hostile takeover

Warner accuses Caribbean officials of caving in to FIFA


December 24th, 2011 - 5:01 pm ICT by IANS
Port of Spain, Dec 24 (IANS/CMC) Former FIFA vice-president Jack Warner has accused Caribbean officials of undoing more than three decades of their struggle for respect by caving in to certain ... Read more...

Posted in Uncategorized |

Indo-Canadian CEO to head top tech body


August 11th, 2011 - 11:10 am ICT by IANS
Toronto, Aug 11 (IANS) Indo-Canadian CEO Karna Gupta, who made headlines in 2009 in stopping hostile takeover of his encryption company by BlackBerry, has been appointed the president and CEO ... Read more...

Posted in Sci-Tech |

Seven new BlackBerries to be unveiled soon


July 13th, 2011 - 10:54 am ICT by IANS
Toronto, July 13 (IANS) Warding off investors' anger at their annual meeting at Waterloo near here Tuesday, BlackBerry co-CEOs announced that seven new smart phones running a new operating system ... Read more...

Posted in Sci-Tech |

Canadians evoke patriotism to stop London bourse


June 14th, 2011 - 10:37 am ICT by IANS
Toronto, June 14 (IANS) Opposition to the proposed acquisition of the Toronto Stock Exchange by the London Stock Exchange got ugly Monday as a rival Canadian group launched a hostile ... Read more...

Posted in Business |

Toronto, London stock exchanges set merger vote date


May 26th, 2011 - 10:59 am ICT by IANS
Toronto, May 26 (IANS) Even as the Toronto Stock Exchange and the London Stock Exchange Wednesday announced to hold special shareholder meetings June 30 to seek vote on their proposed ... Read more...

Posted in Business |

Toronto exchange rejects rival bid, wants merger with London


May 21st, 2011 - 11:38 am ICT by IANS
Toronto, May 21 (IANS) With its merger with the London Stock Exchange still awaiting nod from the Canadian government, the Toronto Stock Exchange Friday rejected a rival bid by a ... Read more...

Posted in Business |

Anti-Islamic Dutch MP seeks Muslim immigration ban


May 9th, 2011 - 3:37 pm ICT by IANS
Toronto, May 9 (IANS) Europe's openly anti-Islamic parliamentarian, Dutch MP Geert Wilders, riled many Canadians Sunday when he said Canada should ban immigration from Muslim nations.Wilders, who is here to ... Read more...

Posted in World |

For your reading pleasure, business, photography and history (IANS Books This Week)


March 10th, 2011 - 4:23 pm ICT by IANS
New Delhi, March 10 (IANS) Tease your brains with a serious book cart this week:1. "From the Brink of Bankruptcy: The DCM Story"; Written by Vinay Bharat-Ram; Published by ... Read more...

Posted in Life Style |

ArcelorMittal sticks to offer deadline as rival raises bid


December 30th, 2010 - 3:38 pm ICT by IANS
By Gurmukh Singh Toronto, Dec 30 (ANS) Even as ArcelorMittal stuck to its Thursday night deadline of friendly takeover offer of $492 million to Canada's Baffinland Iron Mines Corporation, rival Nunavut Iron ... Read more...

Posted in Business |

ArcelorMittal says it won’t extend Canadian takeover offer


December 23rd, 2010 - 12:37 pm ICT by IANS
By Gurmukh Singh Toronto, Dec 23 (IANS) ArcelorMittal said Wednesday it is not interested in extending its Dec 29 deadline for friendly takeover of Canadian iron ore company Baffinland Iron Mines after ... Read more...

Posted in Business |

ArcelorMittal set to buy Canadian iron ore company for $433 million


December 16th, 2010 - 2:01 pm ICT by IANS
By Gurmukh Singh Toronto, Dec 16 (IANS) Unless a rival bidder emerges possibly from China by Monday, ArcelorMittal is set to take over Canada's Baffinland Iron Mines for $433 million.ArcelorMittal has already ... Read more...

