Search results for: takeover terms

64528 results

A list of search results

  • 31 March 2014
    Business & Finance

    Seven Group Holdings Limited (SGH) announced today it had signed a merger implementation agreement to acquire all of the outstanding equity of Nexus Energy Limited (NXS) by way of a scheme of arrangement. The offer to NXS shareholders is AUD0.02 per share in cash. Closing of the transaction is expected in around June 2014, subject […]

  • 15 November 2012
    Business & Finance

    VOSTA LMG announced that effective on the 12th of November a conditional sale and purchase agreement of VOSTA LMG Group of Companies and CFT International GmbH by a company of ASL Marine Group has been agreed upon. VOSTA LMG’s business is complementary to the Group’s current business segments of shipbuilding, ship repair and conversion and […]

  • 22 August 2016
    Business & Finance

    Singapore Exchange Limited (SGX) and The Baltic Exchange Limited (Baltic Exchange) have agreed on the terms for a recommended offer by SGX for the entire issued share capital of the Baltic Exchange. The announcement follows a period of extensive consultation with Baltic Exchange shareholders and other stakeholders. Under the terms of the proposed acquisition, Baltic Exchange […]

  • 28 September 2017
    Business & Finance

    The French and Italian governments have hammered out a deal on the future shareholding structure of STX France, enabling Fincantieri’s takeover of the yard to move forward. Namely, the two governments agreed to launch a joint process paving the way for the future creation of an alliance in the naval defence sector that is expected to result […]

  • 5 February 2018
    Business & Finance

    Fincantieri has finally inked the deal with the French state on the acquisition of its French counterpart STX France.

  • 13 December 2011
    Business & Finance, Operations & Maintenance

    Cove Energy pic, the AIM quoted upstream oil and gas company, announces an update on activities in their 8.5 per cent participating interest in the Mozambique Offshore Area 1 block (“Rovuma Area 1”). Cove reports that the latest appraisal well, Lagosta 2 (7.4km north of Lagosta 1), has spudded on 11 December 2011 and it […]

  • 19 December 2016

    Oil and gas company San Leon Energy has been approached by an unnamed firm for a possible takeover offer, the second one in less than two years.  The company, with oil and gas assets across Europe and Africa including offshore assets in Albania, Ireland, and Morocco, confirmed on Monday it has received an approach from a possible […]

  • 14 August 2015
    Business & Finance

    Pon Holdings and Parcom Capital have reached agreement on the takeover of technical services provider, Imtech Marine, with the details of the takeover to be worked out. Imtech Maritime has said that the takeover by the new shareholders, Pon Holdings and Parcom Capital, guarantees the continuity of Imtech Marine, which allows the company to realize its growth ambition. […]

  • 20 December 2006

    Shanghai / Hamburg, 21 December 2006 – Germanischer Lloyd continues to provide first class classification service in Greater China and all over the world. The hostile takeover bid by the French company Bureau Veritas was rejected. The independence of Germanischer Lloyd has been safeguarded by a local business tycoon. The Hamburg based business man Guenter […]

  • 9 September 2015

    Brisbane-based Armour Energy on Wednesday advised its shareholders to reject a takeover offer by CSG producer Westside Corporation. “The Board of Armour unanimously recommends that shareholders reject the opportunistic and inadequate Westside offer as it significantly undervalues the company both in terms of its existing assets, and the potential value the company expects to deliver […]

  • 21 December 2018
    Business & Finance

    Norwegian oil and gas operator DNO ASA has increased its stake in oil and gas explorer Faroe Petroleum despite the latter’s objections to the former’s hostile takeover bid.  Before the latest acquisition announced on Thursday, DNO owned a 28.22 percent in Faroe Petroleum. In a statement on Thursday DNO said it had acquired 6,246,152 shares in […]

  • 30 January 2007

    The £6bn takeover of Corus by Indian firm Tata Steel has been given a mixed reception in Wales, with concern about jobs in the long term the main issue. Welsh Secretary Peter Hain said Tata’s chairman had given him an “absolute assurance” over the firm’s future.

  • 17 June 2020
    Business developments & projects, Infrastructure, Project & Tenders

    Lithuanian oil and liquefied natural gas (LNG) terminals operator, is looking to enlist external expert services to implement a long-term LNG supply project.

  • 23 May 2012

    After Cove Energy on Monday advised its shareholders to accept Shell’s takeover bid of USD 1.8 billion, Thailand’s PTTEP has launched a counter bid. Under the terms of the acquisition, Cove shareholders will be entitled to receive 240 pence for each Cove Share, which means that the Thai oil giant has lifted the offer to […]

  • 6 June 2019
    Business & Finance

    Occidental Petroleum’s $38 billion acquisition of rival Anadarko has moved closer to completion as the U.S. antitrust regulators have given it an approval.

  • 12 December 2018

    Oslo-listed DNO ASA is adamant in its intention to fully take over Faroe Petroleum, despite the Faroe board being against it.

  • 8 March 2020

    Sempra contracts Bechtel for Port Arthur LNG project San Diego-based energy company and LNG operator Sempra Energy has signed a fixed-price engineering, procurement and construction (EPC) contract for the Port Arthur LNG liquefaction project under development in Port Arthur, Texas with Bechtel. Brand new TMS Cardiff Gas LNG carrier delivered to Total Greece-based LNG tanker […]

  • 21 March 2019

    London-listed oil company Ophir Energy has accepted Indonesia Medco Energy’s increased takeover bid. Ophir was also recently approached by Coro Energy over a potential takeover.

  • 29 January 2018
    Business & Finance

    Australian oil and gas explorer AWE has received yet another takeover proposal, a third in a space of just a few months

  • 18 December 2013

    Moonen Shipyards in the Netherlands has a new majority shareholder who has committed to invest in the long-term future of this superyacht builder. The takeover was completed in October and ensures long-term financial security both for the yard and for clients of new and existing construction and refit projects.  “We are very pleased with the […]

  • 30 January 2019

    London-based Ophir Energy on Wednesday said that following negotiations with Medco, the companies have reached an agreement on the terms of the potential takeover bid. 

  • 17 February 2012
    Business & Finance

    Bowleven, a West Africa focused oil and gas company, based in Edinburgh saw its shares rise some 70% driven by speculation of a possible takeover by Dragon Oil. The shares  rose to 133.67  pence at 12:18 GMT, which represents a five month high. Dubai based, Dragon Oil released a statement in which it says that […]