Tag #Takeover

Showing 13 to 24 of 34 results

welt.de
🌐 85% Global Worthiness
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Commerzbank's Strong Q1 Earnings Bolster Defense Against Unicredit Takeover

Commerzbank announced record Q1 2024 earnings of €834 million, exceeding expectations despite job cuts and countering Unicredit's takeover attempt; the bank projects a full-year profit of approximately €2.4 billion.

Progress

40% Bias Score

Decent Work and Economic Growth
news.sky.com
🌐 85% Global Worthiness
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De La Rue: Historic Takeover by US Private Equity Firm Imminent

Atlas Holdings, a US private equity firm, is poised to acquire De La Rue, the Bank of England's banknote printer, for £130 per share, ending its 80-year run as a public company and marking its first private ownership since 1813.

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40% Bias Score

Decent Work and Economic Growth
dailymail.co.uk
🌐 85% Global Worthiness
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Kretinsky's Royal Mail Acquisition Raises Concerns

Czech businessman Daniel Kretinsky is acquiring Royal Mail owner International Distribution Services (IDS) for £3.6 billion despite a failed similar attempt in the Netherlands involving PostNL; the deal raises concerns about service quality and financial stability.

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68% Bias Score

Decent Work and Economic Growth
dailymail.co.uk
🌐 75% Global Worthiness
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US Firm Bids for British Defense Company, Raising National Security Concerns

US private equity firm Bain Capital made a £1 billion bid for UK defense company Chemring, raising national security concerns and highlighting the vulnerability of British defense firms to foreign takeovers, despite recent growth due to the war in Ukraine.

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56% Bias Score

Industry, Innovation, and Infrastructure
cincodias.elpais.com
🌐 85% Global Worthiness
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Basque Consortium Acquires Talgo, Faces Production Challenges and Renfe Penalty

A Basque consortium led by Sidenor is acquiring a 29.7% stake in Talgo for €5 per share, aiming to resolve production bottlenecks impacting a €4 billion order backlog, while facing a €116 million penalty from Renfe for delayed train deliveries and potential strikes.

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44% Bias Score

Decent Work and Economic Growth
theguardian.com
🌐 75% Global Worthiness
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Truell Bids £245 Million for De La Rue

City financier Edi Truell made a conditional £245 million takeover bid for De La Rue, the British banknote printer, contingent on the sale of its authentication division to Crane NXT for £300 million. Truell aims to pay down debt and focus on international banknote printing, particularly in Africa a...

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36% Bias Score

Decent Work and Economic Growth
news.sky.com
🌐 75% Global Worthiness
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Multiple Takeover Bids for UK Consumer Credit Firm NewDay

NewDay, a British consumer credit firm owned by Cinven and CVC Capital Partners, is receiving takeover bids from major financial investors, including Pimco, KKR, and a Bain Capital-led consortium, after its recent acquisition of Argos's store card business for £720 million.

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44% Bias Score

Decent Work and Economic Growth
welt.de
🌐 85% Global Worthiness
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Unicredit's Delayed Commerzbank Takeover Bid

Unicredit holds about 28% of Commerzbank shares, aiming for a takeover despite resistance from Commerzbank's management, labor unions, and the German government, delaying a final decision until next year due to regulatory hurdles and negotiations.

Progress

44% Bias Score

Decent Work and Economic Growth
zeit.de
🌐 85% Global Worthiness
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UniCredit's Commerzbank Stake Faces German Regulatory Scrutiny

UniCredit, an Italian bank, submitted its plans to increase its stake in Commerzbank to Germany's Federal Cartel Office for review, sparking concerns about competition and prompting a rejection from the German government. This follows UniCredit's increase of its shares from 9% to 28% in December, an...

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60% Bias Score

Decent Work and Economic Growth
smh.com.au
🌐 75% Global Worthiness
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CoStar Makes Significant Bid for Australian Real Estate Firm Domain

US property giant CoStar made a bid to acquire nearly 20% of Nine Entertainment-owned Domain for \$4.20 per share, valuing the company at \$2.7 billion, significantly higher than its market price, potentially disrupting Australia's real estate classifieds market.

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36% Bias Score

Decent Work and Economic Growth
zeit.de
🌐 75% Global Worthiness
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NWL Takes Over Financially Troubled Eurobahn

The financially struggling German regional railway company Eurobahn will be temporarily taken over by the Zweckverband Nahverkehr Westfalen-Lippe (NWL) for a symbolic one euro, securing regional rail services in Westfalen-Lippe until a private investor is found by 2027.

Progress

36% Bias Score

Industry, Innovation, and Infrastructure
welt.de
🌐 85% Global Worthiness
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Unicredit Denies Commerzbank Job Cut Claims Amidst Increased Stake

Unicredit denies Commerzbank workers' council claims of 15,000 potential job losses following its increased stake to approximately 28 percent; the bank states that these claims are unfounded speculation and reiterates its long-term commitment to the German market.

Progress

48% Bias Score

Decent Work and Economic Growth

Showing 13 to 24 of 34 results