Posted in Business |

World’s fertilizer giant faces takeover bid, Canada worried


November 1st, 2010 - 1:58 pm ICT by IANS
By Gurmukh Singh Toronto, Nov 1 (IANS) The hostile takeover bid by the British-Australian BHP Billiton Ltd for the world's biggest fertilizer company - Potash Corporation of Saskatchewan (PCS) - here has triggered ... Read more...

Posted in Business |

Michelle Obama tops ‘2010 World’s 100 Most Powerful Women’ list


October 7th, 2010 - 11:03 pm ICT by Aishwarya Bhatt
America’s First Lady, Michelle Obama has been named as the most powerful woman in the world by Forbes Magazine.This year’s annual Forbes Magazine’s list of most powerful women ranked the First Lady ... Read more...

Posted in World News |

High testosterone levels linked to self-destructive CEO behaviour in M&As


September 9th, 2010 - 1:06 pm ICT by ANI
Washington, Sept 9 (ANI): Higher testosterone levels have been linked to higher aggression levels in men, and now a study indicates that in CEOs negotiating mergers and acquisitions, increased levels are linked ... Read more...

Posted in Health Science |

Kraft and Cadbury confirm ‘finalising’ takeover


January 19th, 2010 - 4:39 pm ICT by IANS
London, Jan 19 (DPA) Britain's oldest chocolate maker Cadbury and US food giant Kraft Foods confirmed Tuesday that they were "finalising" the terms of a takeover deal reported to be worth 11.5 ... Read more...

Posted in Business |

Cadbury rejects Kraft’s takeover offer


December 14th, 2009 - 3:03 pm ICT by IANS
London, Dec 14 (IANS) Britain-based global confectionery and processed foods major Cadbury Monday rejected the $16.7-billion hostile takeover bid by Kraft of the US, saying it "substantially" undervalues the company. "Cadbury is an ... Read more...

Posted in Business |

Arsenal boss told to win a trophy as second or third isn’t good enough


October 11th, 2009 - 4:49 pm ICT by ANI
London, Oct. 11 (ANI): Arsenal chief executive Ivan Gazidis has bluntly told manager Arsene Wenger to end the club's four-year trophy drought this season."It's absolutely our ambition to win a trophy ... Read more...

Posted in Sports |

Berlusconi’s lawyers believe he’s above the law


October 7th, 2009 - 4:47 pm ICT by ANI
London, Oct 7 (ANI): Lawyers of Silvio Berlusconi have urged that the law should regard him as "first above equals".In a bid to save his political career, on the first day of ... Read more...

Posted in World |

ITC not to make takeover bid on East India Hotels


July 24th, 2009 - 5:43 pm ICT by IANS
Kolkata, July 24 (IANS) Tobacco-to-hotels major ITC Ltd will not make any takeover bid on East India Hotels, a top company official said here Friday. ITC, through its wholly-owned investment arm Russell Credit ... Read more...

Posted in Business |

Cipla Medpro SA hits out at hostile takeover bid


June 6th, 2009 - 2:41 pm ICT by IANS
By Fakir Hassen Johannesburg, June 6 (IANS) The attempt by South African pharmaceutical manufacturer Adcock Ingram to place the blame for the failure of the proposed buyout of Cipla Medpro South Africa (CMSA) ... Read more...

Posted in Business |

Cipla India rejection of deal may scupper local takeover


April 21st, 2009 - 1:47 pm ICT by IANS
By Fakir Hassen Johannesburg, April 21 (IANS) A threat by Cipla India to end a 20-year supply deal with Cipla Medpro South Africa (CMSA) may scupper a takeover bid by Adcock Ingram, analysts ... Read more...

Posted in World |

BlackBerry drops hostile takeover bid of Indian-owned firm (Lead)


January 21st, 2009 - 4:07 pm ICT by IANS
Toronto, Jan 21 (IANS) Blackberry maker Research in Motion (RIM) has withdrawn its offer to make a hostile bid for acquiring an encryption technology company owned by an Indo-Canadian after its action ... Read more...

Posted in Uncategorized |

BlackBerry drops hostile takeover bid


January 21st, 2009 - 2:57 pm ICT by IANS
Toronto, Jan 21 (IANS) Blackberry maker Research in Motion (RIM) has withdrawn its offer to make a hostile bid for acquiring an encryption technology company.The firm withdrew its offer Tuesday after it ... Read more...

