Sentence examples for takeover worth from inspiring English sources
As with any foreign takeover worth more than C$295m, he has to rule whether it is of "net benefit" to Canada.
Westpac Banking said Tuesday that it would acquire its smaller rival St. George in a takeover worth about 18.5 billion Australian dollars, or about $17.5 billion.
In 2005, the American Malcolm Glazer (who died this May) bought Manchester United in a hostile takeover worth more than a billion dollars.
Today, Friends Provident directors said the takeover, worth 79.4p a share, was in the best interest of shareholders and unanimously recommended acceptance.
Sanofi-Aventis has begun merger negotiations with the biopharmaceutical firm Genzyme after sending a letter outlining a potential takeover worth up to $18.7 billion, people briefed on the matter said Monday.
A10 BUSINESS DAY C1-10 Drug Maker Ponders theeover SanoFrenchthelabo, the French pharmaceutical company, is considering a takeover worth more than $60 billion for its rival, Aventis, executives briefed on the plan said.
In the interim the purchasing firm takes on debt, restricting its ability to pay dividends.However research done by Bloomberg BusinessWeek suggests shareholders have reacted positively to acquisitions during the recovery:Bloomberg analyzed takeovers worth at least $200 million in which the buyer was a public company and no more than 10 times as large as the target.
Forth Ports finished 20p higher at £16.34 after agreeing a £760m takeover - worth £16.30 a share plus a 20p dividend - from 23% shareholder Arcus European Infrastructure Fund.
Punch Taverns has put on 3.7p to 77.25p as it confirmed speculation of a demerger of its managed and leased pubs divisions, while Forth Ports added 25p to £16.39 as it agreed a £760m takeover - worth £16.30 a share plus a 20p dividend - from 23% shareholder Arcus European Infrastructure Fund.
On February 11th Yahoo!, a pioneering internet company, turned down a takeover offer worth $44.6 billion from Microsoft.
Selfridges, the 94-year-old British department store company, received a takeover offer worth more than £375 million ($585 million).
