Tag: takeover
Woodside withdraws $11.6bn bid to take over Oil Search
Perth-based energy giant Woodside Petroleum has withdrawn its bid to take over Oil Search and create a regional oil and gas leader.
“Woodside advises that...
Oil Search rejects Woodside’s $11.6bn takeover bid
Oil Search, a Papua New Guinea natural gas producer, rejected a multi-billion all-stock takeover bid by the Australian oil and gas producer Woodside Petroleum.
In an ASX...
Independence Group to acquire Sirius Resources for $1.8bn
Western Australian miner Independence Group (IGO) is set to acquire all the issued capital of Australian minerals explorer Sirius Resources in a deal worth...
Shell to acquire BG Group
Oil giant Royal Dutch Shell is set to acquire British gas producer BG Group in a deal valued at approximately $70 billion.
If it materialises,...
ACCC greenlights JBS’ $1.45bn takeover of Australian Primo Smallgoods
Affinity Equity Partners' Primo Smallgoods will be sold to JBS USA Holdings Inc for $1.45 billion after the Australian Competition and Consumer Commission (ACCC)...
Kresta shareholders urged to accept $28m takeover proposal
The directors of Australia’s biggest blinds and curtains manufacturer Kresta have unanimously recommended that Kresta shareholders accept a $27.7 million takeover bid from Hong...
Goodman Fielder accepts lesser First Pacific, Wilmar bid
Australia’s largest food producer Goodman Fielder has accepted a $1.3 billion joint takeover bid from First Pacific and Wilmar, which values the company at...
Australian Kresta receives Chinese takeover bid
Hong Kong based Suntarget Trading — a subsidiary of Ningbo Xianfeng New Material Co, which trades under the brand name APLUS — is set...
Metso snubs Weirs’ latest takeover bid
Finland’s Metso — a leading process performance provider in the mining, construction and oil & gas industries — has rebuffed Scottish Weir Group’s second, improved takeover...
Peters Ice Cream back in European hands
Pacific Equity Partners, Australia’s biggest private equity firm, has sold Peters Ice Cream to England-based ice cream maker R&R for an undisclosed fee.
The deal...
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The future of sports manufacturing: Inside M2M Group’s AI-powered strategy
As the sports manufacturing industry evolves, artificial intelligence (AI) is emerging as a critical catalyst for innovation and efficiency.
