United Kingdom | Friday, 5 December 2008

Takeover Articles

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1. Lloyds TSB could face rival bid for HBOS
Lloyds TSB, the bank which has agreed to take over HBOS, could face competition from the founder of HBOS's internet banking unit who is working on a rival bid, the Sunday Times newspaper reported.
03 Nov 2008
2. BG to buy Queensland Gas for £2.17 billion
Gas producer BG Group launched a A$5.6 billion (2.17 billion pound) friendly takeover bid for Australia's Queensland Gas(QGC), its latest effort to boost its position in Asia's fast-growing natural gas market.
28 Oct 2008
3. Lloyds shotgun marriage to HBOS loses its shine
The shotgun marriage of Lloyds TSB and HBOS is having trouble even before the nuptials, with many members of the groom's family unhappy about the union.
24 Oct 2008
4. Cathay Pacific says no plans to buy BA
Cathay Pacific Airways, Asia's No. 3 carrier, denied market talk it was planning a takeover bid for British Airways after BA's shares jumped 4.3 percent in London on the bid rumours.
23 Oct 2008
5. Microsoft says deal with Yahoo still makes sense
Shares of Yahoo jumped 12 percent after Microsoft Chief Executive Steve Ballmer reportedly said that a deal between the companies may still make economic sense for shareholders.
17 Oct 2008
6. Top Lloyds investors shrug off dividend row
Two top ten shareholders in Lloyds TSB Plc. said on Thursday they are prepared to back the bank's takeover of HBOS even if the combined bank is barred from paying dividends for a time.
17 Oct 2008
7. HBOS says takeover by Lloyds TSB still on
Mortgage provider HBOS said the takeover of the bank by Lloyds TSB remained on, rejecting a report Sunday that the deal had collapsed.
13 Oct 2008
8. Lloyds says no comment on report of HBOS deal renegotiation
Lloyds TSB on Thursday declined to comment on a press report that it is renegotiating the terms of its planned takeover of rival HBOS.
09 Oct 2008
9. Iceland regulator takes control of Kaupthing bank
Iceland's financial watchdog said on Thursday it was taking control of the country's biggest bank Kaupthing, the third such takeover in a week, in order to safeguard the domestic banking system.
09 Oct 2008
10. ImClone seen set to be acquired by Eli Lilly
ImClone Systems has agreed to be acquired by Eli Lilly for about $6.1 billion (3.5 billion pounds) after rebuffing a sweetened takeover offer from Bristol-Myers Squibb, sources familiar with the situation said on Monday.
06 Oct 2008
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