010
TORONTO (Reuters) – Potash Corp filed a lawsuit against BHP Billiton on Wednesday to fend off the miner’s $39 billion hostile takeover bid, intensifying the Canadian fertilizer supplier’s struggle to find a more attractive offer.
Posted by Reuters: Business News on August 30, 2010
PARIS/BOSTON (Reuters) – Biotech company Genzyme Inc rejected an $18.5 billion buyout offer from French drugmaker Sanofi-Aventis SA on Monday, setting the stage for a protracted and potentially hostile takeover battle.
Posted by Reuters: Business News on
PARIS/BOSTON (Reuters) – U.S. biotech company Genzyme Inc rejected an $18.5 billion buyout offer from French drugmaker Sanofi-Aventis SA on Monday, setting the stage for a protracted and potentially hostile takeover battle.
Posted by Reuters: Business News on August 24, 2010
SEOUL (Reuters) – State-run Korea National Oil Corp will not consider raising its $2.6 billion hostile takeover offer for British oil explorer Dana Petroleum in return for management backing, KNOC’s chief executive said on Tuesday.
Posted by Reuters: Business News on August 23, 2010
MELBOURNE (Reuters) – Potash Corp has been contacted by China’s Sinochem Group and Brazil’s Vale as the Canadian firm battles a hostile $39 billion takeover offer from BHP Billiton , Bloomberg reported.
Posted by Reuters: Business News on August 22, 2010
LONDON (Reuters) – BHP Billiton , the world’s biggest miner, could be dragged into a geopolitical independence row on Monday as a result of its hostile takeover bid for Potash Corp , the Independent on Sunday reported.
Posted by Reuters: Business News on August 20, 2010
SYDNEY/TORONTO (Reuters) – BHP Billiton formally launched its hostile takeover bid for Potash Corp on Friday but a poll of investors suggested the world’s biggest miner would need to significantly raise its $39 billion offer to capture the top fertilizer maker.