Posted in Business |

BlackBerry bid for hostile takeover stopped


January 20th, 2009 - 12:18 pm ICT by IANS
Toronto, Jan 20 (IANS) A Canadian court has stopped BlackBerry maker Research In Motion (RIM) from making a hostile bid for takeover of its security technology supplier Certicom Corp. Headed by Indian-origin ... Read more...

Posted in Business |

Satyam convenes board meet to buy back shares


December 18th, 2008 - 6:27 pm ICT by IANS
Bangalore, Dec 18 (IANS) India's fourth largest IT bellwether Satyam Computer Services plans to buy back shares, ostensibly to prevent a hostile takeover of the company amidst such rumours in the marketplace.In ... Read more...

Posted in Uncategorized |

Jerry Yang to step down as Yahoo CEO


November 18th, 2008 - 12:30 pm ICT by ANI
London, Nov 18 (ANI): Jerry Yang, the co-founder of Yahoo, will step down from his role after the company finds a replacement, the Internet company has announced.Yangs departure follows long criticism ... Read more...

Posted in National |

Allowing foreign firms to trade in secondary market opposed


November 14th, 2008 - 7:21 pm ICT by IANS
New Delhi, Nov 14 (IANS) Allowing foreign companies to trade in the Indian stock markets could lead to hostile takeovers, an industry lobby said here Friday."Such a move would mean doing away ... Read more...

Posted in Business |

Mbeki received kickbacks in German defence deal: report


August 4th, 2008 - 1:00 am ICT by IANS
DPA Johannesburg, Aug 3 (DPA) South African President Thabo Mbeki allegedly took a multimillion-dollar bribe from a German shipbuilding giant for a 1999 submarine deal, South Africa's Sunday Times newspaper reported. The Times ... Read more...

Posted in World |

China’s Sinosteel takes over Australian mining company


July 12th, 2008 - 8:37 pm ICT by IANS
Xinhua Beijing, July 12 (Xinhua) China's second largest iron ore trader Sinosteel Corp has announced it had won a controlling share of Australian iron ore miner Midwest Corp in a hostile takeover. Sinosteel ... Read more...

Posted in World |

Microsoft withdraws offer for Yahoo(Lead)


May 4th, 2008 - 12:52 pm ICT by admin
DPA New York, May 4 (DPA) Software giant Microsoft said it has withdrawn its offer for Yahoo after its higher offer failed to move the internet company. The collapse of talks between the ... Read more...

Posted in World |

Microsoft raises Yahoo bid as talks intensify(Lead)


May 3rd, 2008 - 10:05 am ICT by admin
DPA New York, May 3 (DPA) A mammoth deal that would reshape the internet landscape loomed closer Friday after Microsoft reportedly raised its bid for leading web portal Yahoo. The New York Times ... Read more...

Posted in Business |

Microsoft and Yahoo intensify takeover talks


May 3rd, 2008 - 3:57 am ICT by admin
DPA New York, May 3 (DPA) Microsoft and Yahoo executives intensified takeover talks Friday but could not reach agreement on a price for the deal, The Wall Street Journal reported. The intensified talks ... Read more...

Posted in World |

Microsoft board undecided on Yahoo! approach


May 2nd, 2008 - 12:10 am ICT by admin
DPA New York, May 1 (DPA) Microsoft's board has given company CEO Steve Ballmer broad authority to decide on how to proceed with the takeover attempt of Yahoo!, the Wall Street Journal reported ... Read more...

Posted in World |

Yahoo! reports large profits


April 23rd, 2008 - 2:35 pm ICT by admin
DPA New York, April 23 (DPA) Internet company Yahoo! Corp has got a boost in its negotiations with Microsoft, reporting a tripling in earnings in the first quarter over the same period last ... Read more...

Posted in World |

Yahoo! ready for deal, but wants more money


April 8th, 2008 - 1:40 am ICT by admin
DPA San Francisco, April 7 (DPA) Two days after Microsoft slapped a deadline on its buyout offer, a previously reluctant Yahoo! signalled Monday that it was ready to strike a deal, but said ... Read more...

Posted in World |

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