Market Watch: GBP 1 billion builder's bid battle keeps pressure on

Evening News - Scotland;  July 17, 2006 ;     394 words ......of a potential GBP 1 billion bid battle in the housebuilding sector...target itself rising 10.6 per cent. However, the mood of the market...fighting. Last week's three per cent fall in the benchmark FTSE-100...with Kazakhmys down 1.9 per cent, Antofagasta down 2.3 per cent...

CGU ups the stakes in French bid battle

The Independent - London;  July 30, 1999 ;     197 words ......insurance giant yesterday snapped up 3 per cent of Societe Generale, doubling its holding in the French bank to 6 per cent, writes Andrew Garfield. The move follows...eleventh-hour intervention in France's banking bid battle when it declared its intentions on Wednesday...bank's efforts to fend off ...

Bid battle breaks out for TLG

The Independent - London;  September 11, 1998 ;     158 words ......yesterday at the centre of a bid battle after Wassall, the mini-conglomerate...built up a stake of 25.63 per cent in TLG after buying more than 10 per cent of its shares in a market blitz...160p offer and almost 60 per cent above TLG's closing price on...

Shortfall hits IT firm in pounds 85m bid battle.

The Birmingham Post (England);  June 14, 2000 ;     260 words ......embroiled in an pounds 85 million bid battle for rival Compel - plummeted yesterday...group's shares fell by 32.7 per cent to 432.5p - a new year low. It...the company by almost half a per cent to 11.4 per cent last week, buying 10,000 shares...

Tempus slashes 6% of its staff as WPP ups ante in bid battle

The Independent - London;  August 21, 2001 ;     554 words ......agency Tempus has sacked six per cent of its workforce since becoming...share. One alternative to a bid battle being suggested yesterday was...Tempus chairman, owns 15 per cent of the company and senior management 10 per cent. Havas has built its stake to 28.5 per cent. Mr Ingram, a ...

Burlington may trump French in bid battle for United Biscuits

The Independent - London;  December 20, 1999 ;     327 words ......has already bought 30 per cent of UB in the market and could...easily," said one analyst. The bid battle for UB was "almost a mirror...has already built up a 35 per cent stake in UB. Not only does...Finalrealm to gain the 50 per cent approval it needs to close...already acquired nearly 30 ...

Bid battle looms for McCarthy & Stone

The Scotsman;  July 18, 2006 ;     562 words ...A BID battle surrounding McCarthy & Stone...an auction for M&S - 11 per cent of whose volume sales last year...saw its shares surge 11 per cent yesterday. The stock closed...Mars Bidco's offer was 37 per cent above the group's average share...

Thomson faces bid battle as Preussag stages raid on stock

The Independent - London;  May 13, 2000 ;     552 words ......Travel Group is facing a potential bid battle after a raid on its shares by Preussag...4 million, equivalent to 13.7 per cent of Thomson's equity. Thomson shares...Preussag has more financial muscle for a bid battle than C&N. Preussag is publicly quoted...

US firms fight for control of Enodis; BID BATTLE.(Business)

The Birmingham Post (England);  May 21, 2008 ;     434 words ......manufacturer Manitowoc - a five per cent premium to a previously Enodis...billion on Monday. But the bid battle may not be over yet. Manitowoc...represents a premium of 108 per cent to Enodis' closing price on...pretax profit rise six per cent to pounds 28.3 million, draws around 86 per ...

RMC may enter pounds 1bn bid battle for Scancem

The Independent - London;  February 25, 1999 ;     349 words ......entering a pounds 1bn- plus bid battle for Scancem, the Scandinavian...owners,which control over 90 per cent of the voting rights in Scancem...UK company commands a 25 per cent slice of Britain's cement market...largest after Blue Circle's 45 per cent but ahead of Rugby's 20 per...

Lucas bid battle looms as BBA steps in

The Independent - London;  June 6, 1996 ;     544 words ......The increased likelihood of a bid battle pushed shares in Lucas 8p higher...who control more than 60 per cent of Lucas side with its view...shareholders will receive 62 per cent of the enlarged capital, and Varity shareholders 38 per cent. The deal is not expected to...

Bid battle for Lloyds resumes

The Independent - London;  October 19, 1996 ;     510 words ...The bid battle for Lloyds Chemists sparked...Chemists name. It said 88 per cent of its business was prescription...the announcement. Only 3 per cent of its remaining sales are...UniChem already owns 9.9 per cent of Lloyds Chemists. Gehe still...

Bid battle looms for French bank

The Independent - London;  March 8, 1999 ;     82 words ...Bid battle looms for French bank A BID BATTLE is looming for Credit Commercial de...Belgian banking group, for the 7.8 per cent stake in CCF put up for sale by Mutuelles...pounds 5.3bn). ING already has 9 per cent of CCF voting shares.

Scardino pulls out of Forest bid battle

The Independent - London;  February 24, 1997 ;     441 words ...The bid battle for Nottingham Forest became a one-horse race yesterday after...far from a foregone conclusion as the bid needs a 75 per cent majority to win control. Commenting on the sudden evaporation...take this club forward." Forest fans are desperate for the bid battle to reach a ...

PartyGaming nets fresh high but P&O suffers on bid battle blow

The Scotsman;  December 9, 2005 ;     526 words ......Management. PartyGaming jumped more than 16 per cent on the back of an encouraging trading update...forecasts for 2006 and 2007 by 10 and 8 per cent respectively. On the downside, P&O - which...Thursday following a rejig - fell 2.8 per cent to 480p as concern grew that Dubai Ports...