With the new preliminary offers, the committee, which is overseeing the sale process, will continue negotiations with the two rival bidders.
Once these preliminary offers are made, we will be able to see how far we are from the global cuts called for by scientists.
Wal-Mart Stores announced plans on Monday to enter the African market, with a preliminary offer to buy the Johannesburg-based retailer Massmart Holdings for about $4.2 billion.
[A9.] Another Play for Allied Domecq The Constellation Group, the world's largest wine producer, turned up the heat in the takeover battle for Allied Domecq, making a preliminary offer that executives involved in the talks said was worth about $14.3 billion.
The agreement comes after a preliminary offer from Coca-Cola was rescinded and maneuvers by Danone of France were abandoned.
Silver Lake subsequently asked for financing proposals by Jan .3. Dec. 21: TPG asked JPMorgan bankers for permission to submit its preliminary offer within the next few days.
The insurer has received a preliminary offer of $11 billion from MetLife for its American Life Insurance Company subsidiary, called Alico, according to people with knowledge of the discussions, who asked not to be identified because the details of the deal were not public.
There are also suggestions that Honda may have made a preliminary offer to supply the new team to prevent Sato defecting to the Jordan squad which has a contract to use Toyota engines in 2006.
The company confirmed it received a preliminary offer from Mondelez for a mix of cash and stock totaling $107 a share of Hershey common stock.
J.P. Morgan executives have been studying WaMu's books since March and made a preliminary offer, but discussions between the two firms ground to a halt last week, according to a person familiar with the situation.
