Entries tagged "bid"
Still no formal announcement, but if Staples Inc.'s plans to take its bid for Corporate Express NV hostile, the Framingham, Mass.-based stationary company must register an official bid for approval to the Dutch market regulator by May 13. So by next week we should have the formal announcement. There were supposedly more exploratory talks between the two companies, but it looks like Staples may go hostile. ...
Stay tuned to The Deal.com and Deal International for updates on these stories and more. Vale, Xstrata end takeover talks After three months, Brazil's Cia. Vale do Rio Doce abandoned a takeover proposal for miner Xstrata, a target thought to be valued at about $90 billion.Oriel goes to Mechel for $1.5BRussian coal and steel group Mechel agrees to pay $1.5 billion for Russian-focused miner Oriel Resources.Sainsbury plc's venture with British LandSainsbury, which has seen off at least two bids over the past year, unveils a $1.2 billion property venture with British Land.Financial Services Authority improves oversightsThe U.K.'s Financial Services Authority...